Crypto winter is here ❄️. I was on the @Coinbase board until 2021 and led its Series D for @IVP. I’ve lived crypto cycles since 2013. Here are my predictions on how and when this crypto winter will end, and how to emerge stronger. 🧵👇/1
— Tom Loverro (@tomloverro) June 28, 2022
— Crypto Bros Taking Ls (@CoinersTakingLs) June 26, 2022
"Make sure to take profit before you congratulate yourself on a winning trade."
— Cheds (@BigCheds) June 25, 2022
Consumer getting hit from all angles:
– Inflation highest since 1980s.
– Mortgage payment to income ratios above 2006 high of 34.1%.
– Stock bond portfolio carnage = 52% of GDP.
– Now blow out in credit card rates as balances grow. pic.twitter.com/POyiPd1I1A
— Teddy Vallee (@TeddyVallee) June 22, 2022
ETH lows by year:
2015: $0.42
2016: $0.93
2017: $8
2018: $84
2019: $104
2020: $110
2021: $774
2022: $896— boredape93 (@boredape93) June 19, 2022
"Bitcoin’s price sits at the lower bound of its production cost for the first time since the March 2020 liquidity crisis as well. The idea here is that Bitcoin should at minimum be worth the cost of energy to produce it." – @WClementeIII pic.twitter.com/cIJVeGTMvS
— Pomp 🌪 (@APompliano) June 18, 2022
Be greedy when others are fearful has never been more relevant.
— Layah Hodlpern (@LayahHeilpern) June 18, 2022