Alex Benfield
@cryptobenfield
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🧠Breaking down Bitcoin, Crypto, NFTS, macro & internet money 💰 Helping you earn + learn in the BTC economy 📨 Join my substack: @alexbenfield
Joined December 2020
Not a good start to the week for crypto. The market had just been gaining momentum
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Any Bitcoiner still living in California is either a masochist or an idiot
🇺🇸 California Governor Gavin Newsom has signed a bill allowing the state to transfer custody of any Bitcoin or cryptocurrency held on exchanges after three years of inactivity. Under the law, inactive accounts on centralized exchanges are classified as "unclaimed property."
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Stafford either drops dimes or slings in opportune pick sixes. No in between
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Traders: take some profits on the way up. You don’t get benched for locking in a win. Everyone loves swinging for home runs, but make sure you stack a few base hits first — there’s a reason the power hitter bats third, not leadoff.
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John Harbaugh had a great run with the Ravens that has last 17 seasons and saw us win a Super Bowl and usher in many successful seasons. That run is now clearly over. It’s time to move on now though, plain and simple
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Holy smokes, I just subscribed to Perplexity Pro, and it is lightyears better than GPT. Generates answers and images 10x faster than GPT could. Check it out if you haven't yet
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Comments sections are being destroyed by AI slop, and it’s not some small annoying side effect. Social media is turning into nothing but entertaining fake bullshit. Wouldn’t be surprised to see a shift away from wasting time staring at a screen in the coming years
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We will find out if Michael Saylor is capable of keeping this ship afloat very soon
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You didn't wake up the day after Thanksgiving to sell into the last relief rally of the year? Wait, you were hungover on your couch? NGMI, loser
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🚨 BITCOIN CAPITULATION 🚨 Short term holders underwater: • 2020 COVID crash 92% in a loss at $3,850 • 2022 FTX collapse 94% in a loss at $16,000 • Today: 99% in a loss at $89,000 This is the highest short term holder capitulation ever recorded
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Understand when looking at the market that this is as fearful as conditions have ever been. Take from that what you will
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