Mostly flat atm. MNAV around 1, inflows on $ETH dats are slowing down, SPX at ATH and seasonsality in favour for BTC dom and $btc compared to $eth sep-oct. Playing defence here and mostly stabled up. Could cost me 20% of upside, or a lot more downside. R/R seems decent to play defence. I tp'ed in August but I also made some mistakes. I had some huge positions in alts with insufficient liquidity, which resulted in a 50% haircut, leaving me quite shaken mostly due to a drop of $eth which rugged on chain. Still up nicely and better than just holding $eth from $2600, BUT it also consumes a lot of time which just hurts. I really feel that on-chain is getting harder and harder. There are literally new "good" projects shilled by decent accounts and they barely went up or just rugged downwards for no reason. Other "gems" which are found only sustain for a day or three before we rotate (again) to the next gem. It might not be worth it anymore. No one knows what is going to happen...
22.88K
3
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.