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Merc-OnChain
@merc-onchain
Farcast or first cast for me? Thread(?): This is my second cycle; class of 2020. I feel late compared to some of you nerds (in a good way), but know I’m early compared to where we’re going. Here’s the thing, I was a bitcoin maxi until earlier this year I began venturing out of my comfort zone.
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Merc-OnChain pfp
Merc-OnChain
@merc-onchain
Coming from the tradfi world, the supply/demand dynamics of Bitcoin just clicked for me. With an overwhelmingly generous Federal Reserve and a Government on a shopping spree, our “full faith and credit” to the US government began evaporating. I parked my whole portfolio in BTC, round tripped 2020 cycle & then some.
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Merc-OnChain pfp
Merc-OnChain
@merc-onchain
I got fleeced, as did many others, from CEX collapses. I said goodbye to those funds and hodled the other 90% of my assets in cold storage for 4+ years. Felt great when the prices came ripping back, especially as a “told you so” to all the CFA’s who play the “there’s no intrinsic value” card.
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