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Minimal leverage too, mostly spot buying

How much silver is it? Imagine the cost of melting down and pouring is going to eat up any discount you may have received when bought. Maybe hold onto it and look for other deals like that on sliver items then melt down in bulk at a later date. No rush if you are planning on holding it. I do...

Brutal, had something similar happen to me my first cycle in 20I7 but with neo, walton and a few others. It is something everyone almost everyone goes through. Agree with your sentiment, most of this stuff is at best a trade.

Thanks!

The real parabolic gains seem to come from new coins getting their first cycle, something VC back with some of the who's who and ride whatever the new hype narrative is probably a safer play. Ex. defi, meme, NFT's, AI, gaming, eth killers in the past. If you know of any please share, I am open...

Start your own thing on the side until you can go at full time. If it is viable, it is infinitely less soul sucking. Even when I made next to nothing the first few years of my business I was so much more fulfilled and happy than working in the corporate world. I made pretty good money too, hated...

The parabolic price action is what usually draws people in, this is also the worst time to buy lol The vast majority has their first experience during a bull market then like you said, get dumped on their heads. Even Eth went down around 95% I believe from the 2017/18 peak. Most coins get one...

I did not realize you had that much experience, usually just give my disclaimer to new people coming in but most usually have to learn the hard way. Easy to feel like a genius when the price action is supporting your assumptions. I have made a lot of money with some alts too, also lost a lot on...

You can definately make money with them, I would just bet the percentage who actually do and out perform BTC over a 4yr period is very low, even worse if you are new. Probably less than 5%. If it is someone's first cycle I can almost guarantee they get wrecked then washed out and disappear...

I would just humbly suggest keep a healthy percentage in BTC and do not touch it. It is probably the best risk adjusted asymmetrical bet in our lifetime and the the decentralized aspect is what really matters in all of this. Decentralized, permissionless set rule value is the real innovation...

Got to pay the cost to be the boss and do whatever it takes

Imagine we will have waves of inflation over this decade like they did in the 70's with extended periods of time where it feels like it has been defeated then comes back. I do not think they have the resolve to stick with higher rates for extended periods. A lot of people do not realize that...

What has bitcoin done in that timeframe with significantly less risk? Dog and meme coins have performed well, does that make them good investments you would recommend or just a trade? In markets today, short term price action has little to do with long term value or viability. Everything I said...

You have to learn to be able to take critical feedback without having an emotional response and going nuclear, especially if you are going to be working for someone else but really this applies to everything. EVERYONE has things they need to tighten up and work on especially when you are young...

Oh yeah, if you Bitcoin/crypto teaches you anything, almost always pays to be patient. Any time you get that emotional gut reaction to either fomo in or sell, probably a good time to think about doing the opposite. It is like other markets on steroids.

Right, seems like anytime there is an obvious play it does not happen or at least on the timeline people expect. Tend to agree that there is something that will derail the hopes and dreams of retail lol

Agree with this, always good to try and understand the big picture and having macro data points/understanding helps you make the micro decisions in your life. Vast majority should should go the safe route. Most do not have the aptitude, commitment, experience, time, risk appetite and discipline...

I just ignore all the bonehead moves I made in 2017/18 when thinking what some of that would be worth today if I put it to where I should lol It's all a part of the process though and consider it tuition. I think pretty much everyone falls for the 1000x alt coin dreams at first, just too...

This is the right way to play it, usually only happens after someone has been through at least one 4yr cycle. Let the market come to you and just add at good opportunities, not chasing any and everything. I only added at the teens and low 20s, i'm good with not adding anything anymore though...

Do those quantum capabilities not apply to the other side of to those defending their systems though software/encryption etc and their abilities to do so? Also, who has access to the latest and greatest cutting edge tech? Genuinely asking