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im beginning to feel like ETF isnt the "good thing" its supposed to be from retails perspective. sure it does provide some gains, but it also removes alot of the volatility we all like to prey on
HungryKirby
I may buy banano today lol makes wild monkey noises
im beginning to feel like ETF isnt the "good thing" its supposed to be from retails perspective. sure it does provide some gains, but it also removes alot of the volatility we all like to prey on
Its really just a fundamental narrative on top of the liquidity cycle imo. Dont think itll mature prices at all. Still think alts with ETFs get a 85%+ correction in the bear market
Vincent
Was thinking about jumping in. Been hearing a lot about it recently including the ETF filing
I wouldn’t jump in based on the etf filing. The SEC has 6 months to make a decision on any new etf and going by past experience they take the full 6 months. The ETFs for solana.. that 6 months expires in October.
1
5:06
I’m saying that I think if we have a true alt season SEI probably does very well
1
Kolane | Will not DM you
im beginning to feel like ETF isnt the "good thing" its supposed to be from retails perspective. sure it does provide some gains, but it also removes alot of the volatility we all like to prey on
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it could always be buy the rumor, sell the news kind of event
19:08
that said i just talked to a friend of mine earlier and he feels like we have topped out already and that prices are way overbought at the moment. A crash is eminent. He told me there's a co-relation with the stock market and just to stay caution. In the short term, he expects 50% dips for alt's, 10-20% dips for btc/eth before we get a pump up.
19:08
my plan is to take a bit of profits for now to rebuy back lower as I'm unsure what would happen.
19:08
but if my friend's thesis is wrong, I'm also gonna make money either way. hehe
What do guys think about the upcoming ppi and cpi would it be the shot we are all waiting or it's going to be a slow bull run as a result of rate cut being on hold
Yeah the current news should be okay because it's not a war it's an attack and Qatar probably would not do anything about it just a comment and it's done
I opened my discord and went to this channel and it had @Slickchick7 | Will Not DM You you tagged for some reason. Is... the alt season aping in soon?!
I opened my discord and went to this channel and it had @Slickchick7 | Will Not DM You you tagged for some reason. Is... the alt season aping in soon?!