Cryptocurrency mega-thread

[Yellow Feathers]

Bitcoin at ATH and this thread is dead. How many people are balls deep in alts?
Lucky my main position is BTC after learning a lot of lessons since 2017.

 

[Bostonian]

A man of culture. I own Dog and Billion Dollar Cat

I've never been accused of that before!

DOG, Brett and MOG for me.

 

[Bostonian]

Bitcoin at ATH and this thread is dead. How many people are balls deep in alts?
Lucky my main position is BTC after learning a lot of lessons since 2017.

It's starting to ramp up a bit for retail in terms of search results data. They are starting to return.

Which is why some of the older past cycle coins have started moving again.

 

[evolved2]

I don’t follow the space like I did 2/3 years ago because basically I’m down, though I keep one eye on my major holdings.

On the subject of retail, and this is just my thoughts, where would they come from?

A lot of previous ‘retail’ would have left the game, as they’re the bunnies the smarter people in the space make money off.

2020-2021 had Covid and people splashing money.

2023-2024 inflation has wrecked ‘retail’ spending because everyone is paying for worldwide shutdowns…. In one way or another.

So my question is, who are the new lambs to the slaughter… or retail if you prefer.

Who is young and cashed up and dumb enough to make retail a thing again?

The game and players remain the same. It's just another cycle.

 

[Angus Young]

Alts will have their time after the king does it´s thing.

 

[evolved2]

Bitcoin at ATH and this thread is dead. How many people are balls deep in alts?
Lucky my main position is BTC after learning a lot of lessons since 2017.

There is no second best.

 

[Yellow Feathers]

Alts will have their time after the king does it´s thing.

The game and players remain the same. It's just another cycle.

We now have a Bitcoin ETF. Institutions are buying Bitcoin. Governments are holding Bitcoin on their balance sheets. You have a US president that is pro-Bitcoin.

None of these players are buying ETH and shitcoins. They just aren't. I agree that Alts will run late in the cycle, but that will be retail driven. What we're seeing now in BTC is bigger than retail.

 

[Bostonian]

We now have a Bitcoin ETF. Institutions are buying Bitcoin. Governments are holding Bitcoin on their balance sheets. You have a US president that is pro-Bitcoin.

None of these players are buying ETH and shitcoins. They just aren't. I agree that Alts will run late in the cycle, but that will be retail driven. What we're seeing now in BTC is bigger than retail.

The crypto whales and VCs will start the alt run.

People forget about their influence with all the Government and institutional money now flowing into the BTC market taking the spotlight.

They will be the ones more likely to pivot out of BTC earlier and into the Alts.

 

[MSB ROYS]

Seeds you did it again


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You posted this just after I got a lecture on morals and crypto. Good times.

 

[MSB ROYS]

Bitcoin at ATH and this thread is dead. How many people are balls deep in alts?
Lucky my main position is BTC after learning a lot of lessons since 2017.

Except for DOT and SOL, I converted other alts into ETH/BTC earlier this year. Other newer alts and shitcoins usually result in me being exit liquidity, so I have nothing to do with them anymore LOL.