I believe so as well with the wild card being a US and global recession. The whole crypto space hasn't been through a true economic downturn. What I try to preach is risk management. 100% BTC or 100% crypto isn't sound risk management but a lot of folks are doing just that right now. Gives me pause when I see that.
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What matters the most is what you do with your funds… Let others get rekt. It’s hard to heal the masses.