Over the past few months the timeline has been full of the same narrative: alts have no value, equities are the only game in town, everything else is going to zero.
Maybe that's true over the long run (exhibit my favourite shitter Matic)...
But markets don't pay on narratives, they pay on momentum.
Once momentum returns, the crowd will chase it, and that's often all it takes for some of these shitcoin trades to set up... and thats all I care about...
And when the move exhausts itself? Short them back down again.