Despite market bearishness and industry criticism, Dollar Cost Averaging (DCA) remains a viable long-term investment strategy for crypto, as historical patterns show that market cycles eventually produce positive outcomes, and contrarian investors who continue buying during downturns often benefit when the market eventually recovers.
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🪦 The END of the Crypto Industry?Añadido:
the end of the crypto industry. You know, friends, it's very hard being in crypto because a lot of these concepts of buy low, sell high, they kind of don't work because you've been waiting and waiting and waiting and waiting and you kind of hope that 6 months is enough. It's not enough. Then you wait one year, still not enough. Then it becomes two years and you think, don't worry, the four year cycle will save us.
Now we're on three years, still not enough. And here we are right now year five. How did we get to year five? We said well the great depression that was three years. So surely something good happens after 3 years.
Nope. Nothing good has happened. So what do you do friends? Well I am going to keep DCA buying. Okay we have the weekly bite every single week. I don't like doing it. Consider it like a page, a series that we can go back and look in the future when cryptos eventually higher. And everyone's going to come back and look at these periods of time.
They're going to look at you. Now, they'll be watching me, but they'll also be thinking about you. and they'll be checking out the comment sections and they'll checking out all the baby dolls here wondering why they didn't take this free money easy opportunity because they get to look at a chart and they just see the monthly candles going up not knowing how excruciatingly painful it was.
Besides, you have 1 million subscriber uh Anthony Pupliano who is literally calling for the end of the crypto industry. Now I want to show you this is from the the consensus uh uh the consensus meetup which it's actually quite funny friends. Let's just watch this. But people need to adjust their perspective to incorporate the reality of the current market. I'll leave you with a great example. As I walked into the consensus conference yesterday, there was a large booth and it was titled the crypto carnival. Take a look at this photo right here.
>> I just got to stop him right there. By the way, friends, you know, friends, I promise I'll do the sign across. When I saw this, I didn't think scam. I thought, "Oh my gosh, they've actually got something that looks fun." I genuinely thought that. Not thinking about altcoins, not thinking about the alt apocalypse, not thinking about how cucked we've been. I genuinely saw this and I thought, "Man, this looks like fun. What is going on in here?" If you see the other booths, friends, everyone looks like a nerd. Big glasses. There's always like they bring in an Asian girl.
She's like always really smart, but that's how they mix it up. They got to throw a girl in there somewhere. And it's always like a Tiffany Fong looking Asian girl, right? They're always pretty smart, but you know, there's always thrown in there. And then you just have a bunch of nerds and it's all boring and they use boring words like cryptographic elliptic curve, blockchain consensus.
Oh man, like just f some of you are going to be dating young women out there cuz you're a young chap. Okay, you're just these are the words. Just don't say them at the dinner table. Actually, don't even say them at dinner, lunch, breakfast for any reason. Don't text them. Just don't say these words, dude.
Okay.
She'll be drier than the desert.
Hey, you want to talk about elliptic curves?
This is a fun place. Let's continue.
Pupliano, we do not need more carnivals.
We do not need more nonsense. We are in a competition with the legacy financial firms that have a lot of money and very smart people. We need more people focused on building real things for real problems. Because if we don't see that happen, the industry's most talented people are going to move along to work on other technology. Boo. Boo. Boos.
That's right. I said it. Boo. Boo.
Uh, fant just seeing this giant peppy head. Isn't this cool, by the way? This is cool. Kind of misses the whole point.
Now, of course, Poopo just it's crazy just how he got to this period of time. Um, you know, actually he actually started the video by saying he made a big tweet which I covered for you as well when it came out. He goes, "Crypto industry is going to zero.
There's only room for Bitcoin and stable coins." And then the new stuff he says it's good for. Um, it's it's new equity pump and dump, you know, I'm going to come dump on you type of stuff. He doesn't say it like that. He actually does have his own pump and dump treasury which is down 87%.
Wild break. How can you go around and say crypto industry is going to zero whilst your stock treasury is down 87%.
Bro, just the irony, dude. The irony.
Oh, cuz you know why? You know, it's not a joke. They generally think because he has Bitcoin in the treasury that they're guaranteed to succeed.
You you sound like us 5 years ago. Yeah.
Oh, we've got yield. We've got use case.
Yeah. You sound exactly like us 5 years ago. But the problem is we have no leverage. We've been wiped out. We've actually got strong hands now. You need Michael Sailor to keep finding billions of dollars to push up the Ponzi. We don't need that. You know, we don't need that at all. I mean, look at the XRP community. They got attacked by the SEC.
They got delisted by Coinbase. They don't have a damn use case for their token at all. And they still came back.
Just giving you an example, friends.
It's funny. This is the only section.
So, Publiano, he did go out and he said, he goes, "Look, I made my tweet and then he rocked up the consensus and he said he's even more he's even more bearish now." He goes, "Because a lot of people came up to him and they said, um, they said to him, they go, "Hey, man. Uh, we don't like what you said.
Uh, how could you go and say crypto's going to zero?" So, he's thinking he's like massively contrarian. But, you know, I can understand, man. It's esoteric. You can't you can't just go, "Hey, I'm going to say something. If people talk to you, you can't think they're automatically wrong. It's not that easy.
But this was his thumbnail title, bro.
It's over dot Soy Doge XRP.
It's just you got understand the fans.
It's it's funny the the coins he's used, they get every facet, right? You get Soy Lana, which is actually chosen by the president. fast transactions. You know, that's funny. You have Doge backed by Elon, memecoin, and then you've got XRP, pure cult, and he's got them. Yeah. All gone to zero. You know, I don't think so, dude.
Cuz Vince, he doesn't see it. He thinks Bitcoin's got this mad utility. He doesn't. Where's the utility? What are you using Bitcoin for? What are you honestly? What are you using? I have Bitcoin, dude. I tell you, I don't do anything with it. I'm cheering Michael Sailor to find another $50 billion. What are you doing with your BTC? Nothing.
Okay. Now, just because you know these types of debating words and debating vibes, it's not enough to actually pump anything, friends. It's not enough to like, you know, necessarily guarantee an investment goes up or down, but it is just something to think about the timing of this. This is after 5 years saying, "Oh, I just figured out you guys are going to zero." And this is something you also have to wrestle with, friends.
I mean, like friends, they've given Michael Sailor the king emoji, the crown, brother. Oh, this is why friends.
I got to play some angel music for you.
They've given him the crown.
Read this from Patrick Bet David.
Michael Sailor is either going to be a trillionaire or he's going to go bust, man. Look, I hope the guy gets a trillionaire. You know what I mean?
Because we're a bit bag buyers by being in this freaking industry, right? This is funny. Ash replies, he seems to be high strong. Patrick Bet David needs to shut the f up and buy more Bitcoin.
Michael Sailor on Patrick Bet David.
Wow. So he's Oh man. Oh man. See you got to love the cult. It is cult dude. So for poopiano you listen to that bro if you understand this is Bitcoin maxi stuff. See these words. Yeah. Not use more Bitcoin not enhance your privacy.
Not find the use case. Use the use case.
Use it for payments. No no no no. It is just buy more.
Right. Just buy more. Bright light.
Funniest poop I ever heard. The first?
No. Maybe the second after Musk and Bizos. Can't fault someone ambitious in a sea of poop.
Man, you guys and your kindies make me laugh. I don't know. Are you guys real?
I think you guys are real, man. Because you don't you don't talk like AI. I can I can tell what AI is like. You guys have the perfect bite-sized thought to digest. It's actually very useful. A lot of you guys, friends, um, start tweeting your thoughts and stuff like that. We need more of this, right?
Leave the long form boring stuff to me.
Leave that to me. And it's very hard to make um like, you know, like a a cardboard box funny. But some of you friends, I really encourage it. Sharing your thoughts.
And speaking of thoughts, friends, I just I want you to remember why we're here. Cuz there's Richard Hart, he posted this earlier when it came out. Um Richard Hart, I have to call out all of you cowards out there. Privacy is a human right. And your forefathers died for the right for you to have privacy.
Some large portion of you don't give a fork. Okay? Some of you might actually give a spoon but not give a fork and are gross for it. Cowards, even worse, are those that actively work to destroy what your forefathers died for. So, privacy is a human right, friends. And I I I've accompanied my post here by saying Richie Hunt and Liberty Swap both share a theme of focusing and respecting privacy. And actually, Liberty Swap has actually chimed in here. So meme slayers I've got the most important reply of all. Mean slayer they both have their dongs out for HARAMBE MAN. You deserve it brother. I'm telling you that's exactly what I want to read.
Do you remember Harambe friends the gorilla right when they had to put the gorilla down and it became like a massive meme. Um, and then we had Peanut the squirrel after that. They euthanized the squirrel when we had It's funny. We made marts out of animals and like we're all cheering cuz I have so much empathy.
But it really is a memecoin supercycle.
We still remember it, right? They actually did mart these uh the these animals. But it's it's once again all tying into Anthony Publiano. You remember this stuff, dude. You do. But they never see value in it. You know what I mean? They'll never see value in it. But also, you got to think about not just them. You got to think about the next 1 million people coming in and then 100 million people coming in. I've already told you fans. You want to retire in Bitcoin? Do you have $800,000?
Do you? Cuz you know they're all cheating at 200k and I'm just going to hope they cheat at 200 and and it whips up to 350 or 400.
Right. Liberty Swap replying. I've learned from the best. Always follow Richard Hart's vision and keep building.
Here we have Mr. Hex Jam Hex.
>> We're just getting started.
>> We're just getting started, baby. Here we have Shim Shony as well. Here we had glut. Richard lost everyone's money.
He's a true coward. And I think this really speaks true to the sentiment right now. You have privacy focused tech. People still here down 99%. Okay.
So you have still people always thinking about, okay, it's all lost using the L word. It's lost. It's gone forever.
I don't friends, I don't have any answers, okay? Cuz I don't know the future, okay? I'll tell you what I'm doing. I'm going to continue DCA buying.
But you have to look at this. You evaluate yourself, dude. at you had every you had every day to sell for the past five years. We all did, okay? We all gambled on a higher. We all gambled on the world seeing value in our network effects. We never thought that we would be last when we are the new digital age.
We got mogged by AI.
We got mogged by gold and silver. So gold and silver are also networks. It's just they're analog networks. That's why it's like the great irony. Like AI was the bleeding edge network and then gold and silver is 5,000y old network. Yeah.
And then retail bought both. They bought Pokémon cards which is of course the bluest of blue chip networks. They did that, you know. So, and they're like, "Hey, where's crypto in any of this?" I don't have any answers, bro. I don't have any answers. I could tell you what I'm doing, though, cuz I don't know. I I'll give you 50,000 reasons business cycle up and down. Who gives you [ __ ] Doesn't control whether the price is going up or down tomorrow. Okay. Also, I could just give you some friendship some friendship words as well. I stick by this cuz I know it's true, dude.
Michael Sawyer is finding borrowed Ponzi money to artificially bid Bitcoin.
He is an irrational emotional player with respect to the crypto industry because he gives zero value to Ethereum and zero value to all the other altcoins.
So, it's just like you walk into a Ferrari dealer and you hate the color red, but all they've got is a one red and one blue Ferrari. Okay? And you hate the color red. You have to get the blue Ferrari.
So, maybe they say, "Hey, the red Ferrari will give it to you for literally $10,000." Said, "No, I hate the color red. I hate it red." That's what Michael Sailor's done. Maybe Ferrari is meant to be a million.
Michael Sailor sees a $10,000 Ferrari, he goes, "No, no, this is stupid. I'm I don't want to I don't I do not want a red Ferrari. I hate the color red. I need it to be blue." That's literally what he's done. Now, of course, I'm using almost a false equivalence because in his mind, he goes, "No, no, they're not both Ferraris. Bitcoin is the Ferrari." And he might say, "Etheium is a Toyota Corolla." Yeah, but that's Michael Sailor. What does the market think going forward in the next 5 years?
I want you to think about that, you know, cuz these people get these things wildly wrong, friends. Remember Michael Sailor said Ethereum will never get an ETF cuz it's not real money. He literally said that one month before the ETF actually launched in 2024. He said it will never ever ever get an ETF.
Okay, so these people get things monstrously wrong cuz they're bag biased as well. Bag bice. They just long their thing. So you got to think about the next 3 to four, 5 years, you know. Yeah, it's been tough. But hey, would he have told you to buy Pokémon cards 8 years ago? No. Who would have said buy Bitcoin? Everybody would have said buy Bitcoin. Well, you got mogged, bro. So, I'm just telling you these great big moments. They don't look like they're going to work precisely at the turning points. They never do. So, here we are hoping the world wakes up to crypto crypto being a redpool island. And this is just what I'm going to keep doing.
I'm going to keep DCA buying, you know.
Uh that's why I hope you do have an appreciation. We're totally self-aware, you know, cuz um there'll always be like a critic voice that will say, "Oh, sunk cost fallacy." I go, I will say, "Yeah, we know. I know.
some cost fallacy. Yeah, we've been here for so long. I'm just going to keep DCA buying anyway. You, you know, a lot of people get upset at that. Okay, it's funny for everyone, but there are there's always people get really upset because someone new, they always come in, they've been in markets for like less than one year. They always say, "Oh, you don't sound convincing." Okay, I've got my capital here. You don't sound convincing. I'm thinking, dude, I don't think you understand how this game works, bro. We don't need your $15. No one does. And guess what, dude? You can already see this in many charts.
Dogecoin does literally nothing. It still got to 90 billion market cap while doing nothing. Do you know how many people you weren't here in 2021, friends? We were here. Every single person kept tweeting about and making daily videos about how Dogecoin is a pump and dump with no use case. Every time it went up after Elon talked about it, okay, that was all over. the whole way. It went from 40 million market cap, then 400 million, then hit 1 billion, and everyone said it's way too high.
They go, "This is a billion dollars for a stupid joke with no use case."
Then it went to 10 billion. You want to know what happened at 10 billion? Mia Khalifa, your favorite librarian, she bought in. And everyone called this stupid. I'm going to show it to you on the chart. I know you don't believe me.
Mia Khalifa, your favorite librarian, bought Dogecoin right here. There it is. Feb 2021, she bought Dogecoin right here.
And the funniest part is she said, "I bought the dog stocks."
Everyone thought, you know, this your fence, I'm not joking. People were saying, "Oh, what? Watch out. The girl who sucks bananas on camera has bought into a cryptocoin. It's going to go down now."
You want to know what happened next? All right, they got mogged. Instead of going down, it went ante down. Actually, it went up 12x.
Telling your friends, these people, they don't know anything, okay? And you can only see, but by the time you realize it's just too late, dude. It's too late.
Okay? If you're talking about dojo 65 cents, you know, would have been even better. Uh, if you were buying it in 2020 when there was a world flesh-eating zombie virus, you know, that's the catch 2022. No one would have looked at you then. No one's taking you seriously.
That's why we're probably in this moment where everyone's saying, "Oh, why would you look at crypto? No narrative can make it go up." You know, Trump has pumped and dumped it. Bitcoin's trash.
No use case. Ethereum, Vitalic drink, soy, right? There's all these coins.
Pump fund, celeb token trash, everything's a rug. You know, AI is cool. Gold and silver are cool. Buying the top of oil stocks, that's also cool.
Let's listen to all the soy boy bear messiahs who tell us to sell Bitcoin and altcoins and leave. Let's listen to Anthony Pupliano who's saying the crypto industry is dead. Pokémon cards, they'll never come down. That is what the prevailing voice is saying right now. No one is saying to sell all of those and come into altcoins.
That's precisely why I like DCA buying.
I don't know when moon, but I do know sometime in the future there will be a moon.
Hopefully we're still alive. Like, subscribe. Patition.
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