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Fundamentally, cryptocurrency is a casino. The sole purpose of a casino is to ensure players leave empty-handed. And guess what? You're one of those players!
To win in cryptocurrency, you must align yourself with the casino. That's the only way you'll walk away with pockets full of cash. Let's delve into it.
When you step into the cryptocurrency casino, the first thing you see is Bitcoin. It's the most honest, legitimate part of the casino, yet nobody's interested. Players completely ignore it and rush toward meme coins.
There are also other altcoins, DeFi projects, and all sorts of narratives and labels you find in the cryptocurrency world. They're just different sections of the same casino! And you're still inside it.
Their purpose is the same: to drain players' money.
When you're playing slot machines with "meme coins" on Solana, they even offer you free drinks like points, rewards, zero fees, and more. They want you to keep playing (and losing more money).
But these drinks aren't free. Neither are the points and rewards. The zero fees are just a DeFi illusion. Paying for your drinks = paying fees on the BTC or ETH native chains. In the long run, they're worth investing in.
Most cryptocurrencies are zero-sum games. It means if you make money, someone else loses. And the casino always wins your money.
Why do you think there are so many casinos?
Let me put it another way: Why do you think there are so many altcoins, meme coins, DeFi protocols, etc.?
Their purposes are the same. Either way, they'll take your money.
How do you avoid this situation? You align yourself with the casino and embrace Bitcoin.
When you see new players rushing toward altcoins, maybe you should invest more in Bitcoin.
Sometimes, you venture into other sections of the casino, buying altcoins, but you absolutely must not stay there for too long.
You always come back to Bitcoin, where you can appreciate the entire cryptocurrency world.
Sometimes, an enticing temptation (market temptation) arises, urging you to buy altcoins. You politely decline the invitation. Never accept it. If you decide to check it out later, go alone.
How do you align with the casino?
You approach the casino's owner and start talking to him. Most of the time, he's embracing Bitcoin too.
Turns out, he's building a new area of the casino where you can invest and own some slot machines.
The rest is history. There are still risks, but they're lower and more favorable to you.
An example: You see Solana's price soaring. Meme coins in the ecosystem are skyrocketing. The Solana casino is making players ecstatic.
They're so excited they put all their money in.
As a result, they'll lose a ton until their pockets are empty!
Well done, Solana. The casino is printing money.
What should you do?
You can buy slot machines on Solana.
In this case, it's RAY or Raydium tokens, where all Solana's meme coins are traded. Don't buy Solana's meme coins! If you do, you become a player.
To reiterate, you want to be the casino owner, not the player.
I bought RAY at $1.8. 24 hours later, it surged by 50%! Soon after, it rose to over $3.
Instead of gambling on meme coins, invest your money in the casino. If you do your research, you'll make money.
When your journey in the Solana casino area ends, take your profits and put them into Bitcoin. That's where they should be and where you should be.
If you find yourself spending too much time in other areas of the casino, that's a problem. Your wallet will be emptied, remember that.
What's worse, you might do something incredible!
For example, you might decide to sell your Bitcoin and permanently move to other areas of the cryptocurrency casino. If that's the case, I have bad news for you: you've become a player.
How do you become a value investor in cryptocurrency?
You invest in the casino and its games, but you don't play the games.
Look for these opportunities, including in our community, then take your profits to Bitcoin and stay there.
Only when you find a good opportunity do you invest money from your pocket into new areas of the casino. |
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Post time 3-4-2024 20:48:24