+1 to this
i was absolutely balls deep in SOL during most of the two previous runs, was the only ecosystem i knew and most of my net worth was in the token
this hype run feels v similar from an in group / out group point of view on CT. it is extremely obvious who is sidelined and who is enjoying
ppl wanted to just categorise solana as a shitty chain for poor ppl with bad investors that goes down all the time, but the economic activity and the dApps told a much brighter story
i had a friend who i even gave SOL to in 2022 and started a phantom to try get him to understand and he didn't even use it bc he was so convinced solana was shit
now ppl with hype are saying the same shit. it's just a DEX, where's the moat, regulation, hacking risk, competition
the worst thing you can do in crypto is have an unfalsifiable thesis, for those who were conservative on regulation imo you were somewhat falsified with the circle / coinbase announcement, or at least risk reduced. that was a signal to change thesis and still get a good entry, but many were already stuck in their opinion
the same is true with the perps approval in the US, that was a signal but those already stuck somehow paint new competition as bearish
there is finally a good product in crypto that is seeing mass adoption and literally disrupting global trade, if you're in this industry you want to see this product win
the other main thing ppl are midcurving is that whether a token goes up or down is solely determined by the buyers vs the sellers. there is substantial buy pressure that is hard-coded into the token and holders are still reluctant sellers, it does not take as much demand as you think it does for this thing to continue to send
if you don't own the coin, the very least you can do for yourself is to try not short it. there is a treasure trove of overvalued assets that deserve to be shorted, but the strongest asset of this year is not one of them
you may have missed out on the opportunity to make money but there's no reason to lose money on rage shorts
there is no hype beta
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I don’t post much on X…
But I need to share something that happened 4 days ago.
woke up and opened my Phantom wallet.
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✨2024, une année marquée par le succès et des profits au rendez-vous pour notre communauté ! 💸🙌
Merci à tous nos membres qui rendent cette aventure unique. On espère que 2025 sera encore plus fructueuse pour chacun d’entre vous. 🚀
Bonne année à tous 🫶
🎨Visuel : @zqsdxyz
+ de 360 000 $ de bénéfices pour LaBamille grâce à l'airdrop $ME 👀
Bravo à nos membres qui ont tenu bon durant le bear market et récoltent aujourd'hui les fruits ! 🫶
Merci à @MagicEden pour ce beau cadeau de Noël en avance 🎅
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