No, who’s still trading crypto? Stocks are about to take over crypto’s turf!
Why did we get into crypto in the first place? Wasn’t it because of the huge volatility and all the opportunities? A daily gain of 10 or 20 percent was nothing unusual.
But now, just look at the newly added TradFi section on Binance: SOXL is up 25% in a day, SanDisk is up 18%, Micron Technology is up 16%, SK Hynix is up 13%, and even Nvidia is up 5%.
Now look back at the Crypto section: BTC is up 1%, ETH is up 2%, SOL is up 2%, and the other altcoins are barely moving.
And what bothers me most isn’t even the gains—it’s the quality of the market!
When stocks break into a trend, money keeps flowing in and driving them higher, with one rally after another. Crypto, on the other hand? You’re lucky to get a 3–5% bump, only for it to get dumped right back down. Every day, it’s long and short traders getting wrecked alike.
It used to be stock investors who envied crypto’s get-rich-quick stories. Now crypto traders are starting to envy the trend-driven moves in US stocks.
Binance is even offering contracts tied to US stocks now. People used to come to Binance to trade crypto; now some might come specifically to trade stocks.
Where the money goes, that’s where the opportunities are. Why insist on fighting it out in crypto?
#TradFi #crypto
Why did we get into crypto in the first place? Wasn’t it because of the huge volatility and all the opportunities? A daily gain of 10 or 20 percent was nothing unusual.
But now, just look at the newly added TradFi section on Binance: SOXL is up 25% in a day, SanDisk is up 18%, Micron Technology is up 16%, SK Hynix is up 13%, and even Nvidia is up 5%.
Now look back at the Crypto section: BTC is up 1%, ETH is up 2%, SOL is up 2%, and the other altcoins are barely moving.
And what bothers me most isn’t even the gains—it’s the quality of the market!
When stocks break into a trend, money keeps flowing in and driving them higher, with one rally after another. Crypto, on the other hand? You’re lucky to get a 3–5% bump, only for it to get dumped right back down. Every day, it’s long and short traders getting wrecked alike.
It used to be stock investors who envied crypto’s get-rich-quick stories. Now crypto traders are starting to envy the trend-driven moves in US stocks.
Binance is even offering contracts tied to US stocks now. People used to come to Binance to trade crypto; now some might come specifically to trade stocks.
Where the money goes, that’s where the opportunities are. Why insist on fighting it out in crypto?
#TradFi #crypto
