Imagine this is actually the bottom and BTC goes to $500k And instead of buying the bottom CT was busy chasing the latest influencer pump and dump Might work out for some, won't work for the majority We'd all be better off without these distractions

When you cut a winner to chase after greener pastures, a lot of the time you're cutting a higher conviction position. You believe in it, but want exposure to this other coin because you think it'll go up for a bit, and then you can sell the new coin and buy back more of the high conviction bag! Boom, you buy the shiny new coin and it does a 2X while your old one is down 5%. You feel like a genius, but you're pissed you didn't buy more of the new coin. So you sell a bigger chunk of what was your higher conviction bag and buy more of the new coin. The new coin is up another 20% and your old bag is down another 10%. You *are* a genius. until... you go to sleep and all of a sudden the new coin is down 40%, but that doesn't matter because you're still up a bit! and your old "high conviction" bag is now up 15% on the day... perfect you think you can sell a bit of the slow, old bag and ape the dip on the new one because dips are for buying and it'll surely keep outperforming! you've now exited more than half of the OG bag you meant to stack more of originally the new coin slowly bleeds over the next few days back to just beneath your initial entry, and the OG coin is now up another few %... so the OG one is basically still breakeven but here's the mental aspect of it! you know that you can't exit the new one that's down at a loss... your initial goal was to OUTPERFORM, so you just decide to full stack the OG bag and ape fully into the new coin that'll buy you some time because it puts sell pressure on the OG and helps boost your new bag! but... the new one just keeps bleeding... it's been another week, and it's now down 70%. the OG bag you sold? it's up 20%... nothing sexy, but you now have only 25% of the USD you would have had if you would have just held.... NOW YOU HAVE TO MAKE IT BACK You feel like you've been rugged on the new one (you most likely have), so you cut it and full stack this other coin you see pumping because you *need* to just pull a quick 4x (lol) to catch back up and then you'll gladly sell it and buy back the OG high conviction bag. but the new, new one you buy immediately loses 50%. WTF Do you sell? You can't buy more because you have no more capital do to that with... No, it has to come back. But it doesn't. It bleeds until you're down 80%... Meanwhile, the OG one goes up another 10%... You now have LESS THAN 5% OF THE USD YOU WOULD HAVE HAD IF YOU WOULD HAVE JUST HELD. You shredded yourself to pieces because you got greedy. You just take the USD you have left, deposit it in the bank, and you quit. Over the next few weeks, the OG high conviction bag you originally believed in pulls a 20X. You hate everything about crypto. The world is a scam, and it's out to get *YOU*. You don't take accountability. You don't learn anything. You're stuck in the poverty cycle forever.

🇳🇱 NETHERLANDS MOVES TO TAX UNREALIZED BITCOIN GAINS IN SELF-CUSTODY Under the Netherlands’ proposed 2028 Box 3 tax system, crypto held in your own wallet would be taxed annually on gains, even if you never sell. But crypto investments held through a bank or regular investment account would generally be taxed when gains are realized. The proposal has passed the Dutch House but still requires Senate approval before becoming law. H/t @cryptaxpt

Honest truth is I put $1,000 into an anon account and in my mind I was like ‘I’m gonna run this up trading memecoins and then do a big reveal when I’m at like 7 figures and be like “haha, look guys, I can trade!”’ I actually just doubled it first day then proceeded to shred the entire balance over a few weeks down to $2.

Always a strong desire on ct to anoint “the coins of the cycle” early on. Sometimes they can be correct such as with hype, however often times people are simply extrapolating a FOTM trend and anchoring their bias to what is merely a current outperformer. If we really are heading into another cycle, remember that new narratives get spun up numerous times. It is usually a good strategy to ignore 99% of old coins and focus on the new. However this zec rally has everyone who was previously Stockholmed in chronic underperformers believing their coin may be next to pull a zec. Rather unlikely and much lower ev than playing in new fields with new narratives as they come. Also a reminder to myself, as most things I post are

Zidelined?

SMOLTING PLUSH PREORDERS ARE LIVE Get yours while they last 👇 wassie-store.myshopify.com/

So basically we just have to send the only protocols anyone actually use down by 90% just to prop up the value of something rarely anyone use?

Name one thing you could fit inside this bag: