Sunday, May 2, 2021

WAGMI, but probably not you

*This* is the real long-term case for Crypto.

Not if you can buy your Starbucks or caipng using BTC - which by the way, is pretty fucking retarded, but if that is your counter-argument, congratulations on attaining your NGMI accreditation.

If you think about your investments based on cashflows, dividends and growth, but you don't take into account the money printing, congratulations on attaining your HFSP accreditation.

Of course, if you are in the tradfi space as a finblogger or banker bro, congratulations because you're automatically conferred the dual NGMI HFSP accreditation based on your profile!


Global warming, environment concerns? NGMI.

Funding terrorism, dirty money? HFSP.

THE GOVERNMENT WILL REGULATE IT? Immediate fast-tracked NGMI HFSP summa cum laude.


People will be jealous about not being as "lucky" as the crypto nouveau riche.

Pure cope.


But let's assume you were "lucky" enough to buy into any crypto early enough,

Weak pussy hands don't have the ability to hold on to their golden ticket.

"Sell half when it doubles, protect your capital, and let the free profits ride".

Gross poverty thoughts.


If you never had the intellectual curiosity to learn, the bravery to buy, the tenacity to hold through hell and high water, there is no imaginary fantasy parallel universes where you would then somehow magically develop the conviction to hold an asset up 2x or 10x or 100x or 250x.

But I have. 

How very "lucky" of me.


And that's why I am team WAGMI.

And that's why you are NGMI HFSP summa cum laude.

4 comments:

  1. When some of them finally give in and buy crypto because FOMO, they gamble on P&D shitcoins with small percentage of their portfolio hoping to make quick money and run because crypto is risky. Still NGMI.

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