They often do, but I’m expecting a divergence this cycle. The financial industry is setting up to come into bitcoin in a significant way with new ETFs (eg BlackRock) and institutional exchanges (EDX). The alt coins will likely be suppressed from the attack on Coinbase and Binance. So basically bitcoin should outperform.
I went down the ETH rabbit hole for many years until I realized that all roads lead to bitcoin. I focus exclusively on bitcoin now and I just use it as savings. I never trade. Just buy and hold for retirement.
techfeudalist /
npub1nz…0yxqu
2023-07-02 21:20:53
in reply to nevent1q…v22c
Author Public Key
npub1nz3cd3mx4jf9paxwrdgqvchaprjdge9pj9t58mkusw74q5saajkqu0yxquSeen on
wss://relay.noswhere.comPublished at
2023-07-02 21:20:53Event JSON
{
"id": "7375ebb81098f70a6bd3a3964577201e556196921809e8f0a7a31cda76878aec",
"pubkey": "98a386c766ac9250f4ce1b500662fd08e4d464a1915743eedc83bd50521decac",
"created_at": 1688332853,
"kind": 1,
"tags": [
[
"e",
"17c66680ad8d70ae0ea64d966e52711475e9e81ace455b0e36d59f65817b4ca3"
],
[
"e",
"6cb54ff8dfbf6b53384b77a714807d0cf5a11ee78d47f6c68527055caaa95bfc"
],
[
"p",
"1afe0c74e3d7784eba93a5e3fa554a6eeb01928d12739ae8ba4832786808e36d"
],
[
"p",
"fc1905d2882b939ed47159f6c04d93baae9de5f80fa5ab028cc4938214757588"
]
],
"content": "They often do, but I’m expecting a divergence this cycle. The financial industry is setting up to come into bitcoin in a significant way with new ETFs (eg BlackRock) and institutional exchanges (EDX). The alt coins will likely be suppressed from the attack on Coinbase and Binance. So basically bitcoin should outperform.\n\nI went down the ETH rabbit hole for many years until I realized that all roads lead to bitcoin. I focus exclusively on bitcoin now and I just use it as savings. I never trade. Just buy and hold for retirement.",
"sig": "8d83d6388413af9b90b71a31f7f8dc27105a0234f98d28aa57a38cac9e7cfd0c517a788feae41da80b090bc651db54b1f36893dcb5e4621fd0386f61b72e0509"
}