First, I'm a borderline maxi. I only own BTC, and I've been stacking since 2017. Never sold any. I HAVE tried trading alts at various times to stack more in the short-term. But, I mostly sucked at it. So, I went to more of a standard DCA.
There's plenty of reason to be bullish long-term.
BUT
I feel like this rally is a bit too much too fast. It smells like a sell the news when the ETF is approved. Besides, it will take time before the funds are actually set up and buying and even longer for the average investor to start using them. Also, the etfs bring risks that I don't love.
Is anyone skeptical at how quickly it's going up? Supposedly 85+% of holders are in profits. That usually means we'll take a dump at some point. I mean, I buy daily regardless. My current cost basis is ~25k. So, I'm good. I'm not sure I'll ever sell any, either. But, this still spooks me short-term.
Thoughts?
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