Reddit Posts
Why self-custody is important and why you should move your coins off the exchange and keep them in your own wallet.
Bottos (BTO) Falls 0%, Underperforms the Crypto Market Sunday
JPMorgan Chase warns that Bitcoin ETF boom may distort the market and increase investor costs
Real World DeFi: an utopic idea or can we make it happens?
Mentions
Indeed, I fear this will end up in yet another BTC fork being created. Bitcoin Ordinals, BTO, maybe.
You obviously haven’t heard of the new BTO gem SafeBlueChip Token. 10000x potential, doxxed devs and great tokenomics /s
At this point, having been around the block a few times, I think the psycho-social aspects of investing far dominate almost anything else. Both personal psycho-social (i.e. one's appetite for risk and one's faulty risk/reward emotional judgements) as well as broader (regional and national political events and sentiment etc). If one's goal is wealth preservation, a mix of VTI/BTO/gold and real-world assets is generally solid and doesn't flinch much under pressure. Won't go to the moon, but will at least preserve your net value. Make it big enough and you can write your own loans off of it and get away from the debt economy altogether. If one's goal is growing wealth, it is confined to either low yield (in crypto world, dex staking *might* be safe enough in certain contexts, so long as the yield is low enough to be plausible) or niche farming (like grid trading the gold/btc ratio). The risk in these scenarios is the risk of holding anything at all on an exchange, and this risk is absolutely intolerable for having any scale of assets on-exchange to make a meaningful growth portfolio. Get-rich-quick happens, but so does winning the lottery. Gamblers sometimes come home with big wins. This is life. Most people neither win the lottery nor come home with big crypto wins. Considering today's economy, if you have enough assets to earn rewards at 5% APY, most people would do far better to just hold on to them and keep churning with a daily job. The true value of bitcoin is that you can safely hold onto your assets regardless of the political or economic climate. A cold wallet is quite literally safer than even a savings account in a bank. The best ways to make and growth wealth remain the same as they have always been. Invest in yourself to build your skill stack so your income potential goes up. Invest in your health so have longer to enjoy it. Invest in tax awareness so you understand how to shelter yourself and your profits. Invest in biological systems that grow on their own (food forests and gardens around your home, having children once you are wise enough to understand "children" as an asset, etc). Any excess productivity gets saved for big projects, and this is where bitcoin and wealth preservation tactics have their place.
Icy White. 6.5% in BTC + 2% in CRO. I just immediately trade the CRO for BTO when I get it.
How are you certain those things that led to 08 aren’t happening again? No one went to jail, the laws didn’t significantly change. Why not just do the same thing again? CDOs are around again, the just call them Bespoke Tronche Opportunities now (BTO).
If that makes you sleep well tonight then so be it. I'm not gonna mention my age here but I wasn't very old when it went down, and where I live most people just blamed Lehman Brothers for everything, not the CDO's (or BTO's as they're now called), nor the predatory lending. As for the movie it was intentionally very realistic, and they even met with the real Michael Burry so I think in this case it actually holds up. Implying I didn't know what happened before watching the film because I couldn't remember the acronym for "Bespoke Tranch Opportunity" is rather childish, but you do you.
Love BTO. Taking care of Bitcoin, everyday.
You ain't seen nothing yet. BTO.
so, don't talk about BTO, just crypto
Such a great post. I fell for most of these and also a shitcoin exit scam called Bottos (BTO), some AI garbage.
BTO! B-b-b-baby you ain't seen nothin' yet
I’m gonna start tossing band names into my crypto conversations... “I was gonna buy in to BTO but I’m already balls deep in SWV. And I’ve got my TLC tied up in an LP. Shame, because ELO, RHCP, and ODB are all going to the moon. Just need to find the exchange with the best AC/DC pair, and then I’m all in on REM.”
lol, real estate will plummet. The current situation is not different from 2008 with its subprime loans. It didn't go anywhere, they just renamed CDO to BTO and kept doing what they did before. Housing prices are rocketing now only due to the cheap loans that are thrown left and right without proper risk evaluation. When the shit hits the fan, it will collapse again.