Alliance DAO co-founder: Several top investors are currently pessimistic, and reducing some crypto positions is reasonable.

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ChainCatcher reports that QwQiao, co-founder of Alliance DAO, posted on social media, "Most of the smart traders and long-term investors I follow are currently pessimistic, and this view spans different timeframes. I myself have been nervous about the crypto market since mid-September for various reasons."

As a long-term optimist, I've never truly committed to being completely bearish on the market. However, when most conditions coincide, I believe it's reasonable to at least reduce one's position.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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