This needle-insertion seems pretty decent— which one do you think you’ve seen inserted the hardest?
Actually, at times like this, I prefer finding the ones that get inserted the least, and that can be withdrawn quickly. These are what people call the most liquid ones. The ones with a strong sponsor— the coin types in my spot holdings were basically selected through repeated rounds like this. Because in extreme market conditions, the coins that can still hold up are, statistically, the ones you’re more likely to be able to keep for the long term.
Conversely, the harder it gets inserted, the more severely liquidity is drained in an instant. These are exactly the risks you’ll want to avoid in future trades.
The market has no memory. A lot of people have already forgotten the 10.11 512 delisting/cleanup, and so on. But the market does have memory— the ones who remember will stay sufficiently vigilant during explosive rallies and violent selloffs.
This wave probably means another batch of people are going to exit again, and then we’ll start irregular consolidation and repair, until the next bull market arrives— drawing new people in… round after round, all so similar. But the way it feels to me is that the pace is getting faster and faster.
Remember back in 2022 and 2023— when prices surged, it would last for at least a month or so. When the bull market came, at minimum it could keep pumping for several months. But later it started getting quicker and quicker: the altcoin season turned into an altcoin month, then an altcoin week, then an altcoin day… and now an altcoin day has turned into an altcoin hour. Next time, is the next leg going to become “altcoin minutes”? Of course, this also has a lot to do with those hosts on the square who are still encouraging their fans to make high-leverage, high-frequency bets. How should I put it… they keep saying things like “the principal is small,” so if you don’t bet, what’s the point? The big players already have little tolerance for error, and yet they’re encouraging their fans to use up that tiny tolerance even faster— just to get you those referral commissions?
I just felt something in the moment and said a few things—nothing official.
Actually, at times like this, I prefer finding the ones that get inserted the least, and that can be withdrawn quickly. These are what people call the most liquid ones. The ones with a strong sponsor— the coin types in my spot holdings were basically selected through repeated rounds like this. Because in extreme market conditions, the coins that can still hold up are, statistically, the ones you’re more likely to be able to keep for the long term.
Conversely, the harder it gets inserted, the more severely liquidity is drained in an instant. These are exactly the risks you’ll want to avoid in future trades.
The market has no memory. A lot of people have already forgotten the 10.11 512 delisting/cleanup, and so on. But the market does have memory— the ones who remember will stay sufficiently vigilant during explosive rallies and violent selloffs.
This wave probably means another batch of people are going to exit again, and then we’ll start irregular consolidation and repair, until the next bull market arrives— drawing new people in… round after round, all so similar. But the way it feels to me is that the pace is getting faster and faster.
Remember back in 2022 and 2023— when prices surged, it would last for at least a month or so. When the bull market came, at minimum it could keep pumping for several months. But later it started getting quicker and quicker: the altcoin season turned into an altcoin month, then an altcoin week, then an altcoin day… and now an altcoin day has turned into an altcoin hour. Next time, is the next leg going to become “altcoin minutes”? Of course, this also has a lot to do with those hosts on the square who are still encouraging their fans to make high-leverage, high-frequency bets. How should I put it… they keep saying things like “the principal is small,” so if you don’t bet, what’s the point? The big players already have little tolerance for error, and yet they’re encouraging their fans to use up that tiny tolerance even faster— just to get you those referral commissions?
I just felt something in the moment and said a few things—nothing official.
