Caer on Nostr: I find it hard to believe that there won't be a major end-of-bull-run correction. I ...
I find it hard to believe that there won't be a major end-of-bull-run correction. I don't necessarily disagree that 'institutional money' is likely to dampen the sell-off because their money is "more sticky" than retail, but I just don't think most humans can tolerate multi-X investment gain, so this stickyness can only go so far. The fear of a correction and the mental pressure to sell is just too big, especially for people who are new and haven't built hodler conviction levels yet.
My completely educated and uninformed gut instinct is that a 50% correction is the best we can hope for (and would be a MASSIVE narrative if it happened).
Published at
2024-03-12 09:03:21Event JSON
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"content": "I find it hard to believe that there won't be a major end-of-bull-run correction. I don't necessarily disagree that 'institutional money' is likely to dampen the sell-off because their money is \"more sticky\" than retail, but I just don't think most humans can tolerate multi-X investment gain, so this stickyness can only go so far. The fear of a correction and the mental pressure to sell is just too big, especially for people who are new and haven't built hodler conviction levels yet.\n\nMy completely educated and uninformed gut instinct is that a 50% correction is the best we can hope for (and would be a MASSIVE narrative if it happened).",
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