The market is in this stage where there isn't any evidence yet that billion dollar coins are still a thing, but the signs are there
We have a few coins now that are holding ~200m mc, and a few which bottomed at 40-50m, those used to be targets we could only touch not long ago
People be buying 10% dips on alts and act as if they are buying a -95% pullback after the dev hopped on a plane and said thanks for playing
Looks like some of the last cycles characters crawled out of their caves to give dumb fucking takes when the prices are down
Go figure
was away for a few days and came back to most coins getting absolutely rinsed
I had a few on a watchlist for potential bids but I feel like they dumped way more than I was expecting so I'm probably fading them completely
Will take focus at whatever is holding 20m+ floor still
I'm not quite sure why people look at traders with high pnl oversizing on a trade and think its somehow a bullish signal, you literally become more careless when you hit it big, how else do you think most roundtrip everything they made?
Replying to @ChardySPX
I judge their convictions by them dumping on followers while preaching about it being a good coin.
People that roundtrip usually size in small at the beginning of the trend (they are being defensive, because they just got rekt) and crank up risk late in the trend, as they gain confidence from the runners
You want to do the exact opposite












