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RE: [ℕ𝕖𝕧𝕖𝕣] π•Šπ•–π•π• 𝕐𝕠𝕦𝕣 π”Ήπ•šπ•₯π•”π• π•šπ•Ÿ - Is This Cycle The Great Crypto Reset?

in LeoFinance β€’ 19 days ago

I am completely with you on most of that journey, although I never expected big gains at the start...I expected to lose it all. So far my BTC investment has been the smartest thing this cycle buying the dip since 40K bought most around 20K.

Alts....well you know that story but so far this cycle did not do what I expected and I think we truly are seeing a crypto climate change compared to previous cycles....but I guess that is part of growing up

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Yeah, I still have some BTC from early on. I just plan on holding that. I had more, but I moved it into other things and I am kind of kicking myself for that now. I still hope to one day own a full coin.

Spot on! I’ve been yelling from roof top that alt season won’t be what many expect and people should only count on bitcoin and a tiny small few alts going to and past the 2021 highs. But most just said I was silly and everything would easily break 2021 highs. Particularly ETH I used as example and nobody wanted to listen. Oh well we can only speak and it’s on others to listen or not. ETH is down 80% compared to bitcoins action compared to 2021 highs or 2022 lows. The climate has changed indeed. Alts have been exposed as what most are, trash. Some are exceptions but many are just centralized get rich quick schemes and won’t ever see 2021 ATH’s again.

My criticism of the bitcoin maxis is there β€œits gonna 30X this cycle β€œ calls are just as ridiculous. Once something is over a trillion cap it’s harder to double every further time. Bitcoin will keep going up for sure but it won’t be 10X the previous cycle high. I’d bet 150K to 175K is high later this year which is slightly Bove double the 2021 high, it gets less each cycle and that’s normal given it’s harder to double a trillion than a million or billion. The space in general is to bullish and it’s ridiculous.