The Billionaire Crypto Dramas
Two Wild Billionaire Stories Impact the Price of Crypto Yesterday.
The first story of Vitalik selling his Dog tokens, SHIB and Akita. Keep in mind he didn't buy these coins, or ask for these coins, nor did anyone ask or get him to agree to some lame deal to hold. They sent the tokens to his address and ASSUMED what he would do with them.
Listening to people cry about buying a knock-off meme token, hoping to make rapid gains on it, only to have a short-term dump instead is actually very funny. No, you weren't rug pulled and no Vitalik did not rape you.
This drama trust ETH into a short dip before it regained $4k.
Meanwhile, not to be outdone BTC got its own Billionaire Drama when Elon announced that Tesla is not accepting Bitcoin anymore because of environmental costs.
BITCOIN also took a little dip, being called a dump by many.
I found the entire day, with all its overreactions a bit funny.
You, however, should panic sell if either of these stories ruin your portfolio
For the record neither Elon or Vitalik is responsible for your finances and what you choose to buy or hold.
Crypto during bull season is very emotionally charged, but both of these stories will fade.
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This sudden collapse is causing panic. Most of the people don't have any idea about the downfall. But I think bitcoin now is not dependent on any single person. Bitcoin is stronger than any individual. Whoever he is.
I think these dips are a great gift. It gives us the chance recapture an opportunity we might have missed out on before.
It also gives me an opportunity to dispel some FUD. My aniy-crypto BIL sent me a text saying BTC was down 19% on the year. I sent him this:
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I understood it after finished reading your writing
Hii @whatsup good luck ✌️
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