Simmo

the level of fear and panic in the atmosphere today is something i haven't seen in a long, long time the amount of people calling 'cycle top' on X right now... is crazy! we literally had altcoins nuke 80 - 90% in minutes on October 10 and people were a lot more bullish then than they are right now i know it's like we just keep on dipping and buying dips and then we dip further and buy the dips even more and dip even further and buy even more ad infinitum and it's annoying, extremely frustrating, and fear inducing tbh the fear almost got to me today... which shows just how bad things have gotten! that said, i've learned the hard way that the moment to take the boldest, most audacious steps is when i am so fearful... especially when i might have been so overconfident in general prior as a wise man once said, 'be greedy when others are fearful and fearful when others are greedy' at the end of the day you simply need to ask if anything has changed except price relentlessly grinding down almost non-stop of course your gut heavily tells you something has changed: 'why the hell do we keep dumping... it just doesn't make sense!' CT is also shouting the same, as they have dozens of times every single time we've had a more than normal dip this cycle but then you look at BTC and it is only down 16% from ATHs — and 20 - 40% pullbacks are very commonplace in bull markets! i know altcoins are getting obliterated... but altcoins routinely crash 50 - 90% and then bounce back and make new ATHs. memecoins even more so. as unpleasant as it sounds, there's nothing new there! i think the relentless dumps we've been experiencing in crypto have hit harder not just because we're dumping, because the intensity of these dumps isn't really new for those who have been in this space for a long time, but because the dump is happening while everything else has been pumping for a long time: gold, stocks, commodities, etc this just feels like a cursed bull run, i know, but is this really the first time we've been subjected to pain, fear, and panic-inducing relentless dumps that makes everyone think it's all so over just before we have some aggressive face-melting pump out of nowhere? of course it is not! which is why you must not give up now, at least if you're holding strong, high-conviction plays there is light at the end of the tunnel