I guess the coins I like the most going into the new cycle are these:
1. $HYPE (perps, L1)
2. $TAO (AI, L1)
3. $NEAR (AI, L1, privacy)
4. $LIT (perps, the best bet on perps after HYPE)
5. $PUMP (memecoins, speculation)
6. $ZEC (L1, privacy)
7. $MON (new L1)
8. $MEGA (new L2)
People are max bearish after seeing stocks nuke over the last week. But calling for Black Monday is too much IMO.
So first of all, we won't have a Black Monday like 1987 again, when it went down 22% in a single day.
After this event, Wall Street implemented circuit breakers
Over the last month, I've been more or less away from the screen on Saturdays, and to my surprise, I didn't really miss much at all. Feels good to have some more grass time. It's been a habit to always be online, especially since I lost a lot on a Saturday when BTC and ETH
The reason is simple.
If it was luck, most people would instead confuse it with skill and continue in the hope of earning more —> eventually roundtrip everything
If it was skill —> why would you quit something you’re good at and earning money consistently from?
Machi(@machibigbrother) just got fully liquidated!
Over the past 4 months, Machi turned just $56K into $12.25M through trading, and now he is back down to $21.8K.
What a roller coaster!
hypurrscan.io/address/0x020c…
Ngl, it's still a strange feeling to make more from a position while you're asleep than from a month of work.
I guess I'll just never get used to this.
