Bitcoin is sitting at a new all-time high of just over $108,000, and CT has come alive like never before. Everyone "knew the pump was coming."
Everyone except Capo, a famous trader on Twitter who completely botched his predictions this cycle.I kinda fucked up my predictions too, but at least I’m not a public figure in this community.
Some folks who’ve gotten overly bullish lately are acting like 12-year-olds, which makes me seriously consider starting my DCA out of the market in the coming months.
That kind of attitude from these guys screams top signal to me.One dude was saying the other day that crypto is starting to feel fun now that BTC hit a new ATH. What the fuck is fun about that? I don’t find shit fun about crypto. I’m just in this for the money, nothing else.
I used to believe in decentralization and some kind of disruption crypto was supposed to spark, but it’s been nothing but a Trojan horse. Crypto hasn’t disrupted jack shit. On the contrary, the biggest holders of BTC—and probably ETH too—are institutions.What the heck…
I used to dismiss the folks who only cared about number go up or down, just looking to ride the market’s volatility and nothing more, but I’ve changed my tune. At the end of the day, fundamentals and all the principles some of us believed in for years don’t mean shit.
Fiat money is still the only real money in the world, and buying AI coins in 2023 or meme coins in 2024—worthless in terms of fundamentals—would’ve been a killer bet. I had OCEAN, AGIX, and FET scribbled on a piece of paper as investment opportunities, sitting on my desk for weeks.
I didn’t buy any because I was anti-AI at the time and all “pro-human.” Those shitcoins could’ve made bank, and so could’ve memes. Funny how, after eight years in crypto, I still haven’t made it, and the odds look grim for the coming months.
Haven’t capitulated yet, but my hopes for life-changing money from this market are razor-thin. Crypto isn’t fun. It’s just there to make us more dollars or sats, but it’s not fun at all. At least not for me. It doesn’t do shit, doesn’t solve shit, and you can’t do fun things with it.Who knows, maybe I’ll do better next cycle.
Bitcoin’s already over $100,000, and most of my alts are scraping gutter levels, so hopes for life-changing money are slim to none. Have a great day, and I’ll catch you next time.
Thanks for your attention,
Adrian