None of this is going how anyone thought it would go. But then again, it never does go how anyone thinks it will go.
Thatโs the thing about crypto, and thatโs what makes it so rewarding.
There has never been a cycle where it was so easy to just get positioned and you will experience insane gains. Every cycle, tons of people come and try to play that game, and it doesnโt work.
I remember thinking the bull run was starting in June of 2019 after just going through the terrible bear market. This was also right before they announced the end of QT in July. We were pumping, but the bull wasnโt starting. It was still over a year before the bull run started.
My point is not that we are 1 year from a bull market, but that there have been many times since 2017 that I can remember how fast people go from โitโs overโ to โwe are so backโ. It flips so quick.
Every single time, the most important thing in every crypto moment was to be positioned.
Be careful and hedge risk, but be positioned and ready.
This has always been most true when things seem really really bad, like they do right now.