selling BTC near the bottom to buy back lower is a very risky strategy.... if you can even call it that...
...especially if you won't buy back in again at higher prices should they come

I learned my lesson in 2015

just remember that even small amounts you lose today could be a small fortune in 8-10 years

 

I don't think people understand how bullish the crypto sphere is right now. BTC 100k and ETH 10k are incoming and people are sleeping on it. If you have dry powder on the side lines waiting to move in, now is the time. You'll be kicking yourself in 2 years if you don't move in today.

There is an exponential aspect to doubling.

In regards to bitcoin specifically, I would suggest anywhere between 1% and 25% for someone who is a responsible grownup.. so yeah, maybe banks have to work their lil selfies up towards the higher end of the range... .. but if they are actually contemplating shitcoins or "crypto" then fuck that nonsense, I am not even sure if 1% would be tolerable for that.. maybe 0.25% at most?... or maybe up to 1% of the bitcoin amount.

The Bank for International Settlements (BIS) has now allowed banks to now hold 2% of their reserves in cryptocurrencies as per its recently released Prudential Treatment of Crypto Asset exposure report for December 2022. In June, the BIS had allowed only a few banks to hold not more than 1% of their reserves in cryptos.

23%
in the last five days or so.
Helicopter time?

#Sunday haiku

I only adjust the way I talk. Changing my opinion depending on the dialogue partner would be like lying to myself, which I don't feel comfortable with


good that your cats like you, afaik they are quite picky pets

Hmmm... he does look like our guy:


(from Crunchbase)


(from Linkedin)

Jessica Garza is the "principal", and the "business" was established in 2017:


I can't find what their actual corporate name is - there is no Texas company named "Nomad Internet". Probably need to look in Delaware or Nevada or something.

I may need to update the OP to make sure Homero-Josh-Jaden is firmly linked to his criminal past.

Cryptocurrency firms Gemini and Genesis have been charged by US regulators with illegally selling crypto assets to hundreds of thousands of investors.

“Defendant created and used over 38,000 fake Facebook user accounts and its Surveillance Software to scrape more than 600,000 Facebook users’ viewable profile information, including posts, likes, friends lists, photos, and comments, and information from Facebook Groups and Pages,” lawyers wrote in Meta’s complaint. “Defendant designed the Surveillance Software to conceal its presence and activity from Meta and others, and sold and licensed for profit the data it scraped.”

After all, you all are the Key Keepers.
Let’s keep those Keys Cold ! ❄️🔑

Thank you very much for reading.

Always yours, sincerely,

Patrick aka yogg

Speaking of tomorrow's games, my brother got two tickets for the 9er's game tomorrow so I'll be attending live!  The last time I was at a game was at Candlestick Park I don't know how many years ago, so I'm pretty excited to see the "new" stadium and watch the 9ers take care of the Seahawks again.

#Bitcoin BTC is up $1,000 since this tweet ☠️



TWITTER

Heya WO-bros and -broettes. Thanks for the welcome. I'll stop in again next time I'm through these here parts.

Today is a good day. Best in a year, mayhaps.

FTX have found some "change" in the couch:

https://www.wsj.com/articles/ftx-says-it-has-located-more-than-5-billion-in-cash-liquid-assets-11673452986

facepalm

today's airspace over america and over europe...

Then you will feel the FOMO essentially forever, as the tech cycle treadmill of always having to be on the latest and greatest never ends.

Break the cycle, gain control of what you feel is important. Not living up to everyone else's expectations is liberation.

--------------------------

I remember the early years of working in corporate America. Everyone looked the same, dressed in the same bland styles, trends and brands, and always had to be on the latest smartphone, tablet, and other tech gadgets.

I got caught up in that too, for many many years.

I remember the style trend was increasingly heading dressing down, more and more casual to work. One day in my late twenties, I said fuck it. I'm going to dress in my OWN style of clothing to work, and not in everyone else's blandness. Which incidentally, was set to a higher standard of quality and sophistication than what most men were wearing to the office. I started wearing a nice wristwatch, nice pressed dress shirts and ties, dress pants, nice blazers and overcoats, and higher end dress shoes.

I felt a little out of place for a while, and other male colleagues would definitely give me weird side eye from time to time. I was in IT, but probably looked more like an executive or corporate lawyer. But at least I felt liberated and was happier.

Then one day as a meeting let out, a woman co-worker of mine (who I thought was very attractive) and I were left in a meeting room alone chatting about various life things. As we gathered our stuff and started to get up to leave, out of the blue she turns to me and says, "You know, I always thought that you are definitely one of the better dressed men in this whole company." She smiled, I mumbled a "thank you" or something, and then she walked away. (btw, we were both married at the time, so I don't believe she was hitting on me or anything.)

At that moment, I knew I had been on the right track for doing my own thing.    

My P30 Pro is the best smartphone I've ever owned. The only "issue" with Huawei phones is that the latest models don't support Google Services (Play Store, Maps, YouTube, etc.). In fact, the P30 Pro is the last phone that is allowed to use them. This can be a big issue for many. There are some solutions to this, but the user experience is lacking compared to the real thing.

The complaint, filed on Friday against Alphabet Inc (GOOGL.O), Meta Platforms Inc (META.O), Snap Inc (SNAP.N) and TikTok-owner ByteDance with the U.S. District Court, claimed they purposefully designed their products to hook young people to their platforms and were creating a mental health crisis.