You see enough cycles, you see the same dynamics over and over.
I remember the unbridled euphoria when Bitcoin hit 20k for the very first time. Bulls’ mouths were on the floor.
Then I remember the utter panic and dysfunction this place was in at 20k five years later.
As the months ahead usher in the next round of mania, understand how it will go…
Bitcoin is the gas, and that gas pumps into large caps, catching most completely offside (already started).
Large memes accompany this part, but it’s nothing like what comes later.
As the gas flows to mid caps, retail starts to pile in. The same people who asked “you still in that crypto stuff lol?” in 2022, will text you asking if it’s too late to get in.
As euphoria sets in (true euphoria, not the buzz word thrown around at every local correction), pure nonsense is sending. No one is sleeping, as it seems you can throw a dart at a ticker and 5x in 30 minutes.
It will feel like it will never end. You won’t be able to remember a time you didn’t think the market would pump.
But it will. And if you don’t have a plan ready when mania hits, it will be too late. You’ll have no clue how/when to exit, and will probably round trip.
If you’re here, you probably are better positioned than 90% will ever be. Don’t waste it. Take your exit strategy as seriously as you took your conviction when you bought in a ghost town. Execute when the time comes. And ignore the noise.