There’s a fruit stand downstairs from me. The woman who runs it is incredibly honest.
A while back, she brought in a batch of cherries. The day she put them out, a crowd gathered around—some asking the price, some taking photos, others saying, “Save me two jin.” But the next day, there were fewer people. The day after that, fewer still.
I asked her, “Are the cherries not tasty?”
She said, “They’re delicious. But people just wanted to check them out while they were still something new.”
The novelty wears off even faster than fruit goes bad.
An ETF is kind of like that cherry stand.
It makes “I want to get involved” incredibly easy—you don’t need to register, remember a password, or worry about getting hacked. So lots of people showed up.
But “I want to get involved” and “I want to hold on for the long term” are two different things.
Record-high outflows for a week, the highest in eight months—in plain English, that means the people who came to see what was new have left.
There’s no shame in that, and it’s nothing to be afraid of.
The real questions are: Is the stand still there? Are the fruits still any good?
If the answer is yes, then it’s just the onlookers who left, while the real buyers stayed.
If the answer is no, then no matter how many people come in, they’re just lining up to watch the spectacle.
Don’t focus on foot traffic. Focus on repeat customers.
$SOL $牛来 #美国现货XRPETF周流出创8个月新高
A while back, she brought in a batch of cherries. The day she put them out, a crowd gathered around—some asking the price, some taking photos, others saying, “Save me two jin.” But the next day, there were fewer people. The day after that, fewer still.
I asked her, “Are the cherries not tasty?”
She said, “They’re delicious. But people just wanted to check them out while they were still something new.”
The novelty wears off even faster than fruit goes bad.
An ETF is kind of like that cherry stand.
It makes “I want to get involved” incredibly easy—you don’t need to register, remember a password, or worry about getting hacked. So lots of people showed up.
But “I want to get involved” and “I want to hold on for the long term” are two different things.
Record-high outflows for a week, the highest in eight months—in plain English, that means the people who came to see what was new have left.
There’s no shame in that, and it’s nothing to be afraid of.
The real questions are: Is the stand still there? Are the fruits still any good?
If the answer is yes, then it’s just the onlookers who left, while the real buyers stayed.
If the answer is no, then no matter how many people come in, they’re just lining up to watch the spectacle.
Don’t focus on foot traffic. Focus on repeat customers.
$SOL $牛来 #美国现货XRPETF周流出创8个月新高
