it's that time again when everyone expectations are so high as bitcoin have just made new all time highs today but there's some red flags like that James guy on hyper liquid sitting on a long position with over $1 billion in bitcoin
It's quite insane to imagine someone being long with 40x on bitcoin which is known for its volatility and won't take more than an hour to get to liquidation
But how amazing it'd be if it's not just saylor that makes an history but some other people who long and still gets rewarded massively.
It's not some the big short movie that's going on, it is real life and first time seen someone sitting on open chain with a position over $1 billion and isn't afraid or panicking
It only raised some questions that I'd try to get answer ahead in this post.
I've seen a lot of Egoistic people and it makes sense to be that kind of person in a world we live in today
Lots of upside and downside of being Egoistic and one can't run from himself
Whether we talk about crypto or any other person there's always those Egoistic people everywhere
Starting from those Egoistic people in crypto who've either lived far better or made it worse for themselves
Michael Saylor Ego is keeping him sane
Everyone always laughed at Michael Saylor buying bitcoin top from last couple of years and everyone wanted him to go bankrupt
Thought it's the worst mistake he's making but took it to his ego and still top blasting bitcoin like he doesn't really care about price
It doesn't matter to him if it's trading at $100k or $80k he's just buying it like he did at $30k or below
He knows he's right about it and the whole world can give opinion which doesn't matter to him and that's the kind of ego that makes you sane in an insane world
Not falling for the crap world throws at you and doing your own thing is the most difficult to do yet the one with ego have the honour to do it easily.
Many Egoistic people in crypto have bite the dust throughout the years like the most solid example is Peter Schiff that one gold maximalist boomer
Who wasn't ready to accept bitcoin as digital gold throughout the years he witnessed bitcoin rising from $4000 to over $100k
He only realised his ego had cost him fortune and his upcoming generation will always talk about it and call him with names.
Meanwhile there's this guy capo and Zoran Kole who lost it all being egoistic and not giving up cause they wanted to feed their ego
In return they lost fortune and got liquidated over and over again but have farmed quite a lot of engagement in this market.
Ego Can take you to places if only you
Are self aware and use that ego in situations where it'll benefit you instead of letting it destroy yourself
Your ego can help you progress in life like it's a fact when one person is Egoistic and the world knows you've got ego
They won't fuck around and try to take advantage of you, saying no becomes easier and that No is much needed nowadays like you don't give a damn about doing a favour, go do it yourself I'm not supposed to clean everyone's mess.
Wrapping Up...
In the end it's only ego that makes or destroy your dreams, you just need to be humble enough to move forward with that ego
Saylor wouldn't have made it this far without his ego, strongest decisions requires strongest will for a reason.
We'll see more degen like James who'll either long or short over a billion dollar worth position without flinching and these people would still be far better than any of us cause they took action while most don't even begin with it and consider themselves as failure.
fin.
Posted Using INLEO