@CredibleCrypto Think ppl may need to consider the percentage of their total portfolio allocation to blue cheap ALTs and risky alt, to prevent being wiped out
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@evansWeb3Dev @virtuals_io But if the old virtuals is back, it is just resume of the casino just pump dump, not helping the protocol itself for the long term.
Reflections:
This was a much needed cleansing of the market. Warning signs have been there for months (OI dom and global OI).
The last push up was a brutal fake out that got most bears to invalidate their thesis and even flip.
/thread (1/?)
@CKongee Retail are even more afraid to enter the crypto market after this wipeout. When Asian enters tomorrow, things can be even more ugly. However when things are at the lowest, this is where things will start to move. So called altseason will not come for every alt coins.
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