I consider each of you my friend. So this is exactly what I told my super wealthy friend last night... Many people on X are taking victory laps, posting screenshots, & promoting their research services. I'm one of them, so I'm not criticizing it. For right or for wrong, that's what we're doing. Typically, that's the sign of overheated sentiment & hubris, which means a lot of folks need to get humbled and get some egg on their face. So what I told my friend was this... Maybe it doesn't happen, but be ready for a 20% dip in Bitcoin and be ready to allocate substantially into that dip, even if it falls into a deeper pullback of -25% or -30%. The fundamental nature of this bull market is intact, so buying the dip is the proper stance, which means we should all be ready to buy Bitcoin between $95k - $105k. If that dip doesn't happen, no harm & no foul. But we're ready for it if/when it does happen. And that's what's important. This guy already has a substantial Bitcoin allocation. As do I (magnitudes more than my friend). So if a dip of this magnitude doesn't come and we just rip to $135k - $150k, then we're absolutely printing. He asked me if he should look to short. I said no. He asked me if he should sell a substantial amount of his stack. I said no. I just said be patient and ready to buy if the opportunity comes. So that's what I'm telling all of you too. Cheers.
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