What's Up, Everyone!?
We just entered this huge hype cycle a few short years ago and are now hearing all about it! People are making a lot of money on extremely speculative plays and it is causing more and more people to fall for the hype and enter risky bets.
In today's podcast, I will discuss these important topics:
- Terra Luna experienced losing all my money
- Being in crypto to make a quick buck
- Office normies being up several hundred percent on certain investments
- Certain people investing heavily in altcoin and meme-coin garbage
- Casino metaphor and losing big money gambling
- Influencers, pumpers, and chillers posting about certain coins
- Rugs being played out in real life and CSR being found out not to be Satoshi by the court of law
- A culture of clouting things we don't own
- Bitcoiners touting ETFs being good for Bitcoin when in reality it is open for government capture in the next couple of years
- Understanding why we are in Bitcoin, and remaining level-headed with investments
- High-time preference behavior, sky-high prices in everything - and individuals trying to eke out small gains as things are breaking
- My History losing all my own money trading alts
What are your thoughts on meme coins, alts, and these speculative plays? Do you think we will see more regulation in this space soon, or do you think we are past all this?
Best Regards,
Bitcoin Buys: https://invite.strike.me/2MSTYG
Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment.
Youtube: SatsMate
X: SatsMate
Instagram: SatsMates
website: https://satsmate.wordpress.com/