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FF2K’s shitcoin lesson for anyone who cares:
Fact 1:99% of shitcoins have trended down priced in #Bitcoin
since I’ve been in the space (3) years.
Fact 2: If #Bitcoin fails, every shitcoin fails.
Fact 3: No shitcoin has a long enough record to consider it a SOV
Fact 1:99% of shitcoins have trended down priced in #Bitcoin
since I’ve been in the space (3) years.Fact 2: If #Bitcoin
fails, every shitcoin fails.Fact 3: No shitcoin has a long enough record to consider it a SOV
Fact 4: Most shitcoins are not limited in supply.
Fact 5: If you or a majority of your peers can’t run a fully validating node, it’s centralized and you are trusting a 3rd party.
Fact 6: Unless you intend on holding said shitcoin long term (see fact 3) you will need to pay CG tax
Fact 5: If you or a majority of your peers can’t run a fully validating node, it’s centralized and you are trusting a 3rd party.
Fact 6: Unless you intend on holding said shitcoin long term (see fact 3) you will need to pay CG tax
Fact 7: When you consider Fact 1 and Fact 6, your success rate is less than 1/2%.
Fact 8: Shitcoins are very illiquid and can be pumped to distract you from the real value. #BTC
Fact 9: If someone is shilling said shitcoin, it’s probably because they have a position already
Fact 8: Shitcoins are very illiquid and can be pumped to distract you from the real value. #BTC
Fact 9: If someone is shilling said shitcoin, it’s probably because they have a position already
Fact 10: #Bitcoin is the layup investment of your lifetime, if you accumulate a position via DCA, you can build your long term savings with no taxable events.
Fact 11: You can gamble on anything, with a 1/2% success rate, you need better payout odds.
is the layup investment of your lifetime, if you accumulate a position via DCA, you can build your long term savings with no taxable events.Fact 11: You can gamble on anything, with a 1/2% success rate, you need better payout odds.
Fact 12: This is not a get rich quick scheme, you will need to invest 10,000 hours of your time to have enough conviction to block out the noise and HODL.
Good luck and if you need any help or have questions my DM’s are open.
Good luck and if you need any help or have questions my DM’s are open.
