Hodl Your Shit!

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Hey hey, I saved the world today
Everybody's happy now
The bad things gone away.
And everybody's happy now,
The good thing's here to stay.
Please let it stay!
Eurythmix (1999)

Well, it seems the looming gloom is pretty much over for now, the crypto-analysts are happy again! Jolly good then.

Sometimes I think about why the analysts write the way they write. So far I could find only one explanation: because they're paid per word and not per profit. In other words, the analysts are paid for writing something, and that something must "onboard" new readers. On the other hand, people mostly love to listen to what they want to hear. It's certainly good if an analyst makes a smart analysis that helps people to make profits, but overall, a "smart analysis" not a necessary requirement. Most of the analyses will be forgotten in a week, anyway.

So, what now?

Personally, I believe now we're going up -- BTC is heading to 100K and shitcoins will outperform BTC in this run. In other words, it looks like an "altseason", a good time to buy any shit, because a big tide pumps pretty much all shit. I'd even say, the shittier the shit is, the higher it can be pumped.

Again, BTC can still range in 50k-s for a while, but overall it's up! Hodl your shit tight and let it pump!!!!1

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Needless to say, that the above is not "a financial advice". I hope my readers are not so dumb as to blindly take any shit written on the internets as "a free financial advice". Besides, as usual, I have nothing to back my words, no stats, no charts, no Fibonacci levels, etc. My words are a gut-feeling-based gambler's bet (indeed, my guts do have reasons to feel like that, but I will not go into details now). However, my personal money is pretty much where my mouth is -- I hodl a good bag (in relative figures, not in abs USD value) of shit myself.

And I'm going to dump my shit bit by bit on the way up. Because I believe BTC will not reach 100K this time and the coming pump will be the last pump of the current bull run. I believe in Mr. Taleb's "black swans", a shit that happens so rarely that it's impossible to estimate its probability mathematically. Sometimes I even think about "reverse black swans", so to say -- some shit will happen for 100% sure, we just can't predict when exactly and what exactly the shit it will be.

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3 comments
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If Bitcoin goes to $100,000 altcoins will just go nuts. It would be neat to see that happen for sure.

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@tbnfl4sun many people have invested on altcoins,seeing bitcoin reach that price will make alot of investors become wealthier and that will be a great news for alot of people who have invested on altcoins and even bitcoin too..it will be exciting times....

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