712192
Steve 🎭🎩Ⓜ️
@stevebeachy #712192
Hodler exploring web3. Solana airdrop farmer, bitcoin solo miner, Helium network miner, and Medium blogger. 🎭🎭🎭
140 Follower 161 Following
Have you seen the LEARN page of your Phantom wallet ? 👀
What is M2 money and how does it relate to bitcoin and the broader crypto market ? 🤔
Historically, Bitcoin’s price (Black line) has shown a strong correlation with the M2 money supply growth rate (Blue line).
M2 represents money supply that includes cash, checking deposits, CD’s, government T - bills , and money market securities. M2 money supply consists of cash and any instruments that are easy to convert to cash. It is a broader indicator than M1 (which only includes cash and checking deposits) and is often used to gauge the amount of money circulating in an economy.
So why is this correlation worth paying attention to ? 🤔
Investors can use M2 growth and interest rate trends as indicators of potential Bitcoin price movements, allowing them to make more informed decisions.
Historically, Bitcoin’s price (Black line) has shown a strong correlation with the M2 money supply growth rate (Blue line).
M2 represents money supply that includes cash, checking deposits, CD’s, government T - bills , and money market securities. M2 money supply consists of cash and any instruments that are easy to convert to cash. It is a broader indicator than M1 (which only includes cash and checking deposits) and is often used to gauge the amount of money circulating in an economy.
So why is this correlation worth paying attention to ? 🤔
Investors can use M2 growth and interest rate trends as indicators of potential Bitcoin price movements, allowing them to make more informed decisions.
When you see this in 2025, it’s time to sell ! 😂😂😂
$DEGEN to $1 🤔🤔🤔
DEGEN is currently ranked #303 with a market cap of $132M and a current circulating supply of 14.18B.
If DEGEN were to go to $1 you would achieve a 9,900% return and DEGEN would replace TRON as the #10 cryptocurrency as ranked by market cap.
A much more realistic expectation in my opinion would be a $0.10 DEGEN at the peak of the bull run.
DEGEN is currently ranked #303 with a market cap of $132M and a current circulating supply of 14.18B.
If DEGEN were to go to $1 you would achieve a 9,900% return and DEGEN would replace TRON as the #10 cryptocurrency as ranked by market cap.
A much more realistic expectation in my opinion would be a $0.10 DEGEN at the peak of the bull run.
$127M in shorts and longs liquidated within 4 hours. 🤓
https://www.coindesk.com/markets/2024/10/15/bitcoin-jumps-just-shy-of-68k-highest-since-late-july/
https://www.coindesk.com/markets/2024/10/15/bitcoin-jumps-just-shy-of-68k-highest-since-late-july/
My crypto portfolio holdings as a percentage:
Bitcoin - 65%
Ethereum - 15%
Solana - 10%
SUI, BRETT, TOSHI, DEGEN, JUP, BONK - 10%
Best day in crypto - Going into Covid when crypto crashed I picked up 15 ETH @ $127
Worst day in crypto - The day that Celsius Network shut down and I had .75 bitcoin on
their platform. 🥹 18 month later a full recovery was made. 🙏
Lessons learned - Take profits ! The party NEVER lasts forever !
Follow trends and narratives. They change with every bull run.
Don’t use leverage.
Hodling is boring but it’s a tried and proven method to building
crypto wealth.
Pro tip : invest in the /sense channel with @tylerfoust.eth @3irka.eth @girl-ua @headman and a lot of other people that are supportive ! ❤️❤️❤️
Bitcoin - 65%
Ethereum - 15%
Solana - 10%
SUI, BRETT, TOSHI, DEGEN, JUP, BONK - 10%
Best day in crypto - Going into Covid when crypto crashed I picked up 15 ETH @ $127
Worst day in crypto - The day that Celsius Network shut down and I had .75 bitcoin on
their platform. 🥹 18 month later a full recovery was made. 🙏
Lessons learned - Take profits ! The party NEVER lasts forever !
Follow trends and narratives. They change with every bull run.
Don’t use leverage.
Hodling is boring but it’s a tried and proven method to building
crypto wealth.
Pro tip : invest in the /sense channel with @tylerfoust.eth @3irka.eth @girl-ua @headman and a lot of other people that are supportive ! ❤️❤️❤️
Beautiful digital flower created by my friend ElenNFT from Kyiv , Ukraine.
WIN 5K MOXIE!
Looking for trending coins or tokens ? Use coinmarketcap to identify winning or losing trends. Using this I bought SUI on 9/27 at $1.57.
If you are staking the JUP token here is a ASR calculator. Rewards down from 22% last quarter to 18% this quarter. 🫡
https://scarletsynth.github.io/ASREstimator/
https://scarletsynth.github.io/ASREstimator/
I would counter with the response that most people don’t understand money ! 😆
https://blockworks.co/news/survey-says-most-people-still-dont-understand-crypto
https://blockworks.co/news/survey-says-most-people-still-dont-understand-crypto
Just joined the Scout Game waitlist! Ready to scout, build, and win by spotting top onchain talents!
Join me and claim your spot by sharing this frame.
Join me and claim your spot by sharing this frame.
It’s called diversification 😅
The bitcoin network is healthy setting a new record for hash rate of 698 EH/s !
If you like numbers buckle up as this will blow your mind ! 😁
1 EH/s or exahash = 1 quintillion hashes per second .
698 EH/s = 698,000,000,000,000,000,000 hashes per second. 🤯🤯🤯
https://www.cointribune.com/en/bitcoin-overcomes-challenges-and-sets-a-new-historical-record/
If you like numbers buckle up as this will blow your mind ! 😁
1 EH/s or exahash = 1 quintillion hashes per second .
698 EH/s = 698,000,000,000,000,000,000 hashes per second. 🤯🤯🤯
https://www.cointribune.com/en/bitcoin-overcomes-challenges-and-sets-a-new-historical-record/
Base ready to overtake Arbitrum as measured by TVL.
https://u.today/coinbases-base-nears-surpassing-arbitrum-as-top-ethereum-layer-2
https://u.today/coinbases-base-nears-surpassing-arbitrum-as-top-ethereum-layer-2
My favorite way to spend my free time is to be out in nature ! Within the last year I have had two week long vacations where I spent my time primitive tent camping ⛺️.
Even though I am a people person by nature, I enjoy the solitude of camping in a 95,000 acre state forest with no one else around ! It gives me time to reflect and to slow down and just enjoy the simple things in life.
I will admit though, even in this setting I have a very hard time not getting on social media. I do have a very addictive personality, and the last time I went camping I had two phones, an iPad, and a laptop. 🤣🤣🤣
I guess in a sense, it’s a union of two of the things I enjoy the most ! 😎
Love ya /sense fam ! ❤️
Even though I am a people person by nature, I enjoy the solitude of camping in a 95,000 acre state forest with no one else around ! It gives me time to reflect and to slow down and just enjoy the simple things in life.
I will admit though, even in this setting I have a very hard time not getting on social media. I do have a very addictive personality, and the last time I went camping I had two phones, an iPad, and a laptop. 🤣🤣🤣
I guess in a sense, it’s a union of two of the things I enjoy the most ! 😎
Love ya /sense fam ! ❤️
Check your Far Rank and interaction values! frame by @rezaisgoat.eth
Ignore the rank and it makes /sense 😆😁
Ignore the rank and it makes /sense 😆😁
I just bought /howmoxie channel's Fan Tokens powered by @moxie.eth cc @betashop.eth @airstack.eth @chii-ka
Noah would have been proud of this ark ! 😁❤️