1/ Okay enough shitposting from me for today so here's some friendly advice for my Etherean friends.

What you are feeling right now watching the ETH/BTC ratio fall is exactly what many Bitcoiners felt during DeFi summer.

I know that it sucks but this is what markets do.

2/ Markets are cyclical - they will make you feel like shit and beat you until you capitulate.

And then they will beat you some more because fuck you.

And then when you're finally on your last legs, it will give you some hope and then beat you again.

3/ Your job is to figure out how much risk (read: beatings) you are comfortable with taking and how long you want to be in that risky position.

No one builds life-changing wealth by playing it safe - you play it safe only when you want to *preserve* wealth.

4/ The above is not meant to be financial advice so please don't take it as that!

I just wanted to offer some words of support as I'm seeing a lot of sadness on Twitter today and I felt like I needed to say something.

5/ Inb4 "have fun staying poor" and "cope" comments.

I'm an ETH perma bull and always will be - my thesis on it hasn't changed in 2-3 years and Ethereum has had an amazing 2020 regardless of the ratio.

Remember: markets are not efficient and nothing is ever "priced in".