I'm thinking of selling everything except a moonbag on the next big euphoria run
Smells dangerously close to the top
We're most likely taking a break til at least late august.
I'm already tethered on everything except for memes
Basically we're expecting 3 news to start a bullrun.
- For the Ukraine fiasco to finish.
- For Trump to get elected (maybe that will solve 1).
- Maybe the release of the new pandemic, which will cause a crash first and then kick off the new bullrun. Rates dropping .
I actually think alts rip again soon. . Most things will go up in a bull run. The question is how high they get and will they stay up for enough time for you take profits. Most middle cap memecoins has potential for multiples right now at its market cap. Maybe it doesn’t get as high as you think but it won’t rug you. The R/R for memes, especially the ones with a solid history is better than L1s at this point in the cycle. Yes a lot of other memes have shot past us this cycle, but I take solace in that we are yet to have the OG memes ‘Doge & Shib’ make parabolic runs, both are just 2-3x off their bear market lows.
