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Cyrus Younessi @cyounessi1
, 4 tweets, 1 min read Read on Twitter
Seems like this tweet got a lot of love from anti-alt traders. I think some clarifications are in order.
Liquidity is just **one** aspect of investing. A crucial, often overlooked aspect, for sure. But fundamentals still matter. And finding solid innovations in the crypto space can be hugely profitable and worth it despite less liquidity. Nascent coins are on a different time scale.
In particular, liquidity crunches hit hardest for massively premined, manipulated, or otherwise completely hot-air coins. I don't want to re-name names, but there are obviously common ones that come to mind. In any case, in the end technology and innovation reign supreme
I personally continue to be long-term bullish for many alts, in particular Eth and some privacy ones. I'm merely acknowledging that liquidity takes a heavy toll on investors during bear markets, especially for retail traders with weak hands.
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