The Cryptoner

What are you doing this weekend?

Smoking more hopium!

Signal to buy the dip

Hopium to kickstart the month!

This week's hopium.

(Source: SalsaTekila)

This strategy works great in a bull market.

But in a bear market, the reverse is true. Wonder how he'll hold up when that happens.

Weekend hopium

As much as I would love to see crypto break to new ATH.

A question that’s at the back of my mind is, what if it doesn’t?

Are you prepared to see your portfolio drop 90%?

Can your lifestyle stay the same if you lose everything?

If the answer is NO, then you need to do something about it.

1) Reduce your risk. If you’re putting everything with the hope that everything will work out, you’re a gambler—a degenerate one. You might get away this time but on a long enough timeline, you will lose it all.

2) Have an exit plan. If shit hits the fan, where will you cut your loss? Live to fight another day. You can always come back again. But if you lose everything, it’s game over.

Stay solvent peeps!

Smoke more hopium on a Sunday evening.

Some hopium for the weekends, have a great one people!

Going long MSTR is like buying bitcoin with leverage.

But if that's not enough, there's a leveraged MSTR version now, MSTX.

Waiting for the day Warren Buffet adds BTC to his portfolio.

The track record of crypto influencers.

Not surprisingly the recent weakness has put many in the red.

If the bull market resumes, this could change fast.

(Fyi: Saylor at the top of the list followed by golden degen)

BTC decline since halving is now similar to that of the 2015-2017 halving bull market cycle (source: Peter Brandt)

Good morning to the ones still hanging on

Few data for panic people losing their mind:

BTC ETF approved
-20% from the day it was approved;
Took 12 days for the the -20% movement to be completed;
16 days of consolidation before explosion;
Then 90% up to it's first new ATH since 2021.

ETH ETF approved
-10% in 2 days, another potential 10% down to retest 2.800-2.900 area;
90% from 2.8K-2.9K is $5300 per ETH.

Although it could take a similar time frame, we recently had several countries including China with rate cuts.

FED speech coming August 1st and their rate cut decision.

Wouldn't be surprised to see ETH capitulation happening soon and a bullish August 1st pumping the market and running big towards October/November.

We also have Trump speaking on BTC Conference on the 27th which will clearly be bullish and MMs will take advantage to pump it overall market.

(Source: @giba_machado)

Tokenomics matters.

Ideally, you want to invest in projects that doesn't have a ton of token unlock because it increases supply.

And with more supply coming in, it's harder for price to go up.

The good thing about coins dropping 80% from my entry is I become numb.

Numb to further 10 to 20% daily drops because the size is now peanuts.