Anyone else feel like the market is just shaking out weak hands and leverage?
Anyone else feel like the market is just shaking out weak hands and leverage?
I get the bear argument.
4 year cycle this… inflation that… ect ect
Alts have come to price levels that just flat out don’t make sense.
And im talking GOOD projects… not junk meme coins.
like VET, XLM, LINK, AVAX have all dropped to near pre-bull run prices.
Are you buying? waiting? DCAing?
Something on my shoulder is telling me I’m going to regret not taking advantage of these prices.
Most alts were overvalued to begin with. Market overshoots up then it overshoots down like it willl again next year. Anything more then light DCA in these conditions is foolish imo. Some new folk want to borrow to pay near ATH prices on BTC, I wouldn’t tho.
You can see from bitcoins price they’re making sure people don’t go long on all the fake pumps. I’m sure a few still will but most people have been wrecked like 10 times since we’ve been ranging 84k to 92ish