swarmik

“Your thesis on buying a particular asset has already crossed the minds of those who are currently down 70–90%, or perhaps even 99%. Of course, I think the best times to buy, or rather to ‘invest’, if you can even call it that in crypto… it’s more like speculation. Overall, I think the best time is August through November. I’m not expecting a repeat of 10.10, but I think the price of most assets will drop by at least 30–50%. (I want to buy Solana at $56 when I see it.) However, understand that even if you see prices as potentially attractive right now, or if a project has broken through some imaginary resistance level… that doesn’t mean it won’t drop. Yes, prices may rise in the next 1–2 weeks, and it will seem like they’ve risen sharply. But just remember that for most projects, even the highest-quality ones, to reach their peaks, they need to achieve 10x, 20x, or 50x growth. and there are always idiots who bought at the top. Think about who might be working against the growth: those poor people who simply bought before you, most likely with the exact same arguments you have in your head. Remember that these charts I’m referencing are the very embodiment of crypto. I’m not leaving the party, and I’m not even thinking about it. I love the volatility; I need it. But I don’t view the last two years of crypto as an investment in something useful. In my view, utility currently makes sense in projects that indirectly (without a direct goal) help developers take money from retail investors. For example, Hyperliquid, but simply because it’s an exchange and the best one right now, and it’s also VERY necessary for Trump along with TradeXYZ; both tools were literally essential for him. Think about it.”