BREAKING: Ethereum just got its own MSTR moment 💥
They’re literally selling company stock to BUY $ETH
🚨 Half. A. Billion. Incoming.
🧱 Ultra-scarce
💨 Hyper-reactive to buy pressure
🔥 $80,000 is calling
Will you buy before the rocket leaves… or wave from the ground in disbelief? 🚀😬
SHOCKING 🤯
In 1948, this woman discovered a code to bend "reality" at will.
She used it for 30 years with 100% success rate.
Her answer?
A "4-letter code" that breaks the matrix: 🧵
$ETH $17K by OCTOBER
Blackrock said ETH ETF were underperforming due to no staking:
- SEC to approve Grayscale ETH staking ETF by 05/26
- SEC to approve Blackrock ETH options trading by 04/15
- Fidelity to launch US $ on ETH by 30/05
- $DRB on @base to solve US debt by 17/06
I round tripped 8 figures last cycle. A few things I learned:
- It’s almost always better to sell too early and miss out on gains, then to hold too long and round trip the bag. This is because eventually, almost everything trends to zero, so even your “early sell” is likely going to make you look like a genius in a few months/years
- If you ever take a PnL screenshot of how much you’re up, sell. You don’t have to sell your entire position, but it’s usually an excellent time to at least trim 20-50% of it.
- Most people on this app have absolutely no idea what they’re talking about. Often the loudest and most confident voices know the least, while the quiet and self questioning ones are full of wisdom.
- You can’t borrow conviction. If you buy something because someone else did or told you it was “a hidden gem”, you’re almost guaranteed to fumble the bag. They’ll dump on your head while you’re still anxiously waiting for their next tweet or YouTube video to tell you what to do.
- Stop trying to impress people. This is just good general life advice, but it applies triply so to this space. Wanting to impress your friends and family is one thing, wanted to impress random anons on the internet? Insanity.
- There’s Bitcoin, and then there’s everything else. It took me too long to truly realize this. Yes alts can and will occasionally outperform - sometimes for long stretches of time - but basically everything bleeds to Bitcoin over the long run.
- Most people try to outperform Bitcoin by trading these alts; probably leas than 5% of people can actually accomplish this. It’s like trying to outperform the S&P 500. Most people are better off just buying the index.
- This place has a way of warping your perspective to a level that is literally bordering on mental illness. Many of us refused to sell jpegs of a list of words for $50,000 last cycle because we thought “it’s undervalued”. Many otherwise smart people. You are not immune. Herd mentality is real, it takes *a lot* to swim against the current around here. You should try.
- Extending from that point, try and zoom out and also spend time with non-crypto people. 1 SOL or 0.08 ETH can seem like not significant amounts of money (unit bias is real), but add up how much that is per day or year and think what you could do with that money IRL. Also, most people are thrilled to earn a 10% return on their investments in a YEAR, and rightfully so. That’s a great return, crypto just warps everything.
- Compound interest is mind boggling powerful. You don’t need to find a 100x, you’re usually way better off stringing together a bunch of 2x plays or even compounding at 10-50% a year (do the math, do you have any idea how insane compound interest is at high %s over a bunch of years?)
- Put another way: “Most people overestimate what they can achieve in a year and underestimate what they can achieve in ten years.”
If you found this insightful, all I ask is that you drop a bookmark, share with a friend, and/or subscribe to my newsletter where I share a lot more 🙏
Cheers
ETH will be the king of the cycle once again.
@base announced "Flashblocks" - 200ms blocks - 2x faster than SOL.
Base TVL grew from 300m to 4b+ in 12 months and aiming to 250mgas/s by eoy.
@POTUS leaked reports show 50% of the US Crypto Reserve will be in $ETH
Based season
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