One of the biggest misconceptions many people have is that “barking at dogs” is repeatedly stuck in the 10k–30k range,纠结 over whether “it’s too high.”
But if you’ve carefully played out this narrative over and over and feel that it’s not wrong—then trust your own judgment once. In the face of a big narrative, there is no such thing as chasing the price up.
The reason you think it’s high is that you’re comparing it to past prices; but what you should really compare it to is where it sits after its narrative is realized.
So not being able to buy the bottom really doesn’t matter. If a big narrative is washed for long enough and the floating supply is cleared clean enough, the very first thing it does when it kicks off is to pull you into a doubling—that isn’t the end; it’s just correcting the pricing of those who were mistakenly sold off earlier.#Bitwise提交NEAR现货ETF最终招股书
But if you’ve carefully played out this narrative over and over and feel that it’s not wrong—then trust your own judgment once. In the face of a big narrative, there is no such thing as chasing the price up.
The reason you think it’s high is that you’re comparing it to past prices; but what you should really compare it to is where it sits after its narrative is realized.
So not being able to buy the bottom really doesn’t matter. If a big narrative is washed for long enough and the floating supply is cleared clean enough, the very first thing it does when it kicks off is to pull you into a doubling—that isn’t the end; it’s just correcting the pricing of those who were mistakenly sold off earlier.#Bitwise提交NEAR现货ETF最终招股书