My intern take on this: If your business model is built entirely around extracting value from your customers, eventually your only way to grow is by finding new ones. But when those new customers keep losing money, you’re fighting an uphill battle. You’re constantly replacing the people you’ve already burned. This isn’t even a crypto issue. It’s just common sense business.
BTC dipped below $80K and suddenly every one on CT is a macro senior crypto analyst and calling for $60K. Meanwhile, prediction markets putting 75k at 20% and 85k at 26%. Everyone is an analyst when its just opinions on the line. If your guru isn’t risking his own money, follow someone who does.
ZEC being down 11% since Wednesday. While, $50M just flowed into the Zcash ETF in 3 days shows how bipolar the industry. Are we getting an insane entry or becoming generational exit liquidity?
When bitcoin:native to 7 figures?
Save this cuz I’m about to give you 930+ hours of chart screen time in under 30 seconds. You don’t need to catch every move or coin that runs. Learn to watch a green candle send without you. That skill alone will save your bankroll. There’s always another 10x, another narrative, another opportunity. But there’s NOT unlimited capital. The only trades you should regret missing are the ones where your emotions stopped you from executing your setup. Not the ones your technicals told you to avoid. Learn the difference.
Most of you will get offended but oh well. 90% of you in CT trying to trench dont want financial freedom. You want to turn $2K into $2M without learning anything about markets, risk or valuation. And the industry knows exactly how to monetize that dream. Enjoy your ride to the bottom or put in the time to learn.
I thought everyone on CT was a profitable trader. Never seen so many self-proclaimed money printers this excited about a project that pays you to lose trades.
Happy 10/10 to anyone who was short last year.