After a few long days at the hospital, we finally made it back home
Baby is doing wonderfully, thanks for all the kind messages
Can't describe how happy I am, life sure is beautiful
Not gonna lie, the ETF event played out significantly more bullish than I expected
We're down a bunch but every passing day it looks more like a dip to buy and less like mindless speculation
If sentiment shifts slightly bearish, it's a strong buy IMO
Every time I mention taxes a bunch of people give me advice on how to avoid them.
My mom raised me and my brothers alone, we were supported by the state all the way until university.
I was fully paid and cared for when I got sick with cancer.
You do you, I gladly pay.
Even though the experience motivated me, it's also always left a shadow of fear "What if it comes back?"
That fear has mostly been lifted today.
I just finished my last check-up and I'm officially cancer-free.
Thought I'd share the happy news.
Onwards and upwards.
The best this ATH tap can be for bears is an intermediate level to pullback from
Until we inevitably smash it and go much higher
Only the very pious and idiots believe in triple tops, pullbacks are gifts from god to be capitalized on until we reach the holy land of $100k
Luna went -90% from $100 to $10
And then again -90% from $10 to $1
And there is a world in which it goes from $1 to $0.1 to be down another 90%
Just because something is down a lot doesn’t mean it’s necessarily a good buy, this is especially true in alt land
FTX imploded and we made a new low that was barely 10% below the previous one
At this rate, if we wanna go down 50% Satoshi has to come back and start selling, Coinbase has to burn down and CZ has to go to jail
My lil one is supposed to arrive this week
I took the opportunity to close all my positions this weekend
Market can do whatever it wants, I wanna be rested and fully focused for more important things
Good luck out there brothers and sisters, I'll be around.
Seems reasonable
Willing to lose the investment to gain more than a 5x
Think the 5x is actually more likely than losing it all
Still not finished buying and can buy more lower if need be but that's the idea
Elon Musk, one of the richest men on the planet, toying with poor people that truly believed he'd make them rich with $DOGE is just so so ironic
Man was just taking advantage of the attention while disregarding other peoples losses
That's your hero?
Kinda feel like if this market was still the same market as it used to be pre-etf BTC would properly nuke here
But I also think comparing pre-ETF and post-ETF is really hard
A lot of the experience we've gathered might not apply anymore.
I don't know yet, only time will tell
Never felt anything comparable to the moment I got the chance to hold my own baby
Utterly magical
Typing this as she’s sleeping on me while Mom is recovering in incomparable bliss even though I’ve not slept in two days
If this recent blow-off leads to a larger sell-off I think buying alt dips on that low will be very profitable
If BTC instead just keeps running I think alts will be on the back burner for a while
Alt season potential is there
I personally feel like all of the below is realistic in the next weeks
BTC to $28k+
ETH to $1.8k+
LTC to $80+
SOL to $50+
LINK to $12+
DOGE to $0.1+
Fuck the bears
The best argument for why this is gonna giga send is that we've simply run out of bad news
We've nuked every company, every reputation, everything
The whole industry is a laughing stock, and yet price is 2x from the lows
What else do they wanna throw at us?
I feel like most of you overestimate how happy wealth is going to make you
If you’re miserable now you’ll be miserable when you’re rich
Wealth only brings temporary fun, it’s your view of life, your friends/family that can make you happy long term
“Hustling” won’t change that
So we're almost at $30k even though in the last 12 months
-Luna went tits up
-3AC perished
-Celsius imploded
-Blockfi exterminated
-Voyager bit the dust
-FTX exit scammed
-Genesis was slain
-Bitzlato was taken from us
-US crypto banks got shut down
-Aggressive SEC intervention
If you're wondering "where has Don been"
Been shitting out blood, went from one doctor to another and I'll be getting a camera up the butt in a few days to see if I'm fucked or not.
Twitter/Livestreaming/whatever isn't my top priority right now, hope you understand
Much love
Someone just told me that BTC is gonna half in 3 days
There is even a website with a countdown and everything
Sold before it's gonna do that, gonna rebuy once it's done
Should be an easy 2x
People out here talking about "final capitulation" while we almost went to zero due to cascading liquidations overnight.
If there ever was a final capitulation yesterday was it.
The ballsy fuckers that didn't sell yesterday aren't gonna capitulate, they'll go down with the ship.
One of the greatest tragedies of our time is that young people can not afford to own their own home
Starting a family, improving the places around you, being part of the local community
All things you're not gonna think of without a place you own
We're all worse off for it
What I think will happen:
1) BTC pumps to ~9-11k
2) Alts start rallying close to the top
3) BTC starts dropping while alts do really well
4) BTC dumps hard
5) Alts dump hard
6) Everyone complains about the whales
7) I buy BTC back at 4k
8) ETF gets approved
& the cycle repeats
Kinda obvious we'll get a proper alt season at the end of all of this
I think the question is when will it occur, will there be a wipe before and what will go up the most rather than do we get one
Exciting times ahead
I was originally planning to sell some at $35k
Don’t think I’ll do that anymore, I’ll just be a moon boy until I get a really really good reason not to be
Until then I’ll ride this thing, no brakes
Bullish
1) Capitulation on an insititutional level
2) Retail selling Tether out of fear
3) Alts down 90%+
4) BTC down 50%
5) More targets for <$20k than >$40k
6) Popular narratives dead and ridiculed
7) "Heros" turned into public enemies
8) Trading near historic HTF supports
Today I'm grateful for the life crypto has enabled me to have
I still remember the days when I was young, having to lend my mum my saved-up pocket money so she could buy us food
20 years and a couple crypto cycles later my family and I are fully taken care of.
Big privilege.
In my opinion the best top indicators for this cycle in order would be
1) ETH Flips BTC
2) LTC ZEC and DOGE rally against BTC
3) El Salvador starts buying neighbouring countries
4) Peter Schiff confesses he’s been a BTC maxi all along
Started buying $BTC for the long term (1+ yrs)
The mcap of BTC is low enough for me to (largely) ignore macro at this point.
Yes everything looks shit but I'm willing to bet prices are going to be higher in 1-5 years.
Last time I "invested" was around $1k, hope it goes as well
Am I the only one that feels like the only reason we actually even went significantly sub $20k is because Sam dumped our BTC on us and then proceeded to blow up one of the biggest exchanges in the space?
I'm assuming everything sub $20k is a Sam discount that won't last forever
Had zero FOMO at $60k
Had a bit of FOMO at $20k
Have quite a bit more at $16k
Honestly really really hard not to just YOLO fire buys into this thing given these prices
At some point the upside gets so large it really doesn't matter if it can go down another 30%
Unpopular opinion
AVAX, SOL, ADA, UNI (insert your bags here) and so on of this cycle
Will most likely end up being the
LTC, EOS, BCH,NEO (insert coins down 90%+) of last cycle
No offence to the people here in Dubai but there are too many known scammers here for me to mingle
Too many people I despise accepted in these groups
Happy to meet up with the close bros in private though
Otherwise I’ll just be spending my time wakeboarding
Can we stop giving bad actors in the space an audience?
Do Kwon
3AC
Sam Bank Fraud
Countless influencers (à la BitBoy)
They're all trying to start their next thing using each others failures as excuse for their own misdeeds
I'm sick of it
The LUNA situation is a catalyst to break all hope in crypto
It’s now at near zero prices and nothing else broke, BTC still at $30k+, alts refusing to capitulate alongside it
Either we’re in for the most lagged move ever and it’s over or (more likely) we’ll bounce IMO
Yoooo, it's not cancer again bros.
Still a chronic illness that I'll have to deal with my entire life but at least not fucking cancer again.
Thanks for the well wishes and all the DMs appreciate you all greatly.
I'll be back ASAP, love you all xoxo
People in my comments
"You've been great for the last year but now you've lost it"
I dunno the reason why I bought $16k is the exact same reason why I sold $30.7k
Bad news was not taking us lower, which was bullish
Now good news is not pushing us up, which is bearish
Simple
One of my banks absolutely melting down because I withdrew a little crypto money to buy a house
Asking for the color of my underwear and what size my socks are and demanding an answer by the next day
Absolute cringefest, what century is this
Crazy how empty Twitter has gotten
Feels like its 10 people Tweeting & 1000 people reading
The handful of you still active remind me of myself in 2018 when I was still hungry even though I knew it was a bear market
Godspeed to you guys, may you achieve what you're looking for
$BTC monthly
We close above $37k this month and I'll target $60k.
We close below $35k and I'll probably derisk.
Pretty simple really, the setup is there, just depends on whether we've got the bulls to execute.
High on MDMA
Absolutely loving life right now
Honestly kind of crazy we all come together to trade these funny coins to maybe change the world for the better or to maybe make some money
Love y’all it’s a pleasure to be around you crazy mfers
Doubt starts creeping in
But what if... what if it was the bottom?
What if... that was capitulation after all?
That doubt festers, until you can't take it no more.
And that's how you buy into the bear market rally at the pico top after having been bearish for the entire bounce
$BTC
This support has been tested one too many times IMO
Quite bad looking, could still go up given how ridiculous price action has been in the last year but I wouldn't wanna bet on it
Wash out below $60k seems much more attractive
Having children is the biological purpose of life
Even putting all the fulfillment and happiness aside that children add it's crazy how unpopular it has become
I'd rather not be the person in my endless line of succession that dates back to the first humans that just gives up.
SOL seems to be consensus better than ETH on here
I personally think ETH will outperform SOL in the coming months while being much less risky with a lot less possible downside
SOLETH down only or duck is washed
@SBF_FTX
@andrewrsorkin
@dealbook
Instead of talking about leverage and how it was all just a little accident I’d be really curious what made you think using customer funds without their knowledge was ok
This is my ape
If you always wanted to be an ape but never had the means to (for whatever godforsaken reason), you can use this one as your PFP (as long as I own it).
It's ours now, a monumental sign of mental illness
I've not shared this on Twitter before:
Just before I started my crypto journey I had a bout with cancer (B-Cell lymphoma for the curious).
As cheesy as it sounds, that brush with mortality was what made me snap out of my normal life and made me want to pursue bigger things.
Before I leave
Todays move is the market showing how out of position it is for the actual ETF news
Guessing a bunch of people pooped their pants and won't risk being left sidelined (again) going into that
Expecting the ETF to now get priced in by price appreciation
Anyway bye
Can’t believe I misjudged FTX/Sam in the way I did.
Apologies to everyone that trusted them more than they should’ve because of my faith in them.
Tried and trying hard to dodge all scammers, fell for one of the biggest out there .
Just sad really, hard to trust anyone anymore
The question is: Why the fuck did we not dump harder?
1) Is it because people are complacent about the contagion FTX is going to cause
2) Is it because smart people are scooping this up for the long term
3) Is it simply trad markets doing somewhat well
Whenever I've been bored in the last month I've been trading a play account for fun
This was using spot margin so leverage was capped at ~3x
Goes to show, even in a shit market you don't need leverage to get good returns (Especially w a small account)
SBF - In Jail
FTX - Gone
Do Kwon - In Jail
Mashinsky - In Jail
3AC - On the run / In custody
Binance - Heavily scrutinized
Capo - Not invalidated yet
BitBoy - Nuking his life live on Twitter after losing his channel
And you guys are waiting for a black swan
IMO the market is so fucking simple right now
Banking bailouts will either put BTC on the big-player map
OR
the establishment will kill it
We either win big or lose big here, no time to be wishy-washy about it.
You're either omega bull or cheering for zero.
$BTC
Pretty simple for me, I think in between here and the upper range is where most of the risk and very little reward is
We won't make new lows IMO so the closer you get to buying to the bear market line the better
Gonna be really interesting to see how the ETF folks react to this downmove
They're not used to the up- and the downside that crypto has to offer
Takes mental illness to take double-digit % losses in a day and not lose faith, we have it, do they?
Just got word that a friend got liquidated.
Lost it all + some of his friends money on top.
Trust me on this one:
1) There is a big difference between trading and gambling
2) Gambling addiction is real
3) If you're going down that route, stop yourself before it's too late
If you think crypto is going to zero how about just fucking off?
Why waste your time on Twitter how about doing something else instead.
BTC went from sub $1 to $60k+ and is now at $20k.
It crashed as often as it has had bull markets, what's the point of the doom posts?