NFT Degen | Web3 Investor | SMB PunkDAO Brand Ambassador | Small Business Owner
Oct 20, 2021 • 5 tweets • 2 min read
I've seen a lot of floor concerns today. Although nothing is certain in Crypto/NFTs, here are some regular patterns that VERY frequently repeat themselves. Good to know for any newcomers...
-Money flows out of everything and into #Bitcoin when the price is pumping.
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-When Bitcoin starts to trade sideways, money flows into #Altcoins.
-When Altcoins start to pump, money flows from #NFTs into the native coin to chase the pump. For example, selling a #Solana NFT when $SOL is pumping in order to take advantage of the price appreciation.
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