OT- Bitcoin
- Thread starter redwine65
- Start date
The fundamentals are:
1. It's volatile - You can make money on it pretty quickly if you have brass balls.
2. Overall crypto has a cycle now for 15 years following BTC.
3. Every time some anti crypto guy says it's gonna die and is trash it seems to punk him and bust through the ceiling to new highs.
4. There are two kinds of people - Those who wish they would have bought some and those who regret selling it too soon.
Avax price seemed to stall when genzler went after them...before that it was booming , cause of deals with google type companies...now that genzler is gone I'm guessing the case drops..thus the rise back up to break even levels..(I was in a hole on that too) I think I'll hold because genzler is gone and it's starting to go green...thats just what I could make of the whole thing
I have like 85 different alts now...lately I just threw down a lil money in small alts like kambria, tower and ufo to buy at the bottom...
some say the next 80 days will see alot of action
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Yes trades beta to SOL by a long shot and has been doing so all cycle. More volatile both ways, but long terms performance will be better
SOL pry has another 4x in it
WIF/BONK pry a 10-20x left. These will be memecoins that hedge funds, etc will buy that are Solana based.
SOL is the ETH of this cycle. ETH had Doge/Shib last cycle which ran to like $80 billion and I think like $40 billion MC, respectively.
SOL has WIF and BONK as leading memecoins. Both sitting around $3.5 billion MC at the moment.
This cycle is also going to be bigger. $8-$12 Trillion total MC compared to think it was like $3-$5 trillion range last cycle
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It will go up by quite a bit and I’m a big fan. With ETH running now we are just now beginning alt season when they start running like crazy.
A lot of the Web3 games coming out (Off the Grid the one I’m most excited about) were developed on AVAX, and it has other real world use cases.
Hold until at least middle of 2025 and probably start taking profits at that time. Personally I think we go to end of 2025, but you can’t predict exact timing, but can be directionally correct with macro = crypto.
Keep eye on global liquidity and listen to Real Vision for when the cycle is getting close to the top.
You think wif could get up to $40? Interesting. Thanks for the info.
Crazy BTC was under $50k just 4 months ago
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