Haiku:
maximalism
where Bitcoin reigns supreme
is outdated but fun
Reading for the Day:
- BTC in USD = $18,989.16. Alistair Milne, an OG Bitcoiner, wrote an article that brings a little clarity to projecting the price of BTC into the future (https://alistairmilne.com/)
- I got absolutely flamed by AmericanHodl yesterday on Twitter for not being a BTC maximalist. (https://twitter.com/kramskontent/status/1334695659765723145)
- CNN wrote an article describing some of the altcoins gaining steam in the world of crypto. Is this list very good or helpful? No. Is it really cool that CNN is publishing articles on crypto? Yes. (https://www.cnn.com/2020/12/03/investing/bitcoin-ethereum-xrp-cryptocurrencies/index.html)
- Paul Tudor Jones, a legendary macro-investor/trader, hyped up Bitcoin yesterday. (https://finance.yahoo.com/news/paul-tudor-jones-on-bitcoin-180803661.html)
The Perfect Bag:
(“bag” is a crypto-slang term referencing a person’s crypto holdings… ex: “I just added half a Bitcoin to my bag yesterday)
75% = Bitcoin. Give the king respect.
15% = Ethereum. Give the prince a chance. He’s just trying to get out of his dad’s shadow.
5% = Uniswap. The most successful decentralized exchange + it has a really cool name.
5% = Link. Not really sure what it does. I’ve read many articles and it is still confusing. This 5% is allocated so you have a reason to follow Link Marines on Twitter. Definitely worth the price of admission.
5% = Mess around with stuff on your exchange of choice. Hold some Tezos or Bat tokens or whatever. Experiment. Go crazy.
Tweet of the Day:
“When the media turns its full attention to crypto in the next bull market they will be focused on why this time is different The two narratives they’ll follow on is the institutional adoption of bitcoin and DeFi The former retail has already heard about. The latter not so much” – Jack Purdy, Researcher for Messari.
Hope y’all have a fantastic Friday!
-Kram
KRAM 