for what purpose does everyone on CT psychologically torture themself with these prices [majority even spot holder] when this is the prices you were begging to be filled at a month ago?
if you are a believer in your thesis, the price is a gift. if your thesis is wrong and you acted on it, you made the right choice. it is more efficient in the grand scheme of things to act on a thesis and be wrong than make money from factors you don’t understand
bottom is probably when a country or large DAT starts capitulating all their pico-top acquired holdings, but if you believe in the market long-term these prices are as asymmetric as you can get.
slowly filling into long term spot holdings as everyone fears and gets chopped away trying to scalp 0.5% moves
maybe it goes lower first, maybe it doesn’t. that’s why you buy spot and hold, not 100x leverage your networth.
