What about the HUGE rotations BTC->ETH based on the "rails narrative" ("...tokenized rwa's will be issued on Ethereum and most tx's are happening there and... ...")? Do you still stick to BTC and XAU?
ETH is a service provider, it's not money. Think of it as the internet computer. BTC and Gold are a different asset class. Treat ETH like any tech stock.
Makes perfect sense! However, rotating parts of your sats and run an aave+pendle+beefy loop for, say, a two year period would probably reap some substantial yield until BTC/Gold crushes it due to macro. I know you're not a fortune teller but I appreciate your insights and staying "sober"(?) in your reflections :)
I learned some time ago to never sell my btc for alts. If you have cash around, you can choose to bet on those protocols, not a bad bet, but trading BTC for an inferior asset class is a bad trade long term. Timing that so you don't get burnt is hard.
You’re a true believer and failed to answer my original question as though BTC isn’t attached to the dollar- it is too what degree? I am unsure yet thinking somehow a downturn will be covered by pumping it is naive.
That’s a lame answer- Crypto dropped recently like went cold after the false breakout to $124,000. I am pump higher or dump lower. Is the obvious thought on my part. Crypto is western based- it’s Gold in the east no Crypto allowed so your global needs can asterisk next to it
What about the HUGE rotations BTC->ETH based on the "rails narrative" ("...tokenized rwa's will be issued on Ethereum and most tx's are happening there and... ...")? Do you still stick to BTC and XAU?
ETH is a service provider, it's not money. Think of it as the internet computer. BTC and Gold are a different asset class. Treat ETH like any tech stock.
Makes perfect sense! However, rotating parts of your sats and run an aave+pendle+beefy loop for, say, a two year period would probably reap some substantial yield until BTC/Gold crushes it due to macro. I know you're not a fortune teller but I appreciate your insights and staying "sober"(?) in your reflections :)
I learned some time ago to never sell my btc for alts. If you have cash around, you can choose to bet on those protocols, not a bad bet, but trading BTC for an inferior asset class is a bad trade long term. Timing that so you don't get burnt is hard.
Again, makes perfect sense - a "sober" reflection! Thanks!
🙏🏽
So Bitcoin is dollar based? At least that was my capital used to buyin. Dollar goes belly up how do you see BTC preforming?
Bitcoin is global, if USD hyperinflates, BTC will just pump higher like gold.
You’re a true believer and failed to answer my original question as though BTC isn’t attached to the dollar- it is too what degree? I am unsure yet thinking somehow a downturn will be covered by pumping it is naive.
That’s a lame answer- Crypto dropped recently like went cold after the false breakout to $124,000. I am pump higher or dump lower. Is the obvious thought on my part. Crypto is western based- it’s Gold in the east no Crypto allowed so your global needs can asterisk next to it
You never been to Asia, have you? Crypto is huge here.