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polynya pfp
polynya
@polynya
A common hopium is "crypto is up only" Reality: 99.9999...% crypto assets are down only. They hit an ATH in some mania, that ATH will never be hit again, and they will be down only forever BTC, ETH, handful others are massive exceptions that have carved out a secular bull, but even they will see a secular bear eventually, like all emerging markets have through the centuries
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Hocilef pfp
Hocilef
@hocilef
Won't ETFs regular buys capping the downside though? Or do you believe BTC/ETH/TotalMcap could go lower than the previous cycle low?
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William Mougayar pfp
William Mougayar
@wmougayar
Exactly. Peak price = peak hype moment, not peak value. (For 99.99%). Then it goes downhill from there. Because the PMF is never reached. BTC, ETH, even SOL have sustainable upside because they keep adding real value and have real growth in users or ecosystem.
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Jim The Ape pfp
Jim The Ape
@jimtheape
K but do you have abs like $WARPIE? hit me up here or TG ;) we have fun and build stuff and art and anime and all the good things that contribute to a fully realized 6-pack @jimtheape
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parseb pfp
parseb
@parseb.eth
polynya posting about prices. we that downbad huh
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CryptoPlaza๐ŸŽฉโ“‚๏ธ๐Ÿ’œ OG449 pfp
CryptoPlaza๐ŸŽฉโ“‚๏ธ๐Ÿ’œ OG449
@especulacion
I believe the main innovation in Crypto has been seeing startups trading from day one. On Nasdaq, the phenomenon was different because going public requires a significant financial effort. I've been investing in startups for a long time, and I think this market has had the best risk/reward ratio I've ever seen. The reality you describe is the usual statistic in the venture world, from which I believe a new generation of tech companies has already been consolidated. Now we can choose between crypto venture and crypto tech
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Lauren McDonagh-Pereira pfp
Lauren McDonagh-Pereira
@lampphotography
Yeah, and the cycle of alt coin is alarmingly fast.
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Juli ๐ŸŽฉโ†‘ pfp
Juli ๐ŸŽฉโ†‘
@juli
The earlier you figure this out and donโ€˜t become a โ€žsupporterโ€œ aka bag holder in one of the other assets, the better. 1000 $degen
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xasiplay pfp
xasiplay
@xasiplay
Looking back at some popular NFT collections that turned into a dust, yikes
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Aaron Blaisdell / ittybit 533 pfp
Aaron Blaisdell / ittybit 533
@aaronblaisdell
I sorta agree, but can't rule out the unexpected. 50 $DEGEN
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cyrus pfp
cyrus
@cyrus
this should be filed under /alltimehigh ๐Ÿ˜‚
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SophiePixel ๐Ÿ”ต pfp
SophiePixel ๐Ÿ”ต
@sophiepixel
Does solana fall under this category?
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WOO๐ŸŽฉ pfp
WOO๐ŸŽฉ
@woo-x
I think it's 100% likely to happen at some point. Will it happen this cycle? Nope I don't think there's enough liquidity in the market for that to happen yet.
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Mack pfp
Mack
@0xmack
All good things come to an end
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Catch0x22
@catch0x22.eth
completely contradictory but i respect it
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Penguin pfp
Penguin
@sleepypenguin.eth
That's a sad reality. Hopium is dangerous.
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Abbas๐ŸŽฉ๐Ÿ‘พ pfp
Abbas๐ŸŽฉ๐Ÿ‘พ
@abbass.eth
I would say 80% community, and 20% project. The ATH is wen no one ovwrthink it.
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