if you look at the vol/mkt cap ratios for the top volume coins, $PEPE is constantly sitting near the highest, it’s at 43.06% today. For reference; $HYPE is at 9% $DOGE at 14%, $SOL 18%, $ETH 21%
1/ ETH is the best positioned asset:
- To become self sovereign money
- To have a native, uncorrelated yield
- To be globally censorship resistant
- To have customizable privacy
- To be quantum resistant
- To stay decentralized
- To achieve the potential BTC was supposed to
markets are designed to psychologically manipulate you (retail) into doing the opposite of what you should do
most of us made the mistake of not selling the highs and being perma bulls and our current outlook is emotionally weighted by being down 80%+ and being forced into painful situations where we contemplate capitulating or make decisions we otherwise wouldn’t
but you have to ask yourself, if you had sold the highs, would you be looking at the charts right now thinking it’s time to sell or time to start scaling back in and rebuilding a position?
i tend to think the few quality alts and the memecoins with lasting holders/volume/liquidity are at the latter point in time
Buy when no one wants it and everyone hates it. When they say it's dead and it has failed.
Sell when everyone wants it, and they say it will only go up forever.
ETH is the easiest buy-and-hold play in crypto right now.