Finally broke down and bought some $DOG today on the Bitcoin blockchain
Will hold as a long term investment, see what happens. Will be adding monthly to the position as well.
If I were you, I’d get on the phone with my financial advisors, ask their opinion about what happened with the 30 yr Treasury auction last week & how they plan on positioning my portfolio.
If they do not know what happened with the auction I’d look for new advisors!!
In my 25+ year career on Wall St this is the first time I can say I’m truly scared….
Being a Market Maker with these tokens really adds nicely to the returns while you wait for them to initiate a dividend and Wall St wraps them into an ETF
Home run all the way around!!!
If these protocols start offering a “dividend” and Wall Street wraps them into an ETF it will be a massive product, probably larger than any single crypto ETF besides Bitcoin
Watch for protocols that generate revenue
I can see a future they start paying a “dividend” to token holders and then Wall St wraps them into an ETF
This would be HUGE
Jito
Raydium
Jupiter
MarginFi
Meteora
Uniswap (on ethereum)
Going up $1 Mil every 17 seconds
$9 Tril needs to be refinanced this year, which will be done at much higher rates
$40 Tril globally over the next 2 years
Good luck with your dollars, good luck with your fiat currency
Not me….
Liquidity cycles have been going on in the US since the Federal Reserve was created
Cycles were few and far between but since the GFC and debt level’s continuing to rise they now come about every 4 years
Your hurdle is 11% per year, 8% fiat debasement plus 3% inflation, if you’re not increasing your income/portfolio by more than 11% you’re falling behind