me thinks too many of you gave up on crypto as some of the most asymmetric upside opportunities out there

"all alts are zero, free shorts" (after many had drawn down 90%+) "im all in btc now fuck this" "rotating to equities" signs were there

i remember last cycle i capitulated a large stack of pepe at the bottom into btc because i was sick of volatility and holding risk, just for pepe to go on a mind bender run many such cases

but this experience helped me not make this same mistake twice while the timeline was maximally dissonant and tired

everyone turns into a btc maxi at the stone cold bottom of alts, every time

it's not "ohh you're not bullish enough" perma bullish garbage - that stuff is super lame to see on the TL pendulum just swung wayyy too far on the "everything is a scam" depression psychology swing, everyone convincing others shorting alts was a free trade. re-calibration in order, and then the pendulum swings back the other direction until it becomes over extended the other way