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exist270
4h ago
I don't sell. 🙃
But be logical here. Look at the ETF flow patterns. The boomers/normies will shit themselves & dump their stack if we see that kind of correction. 💩
I do not fear those levels, but I have also been around long enough to know that VERY few people have the level conviction that I do. 💁♂️
I am realistic about why the newcomers are here. They are not in it for the tech. They are not in it for the fundamentals. They are not in it for the immutability. They are not in it for any of the reasons that the people that "get it" are. They are in it solely for number go up. If number go down 36%, they will ABSOLUTELY paperhand & jump ship. 🤷♂️
I've seen it happen over multiple cycles, am realistic about the psychology of normies & this is a normie cycle at scale. 🤙
But be logical here. Look at the ETF flow patterns. The boomers/normies will shit themselves & dump their stack if we see that kind of correction. 💩
I do not fear those levels, but I have also been around long enough to know that VERY few people have the level conviction that I do. 💁♂️
I am realistic about why the newcomers are here. They are not in it for the tech. They are not in it for the fundamentals. They are not in it for the immutability. They are not in it for any of the reasons that the people that "get it" are. They are in it solely for number go up. If number go down 36%, they will ABSOLUTELY paperhand & jump ship. 🤷♂️
I've seen it happen over multiple cycles, am realistic about the psychology of normies & this is a normie cycle at scale. 🤙
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