- Most of the timeline has given up
- Group chats are silent
- Most people are bearish if you ask them
- Many have sold without looking back
- Everyone is counting crypto out
This is exactly when we the people that actually make money in this space start buying
100K+ SOON
Bitcoin dips -30%
People’s reaction: extreme fear
Black Friday -30% sale on a new iPhone
People’s reaction: take my money
This is why most people stay poor
They buy liabilities on sale and sell assets on fear, the exact opposite of how wealth is built
Honestly, I think most #alts already bottomed a week ago during the whole #Binance liqudation event.
Most have had big wicks, and I think they won't trade lower than that wick
So if you ask me, "Can they go lower?"I would say yes, a bit... but I don't see #alts falling off a cliff, even if #BTC goes lower.
In other words, these are good zones to accumulate your favorites
Wizz
The biggest crash of the cycle came a few weeks after all the memecoin traders started trading leverage and all the new DEXs came out (Perps meta)
There are no such thing as coincidences remember that
🫶