weimax
@weimax
157 Following
83 Followers
0 reply
0 recast
3 reactions
In retrospect, the current market has similarities to the 2018 and 2022 bear markets, but there are also significant differences. in 2018, bitcoin fell from $20,000 to $3,200, a decline of more than 80%, accompanied by the bursting of the ICO bubble and a contraction in trading volume; in 2022, it fell from $69,000 to $16,000, a decline of about 76%, impacted by the collapse of FTX and the hike in interest rates . Currently, Bitcoin is down ~7%-13% from its highs to $82,000, a far cry from historical bear market levels.
The similarities lie in declining trading volume and market fragmentation. For example, CEX turnover is down 70% from its peak in 2018, while currently down only 23.7%. The differences are in institutional participation and the emergence of ETFs, which provide a new buffer mechanism for the market. As such, the current panic may be a period of correction rather than a full-blown bear market, but if ETF outflows continue to expand, historical tragedy may repeat itself. 0 reply
0 recast
0 reaction
0 reply
0 recast
1 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
1 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
1 reaction
0 reply
0 recast
0 reaction
To add one more, if move is 6 billion, now bear 5 billion, but considering that it is a VC coin - we do not engage in value investing, but the lower it goes, the more short-term cost-effective, it does not matter to see where it falls to.
In fact, I do not quite understand why we must take move as a counterpart
move belongs to L1\L2 inside the valuation is more outrageous \ inflated, take it as a valuation counterpart, the margin of safety is very low
capital preservation first, do not be greedy. Don't take the fall, never hurt the principal. 0 reply
0 recast
4 reactions
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
1 reaction
Tonight was Babylon's third event (see researcher's summary for specific information), and individuals deposited 0.005 and 0.01b, with a minimum of 0.005b.
If the body of funds is good, or if there is a large pie that is intended not to be sold in this round, or if you can accept the hedge to sell and control the position, this program is still recommended to deposit some number.
Reason: as a financing $100 million of large projects, and is the leading project of the new track, the key is the number of addresses is only 3w, unless completely integral linear, it may be a super surprise!
Risks ⚠️:
1) Will lock liquidity, may affect selling, control the position.
2) Opportunity cost of other projects 0 reply
0 recast
0 reaction
0 reply
0 recast
1 reaction
0 reply
0 recast
0 reaction
0 reply
0 recast
1 reaction
0 reply
0 recast
2 reactions
0 reply
0 recast
0 reaction
0 reply
1 recast
1 reaction