In all honesty, I feel really terrible looking at the insane volatility & altcoin bleed over the past 4 weeks.
It is really tiring. I even puked once at 3am while chart watching.
But that's what they want you to feel.
At the end of the day, I force myself to continue thinking rationally and using my brain from taking actions.
Is this the top, and cycle over? Unlikely - there's so much dry institutional powder ready to deploy; rate cuts hasn't even taken place yet; S&P500 / NASDAQ continues to print ATH
Is this the end of altcoins? Unlikely - we haven't hit insane euphoria yet (in fact we are just entering $ETH phase); mass retail FOMO isn't here yet.
So the right thing to do is to buy and/or hold the right coins through this dip.
As I hold mainly memecoins, the most important questions are:
1) Is the lore still strong, unique & relevant?
2) Is the community still contributing (no matter how small)?
The answer is YES and YES for the coins I'm holding
#FARTCOIN : Farts are funny IRL + first AI Memecoin
$PENGU : Insane IP everywhere, web3's mascot
#SPX6900 : Flip the stock market, TradFi interest
$POPCAT : Most known Cat Meme
$GIKO : First Cat Meme, ASCII Art, 2chan mascot
Yes, you can feel a bit down right now - but it is not the time to give up / doompost.
The day is darkest just before dawn. And good times will com. Soon. Very soon.
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