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Huge candle on BTC, congrats to all the holders & believers on the $100k and new ATH just now!

There’s not much that could convince me to sell my BTC at this stage. It’s a generational asset class, it should be a part of every sensible persons financial setup. I think it has a few more Pops in it too, been saying $150k this cycle but think higher now. The game has changed since the Republicans got voted in. Not to mention Blackrock and the ETFs. In my mind, FTX was an inside job to crash the market, destroy retail and provide an entry point for the big boys.

At some stage I expect BTC to become less cyclical, but I think that will be when it’s valued much higher still than here.

Within 5 to 10 years BTC will be a significant treasury asset to the largest countries and companies world over. I don’t think the snowball effect of what’s happened this last little while is accounted for.

****ing stoked to have been able to cash some out for property and still keep some chips on the table!
IKR.

The Milne bounce in 2010 was controlled by Demetriou, too.
 
u got to pay CGT on your profit?

Always good to liquidate worthless shitcoins and NFTs the same financial year as gains. In fact, I have been keeping some for this purpose LOL.
 

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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?

Often have the same thought. However you’ve literally got 14 year olds gambling memecoins on Solana with their parents blessing too. Game changes fast. Never more vital to know your edge (or lack thereof). Pretty glad I’ve been 100% BTC for quite some time now. Apart from a small liquid play wallet (currently down bad)
 
I've been slowly just taking small bits of profit from the recent boom, still want to maintain a long term position but getting some profit just in case things go south again for a while if there's another crash cycle.

My overall portfolio is up 109.3% since I started investing
 

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