crypto underperformance is not new
it's operating the way it's supposed to, as high-beta risk
I've seen way too many people use the weakness relative to stocks as of recent to proclaim that crypto is dead forever
it's truly incredible how people allow themselves to be caught off-guard by normal market movements
same people who will come back to write threads about how Fartcoin is going to disrupt traditional finance at the highs.
nothing new under the sun.




I think people forget very easily just how quickly and aggressively this space moves when it does.
Lots of time to think about how shit it is when everything else is either pumping or not dumping.
The past 3 months have just compounded feelings for people watching metals rip and crypto suffer at every turn.
But as you rightly point out, high-beta risk market, and as a result exceptional when we start trending upwards again.
exactly.
it's a beautiful thing that we get to trade it the same way as every year for the past 8 years
cause what we're seeing is nothing new under the sun
which means the upside will be largely the same as well
and somehow people will allow themselves to be caught off-guard by it all over again
markets really are fascinating🤝
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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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