- Mar 6, 2016
I'm just more afraid of the macro economy. It's ridiculous that BTC is not being treated as an inflation hedge if we look at how the market reacts to the FED's announcements.I wish I knew...
From what I am reading, it looks like there are still many regulatory challenges. If the demand is there but can't be met because of SEC, who knows? My thinking is like this, rules:
#1 - survive the downs (never leverage, be prepared to be wrong!)
#2 - most of the "crypto" portfolio into BTC/ETH because of market dominance
#3 - DYOR for anything L1, L2 Alts, DeDi, DAOs and only when you feel like you get the big value prop, invest. Otherwise be on guard for FOMO.
And have fun with the little stuff, like NFTs, chat with people in the space, learn ...
edit: anecdotally, I see more of my normie friends use their tax sheltered (Canadian thing - RRSPs) to invest in Bitcoin ETFs. One took his entire stock portfolio, liquidated and moved to BTC. I don't have that kind of conviction or balls, but it's interesting to see.
Is it this time different and we won't see a big crash? Is 40k the bottom for the coming years? Very hard to guess.
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