For now or forever?
WHO CARES - NOT THE MARKET ---- JUST GET OUT OF THE WAY.
That I'm not trying to get into at the moment. I'm simply trying to point out that over exuberance with the bulls is about to take control.
The panic didn't even begin yet. Nor has some of the despair.
Diamond hands will be eroded by tears is my fear.
Retail has somehow managed to make a good dollar here and there, but I worry that so many of them are so late to the game. They're riding the hype hoping that their account balances will do the same as those they are now watching on YouTube, TicTok, or Instagram and those they hear of in the myth and loor of the subterranean reddits.
I honestly wish I could root them on, but I think they're about to be hit by the full force of the market.
After all, at the bottom of every decision to buy, sell, or hold is an assumption of value.
So only those who are truly versed in the tech and it's use will be those capable of really diamond handing. Maybe a few others.
But you can't tell me, let alone convince me, that when the real blood starts spilling the some odd millions of retail HODLers will remain brave.
Truth is, those overwhelmingly large paper hand retail marginal players will be screaming for the exits. All they wanted was a quick buck "like everyone else". What they didn't divulge is that they are overly levered and are going to be getting those mental margin calls.
I don't know where the bottom is but I am RIDING the hell out of this bear wave.
WHO CARES - NOT THE MARKET ---- JUST GET OUT OF THE WAY.
That I'm not trying to get into at the moment. I'm simply trying to point out that over exuberance with the bulls is about to take control.
The panic didn't even begin yet. Nor has some of the despair.
Diamond hands will be eroded by tears is my fear.
Retail has somehow managed to make a good dollar here and there, but I worry that so many of them are so late to the game. They're riding the hype hoping that their account balances will do the same as those they are now watching on YouTube, TicTok, or Instagram and those they hear of in the myth and loor of the subterranean reddits.
I honestly wish I could root them on, but I think they're about to be hit by the full force of the market.
After all, at the bottom of every decision to buy, sell, or hold is an assumption of value.
So only those who are truly versed in the tech and it's use will be those capable of really diamond handing. Maybe a few others.
But you can't tell me, let alone convince me, that when the real blood starts spilling the some odd millions of retail HODLers will remain brave.
Truth is, those overwhelmingly large paper hand retail marginal players will be screaming for the exits. All they wanted was a quick buck "like everyone else". What they didn't divulge is that they are overly levered and are going to be getting those mental margin calls.
I don't know where the bottom is but I am RIDING the hell out of this bear wave.
