The Rabbit Hole #6🕳

For anyone who needs this reminder as they watch their portfolio shrink this week: When in doubt, just zoom out! Look at the YoY growth🙌 $ETH is still up 100%, $MATIC 4.9k%, and $SOL 2.8k%!

The truth is crypto’s volatility is unmatched. Gut-wrenching 30–40% corrections are expected and I would even argue…don’t hate me….healthy!

Any asset that goes up more than 20–30% is regularly referred to as a high-performing investment in the finance world but now with crypto we see +1,000% gains….nothing can go up that high without correcting a significant amount occasionally. This also allows for great buy opportunities and cheaper entrances for new adopters — which is great for everyone! But nonetheless, we can all admit this week hurt just a bit💀

BTC still seems to drive a lot of the market so how will this bear cycle affect all-time highs in the market? Vote on LinkedIn!

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Researcher @ The Rabbit Hole | Associate @ the Rines Angel Fund | VP @ UNH E-Club | UNH Honors Student | DeFi + Web 3.0 Enthusiast 🚀💡

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derek_xyz

derek_xyz

Researcher @ The Rabbit Hole | Associate @ the Rines Angel Fund | VP @ UNH E-Club | UNH Honors Student | DeFi + Web 3.0 Enthusiast 🚀💡

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The Rabbit Hole #7🕳