How alts work
Market up
> "Lemme buy this dogshit pile of poo given similar dogshit piles of poo have 10x the value, good R/R, easy decision"
Market down
> "Why the fuck do I own a dogshit pile of poo am I retarded? I should probably sell..."
The only way for that not to be the case is when people actually think they're owning the future of France
DEFI did that in 2021, alts generally did that in 2017
But given this is the disillusion/peak gamblefication cycle focused on "everything is worthless anyway so might as well buy memes" everyone is paper handed to the max this time around
Need to get rid of that attitude for alts to truly shine