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PSA: Hodl with humility

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by COINS NEWS 45 Views

I’d like to remind newer people on this sub that crypto influencers with the craziest predictions are most active when the market is overheated. Some buyers not only buy into these predictions, they confidently start spreading them.

See this thread from 35 days ago. It was on a post about a person cashing out when btc was around 70k. Many people in the comments were very insistent that OP of that post had made a huge mistake by selling at the start of a “massive” bull run. You can see my back and forth with some very confident people. It is not to say that the bull run is durably over, but it does seem like we could be entering into a cool-off period, at the very least for the altcoin market.

I hope that we use this as a reminder to be humble in our opinions when it comes to crypto market. When BTC price goes up, it not only lifts many altcoins with it but also the confidence of many crypto investors. Please stay humble, and remember to take profits along the way.

submitted by /u/daarhi
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