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!