You have the same behaviour as everybody else 😀 We all moved out the risk curve. You now recommend and buy alts (regardless it’s 2 it’s still a move away from your BTC only stance). All the BTC maxis from 2020-21 have also bought alts.
Those of us in alts in 2020-21 have moved into shitcoins, memes. It’s a dirty, dirty place out here man lol. A Total scam.
I expect around 500k shitcoins will be available in 2025 and is why I believe this is how the shitcoin space dies. It dilutes faster than funds coming in. Already seen it happening, so many rugpulls and failed launches.
If I am right about the US repegging the USD in 2026, perhaps this is the narrative to trigger a huge bullrun in 2025? I am open to ideas.
On a side note Grayscale has changed the ETF fees, therefore the punishment of Barry has now stopped. It cost him 50% of his holdings to keep out of jail 😬 I never know the story but 76k and I assume some dickhead ruins it for us and yes indeed, Barry fucked all of us 😂
Not really. First of all, nothing I buy is an "alt" to Bitcoin. Sol, for example, I see as an alt to ETH. And FIL I see as an alt to the cloud storage services provided by Amazon, MSFT, and Google. And Uniswap I se as a alt to some types of financial and trading services. But none do I buy as an alt to BTC.
Second, the amount of non-BTC crypto is tiny. Less than 2.55% of my BTC holdings.
Also, these investments I have, are all with a long term hodl in mind (as I believe in the underlying long term upside). I don't buy in the hope of making a quick alt-gain to use to ultimately accumulate more BTC.
So I don't see any of what I do as being inconsistent with the BTC maxi philosophy, just like me being a BTC maxi does no stop me buying gold, property, or stocks.
Your point about shitcoins is the reason why I never partake. When you pay money something with no fundamental value and with infinite supply, you will be allowing yourself to get scammed by an inevitable the infinite dilution of shitcoinery, all eventually falling to almost zero. Every time, lessons are learned. And everytime, new shitcoiners (and sometimes prior ones who have not learned their lesson), return. If we all focussed our monetary energy solely into BTC, we would all collectively be so much better off. Over time, this is what will happen to a much greater extent - but it sometimes takes people being burned directly before they learn their lesson.
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