crypto watchlist
Thanks Genba!!! I really enjoy your posts about crypto and I'm excited to see what happens.
(09-07-2021, 09:59 PM)genba Wrote: might sound weird, but this past day's pullback is a really good sign goin forward.

You're absolutely right. I'm eyeing a nice entry for some more Quant and ETH.
i am expecting crab market until the 16th or so, maybe a day or two before.

then begins the climb of crypto... and the fall of the corporations.

i've been complaining about block time, chain congestion, and gas fees on ETH for like 3 years now. Solana really catches my eye cus it's so fucking fast and cheap to do things. i have longterm concerns regarding chain bloat due to them allowing jackasses like me to shitpost to their chain for cheap. it's going to collect a LOT of garbage. transactions are seriously fucking fast though, like send from your wallet to browser plugin and it's there before you can even click to it. that's the kinda shit global use needs, almost becoming like http protocols.
Bitcoin 15k by mid dec.


It doesn't matter if it is.

We've seen it all before.

But I don't think that's accurate.

Regardless, just doesn't matter.
I'm jaded AF...

Crypto is an inherent rollercoaster ride and once you live through a few hardcore cycles of it, you learn to put down the portfolio and let it collect dust until you hear something exciting.
At one point I spent a whole year not paying one damn bit of attention to it...

My portfolio plunged to a staggering, disturbing low...

Then it came back up.


Since that experience (perspective), I've understood the name of the game.

People need to relax...

But they also need to avoid investing any money they care to lose.

If it's gonna fuck your mind/life up that much to see your portfolio plummet with the ride?

You couldn't afford to make that investment in the first place.

Be smart. Don't invest anything you can't stand to lose.
It's funny to think about those moments, those markers in time...

Such a strange age we live in. Life is so weird.

I remember where I was standing when I realized if my portfolio dropped much lower, it would be 'worthless'.

It was exactly the same place I was standing months before that when I couldn't believe how high those numbers were, and I felt like a million bucks.

I remember gleefully buying one CryptoKitty after the other in 2017/18 when they were exciting and new, for prices unheard of today. I remember the exact amount of my original investments in them after I had decided over the course of a week or so that I'd "done enough damage"... and now I think about that number and shake my head at what an absolute dream this whole crypto world really is.

It's a little bit too heavenly to be true... I guess that back and forth of plunging and rising kind of makes up for how great it is though. If you didn't have patience, or some level of chill, it certainly wouldn't be a fun experience though. So in that way, I do find it best to caution folks about it.

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