I almost think it would have been better if crypto had just stayed under the radar. It's too corporate now. I'm starting to question if we will ever see the $250K high people think is down the road. If I had it to do all over again, I'd probably go into a trade versus college. Plumbing or Electrician, HVAC Technician, welder, etc.
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It's too corporate for sure and with operation chokepoint and operation chokepoint 2.0 they try to jam people into using the centralized exchanges which are like bank accounts and make other avenues extremely difficult.
That's part of the reason I had so much fun on FOMO there for a bit. It felt like old times but I knew it wasn't going to last long.
I feel like the people that went into the trades or had some business around that caught a win fall for a quick minute but I personally feel like it's getting oversaturated for how much work there is out there in most places. You can spend a lot of time doing free bids.
Also it can be dangerous and beat your body up for no status gain.
That may not seem to matter to most people but it depends what their situation is.
If we weren't in some computer related field we probably wouldn't have understood crypto as fast.
Crypto for sure allowed me to be more flexible, get my rest, and have the freedom to travel around.
Crypto hasn't really done that for me yet...
Yeah, i get what you are saying. I'm going to have to get a lot more aggressive with it to give similar results. Which I already did have to go that route. In the past I wasn't really trenching around for Sub $1 Million marketcap projects.
Then wasn't doing leveraged shorts. Now I was almost getting annoyed that more leverage wasn't allowed on Kalshi.
Part of me feels I should have got on BitMEX and ByBit and hit the leverage scene way earlier but it's always hard to know how much risk to take on. We have seen a lot of people get torched.
I feel like I should have just invested everything into BTC and taken a nap.
There are certainly moves I made that I wish I did different in some respect but also there are bills and all this other BS in the real world to take care of. I consult with a guy who is 70 now and I got him into crypto in 2014 and the fact that he had all these other businesses established he was just able to buy a sizeable stack at various times and it really paid off but in fairly short conversations he was able to just summarize these projects that had a lot of runway and just buy what I was saying and just set it and forget it and focus on his other businesses. Then when things pop off he kind of looks at it again.
In 2015 there was a Bitcoin whale in Tucson and we had a Bitcoin meetup and he was a Bitcoin Maxi at that time and I asked him if he was into any other projects like Ethereum and he said he wasn't and, "I'm looking at the bigger picture."
I personally thought that was risky just to have all his eggs in one basket from a code perspective but as of right now that would have played out well for him because he would have gotten all those forks and Bitcoin has remained on top currently.
It's always hard to fully know.
With the amounts I had in at various times I felt like I had to get riskier and fortunately I hit some serious bangers with DOGE, BNB, CAKE, and many others. This last cycle wasn't fun and getting on FOMO this fall was the most fun I had in years in crypto.
GTA6 Memecoins are jumping on there right now because we are 1 week away from release but they are all fighting for supremacy so people are getting crushed if they pick the wrong ones.
I might reenter the trenches with $200 but in a lot of ways it's not a good time when the broader market is getting pulled down and all the Nvidia CEOs girlfriends are coming out of the woodwork.
Yeah, I used to make fun of the BTC Maxi's, but they are looking pretty smart right about now.
It's all timing. Michael Saylor is upside down on his Bitcoin play. So is he smarter than us for being a maxi or just has access to more money?
Someone could have went heavy 5 years ago in Nov 2021 on Bitcoin and barely be up today and completely lost to inflation.
This game isn't easy that's for sure.
I think what is toughest about it is even if you are a superior trader you often don't get the credit for it because the majority of people took the losing side of the trade so they resent you or they attribute what has happened to some other event.
For instance my Bull Trap thesis turns out to be right but I know how people think. They will take the credit away from me and then say WELLLLLLLL..... it was because Binance got hacked or NVidia's CEO fucked a Spy so Brian just had a lucky guess with his antics.