Thread by @EarthDeFIRE

Wild #crypto #bull and #bear market idea thread:

There won’t be much bear market anymore like we saw back in 2010-2019; why?

1. Too many people know this #digital #asset now; with 1% high net worth will do anything in their power to buy the dip (ask their fin. advisor)

2. #Bitcoin become real reserve in many companies and few small countries now, ok, it can dip down even to 20-30k still in the future with bad news and regulations

3. With 2. if #BTC drawdown a lot from now (45-50k range), #altcoin will take hits too; of course, with bad #shitcoin they will likely drop 40-99%. pick your asset carefully! but the winner will retain value; 20-50% drop may happen; #HODL! if it's good #fundamental!

4. now u ask; is this not bear market? not really! but the old world #tradition #finance guy would say so; but #volatility happen like this in small market cap coins, and crypto ecosystem is still small with entire world asset; check out for better 'picture' link below.

4.1 All of the World’s Money and Markets in One Visualization (note that this is actually not so much update; May 2020 about 2.2B market cap as whole; now is about 2T market cap #TOTAL crypto market.

visualcapitalist.com/all-of-the-wor…

5. So, what will happen will be #asset #reallocation; people will move #fund flow; to attractive assets; maybe #NFT, #GameFi, #Enterprise #Blockchain, #Institution Blockchain, #DeFi, etc. market cap will swing $ 1-3T easily; but I doubt it will hardly can drop dead below $ 1T

6.1 How to prepare? you won't catch the bottom #dip, you won't be #trend starter, you won't be that 0.01% #early #adaptor, maybe you can be #lucky (or #believer) winner that actually did above, but if you aren't #whale, it won't happen easily, means #TIME will tell the investment

6.2 FIN

A. Pick great #Fundamental #Crypto #Asset

B. #DCA it in weekly or monthly; up or down with at least 2-5 years time period

C. #HODL it!! think if you going to use it for #retirement or your grandchild in future

D. Although if it's up 2x 5x 10x; take some #profit!!

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