Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
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i'm very curious because a lot of tl is still saying things like, "most are still fading hype"

whereas my tl has been shouting hype since tge so like who is most??
😁3
Crypto Mumbles
do you have exposure to hype and/or the eco?
WOW okay ALMOST HALF still not exposed

hope yall polled truthfully

higher higher
🔥9
i remember reading an old article on ct describing how the market has been rewarding wrong takes and a lot of us have carried that same mentality thinking that we were right since we were rewarded

but in fact a lot of folks will eventually be punished
👍9
nearest examples being

xxx is consensus now, this must be top
xxx has the lowest sentiment, this must be bottom

in the past, we were actually rewarded by taking trades like these, so most people actually do carry forward these kinds of reasoning

but i think we will eventually run out of chances to be wrong and make money
👍2
can't blame ourselves because we got pavlov-ed from how the market worked previously and we simply try to repeat what worked to make money again and again

just can't be too comfortable w the conditioning and assume status quo moving forward
👍3
then again, who is to say what reasonings are right or wrong

since its always price <> narrative

you are always wrong until the price goes up and suddenly you are right
👍10
derisked some parts of my pf

things feel sluggish to me, i don't like it

i expected a certain weakness but market feels even weaker than expected

still holding main bags ofc, just slightly trimmed
👍8
Forwarded from Crypto Goodreads
Many similarities.

Both extreme loyal to Do/Jeff. Both getting extremely rich in a short amount of time.

The tunnel vision we see now is not healthy though. With that said the price could probably hit $50.