Foreigners are once again saying Web3 is dead. A while ago, we saw a lot of this sentiment in Chinese-speaking circles too.
From a retail investor’s perspective, things really do feel hopeless right now.
During the last bear market, we could still hang in there, grind for airdrops, or buy the dip on altcoins and bet on a 100x.
As long as you weren’t lazy, there was always some unconventional way to make money.
Now, those obvious, sure-fire opportunities have completely disappeared.
During this dead period, you can stay in cash and sit out crypto, but absolutely don’t leave for good or stop paying attention.
The underlying infrastructure is still evolving, and capital is still flowing.
The next cycle’s opportunities could emerge in an entirely new form at any moment.
Keep your hands in check, and be realistic about the size of your capital.
If you want to play it safe, dollar-cost average into BTC and steadily earn the industry’s beta returns.
If you want to aim for outsized gains with a small stake, lie low completely.
Hold onto your cash and patiently wait for the next truly major trend to take shape.
$MSFTB
From a retail investor’s perspective, things really do feel hopeless right now.
During the last bear market, we could still hang in there, grind for airdrops, or buy the dip on altcoins and bet on a 100x.
As long as you weren’t lazy, there was always some unconventional way to make money.
Now, those obvious, sure-fire opportunities have completely disappeared.
During this dead period, you can stay in cash and sit out crypto, but absolutely don’t leave for good or stop paying attention.
The underlying infrastructure is still evolving, and capital is still flowing.
The next cycle’s opportunities could emerge in an entirely new form at any moment.
Keep your hands in check, and be realistic about the size of your capital.
If you want to play it safe, dollar-cost average into BTC and steadily earn the industry’s beta returns.
If you want to aim for outsized gains with a small stake, lie low completely.
Hold onto your cash and patiently wait for the next truly major trend to take shape.
$MSFTB