Past weeks, I have been asked the same question over & over: Does it still make sense for me to buy crypto now? My answer is the same. "Most" people shouldn't buy crypto here & I'll tell you why. Look at that green box. That's a big-ass green box. (2 and a half years in the making) If you didn't manage to allocate yourself during that period, why would you be capable of capitalizing on the final impulsive move, which initially might feel very rewarding, but the majority of newcomers will end up messing it up. (just like during every prior cycle) Without sounding too harsh, most people are not great when it comes to timing their exposure properly. Many who will enter now after BTC breaks its ATH will take out loans to increase their exposure significantly, the higher we go. (90% should probably scale out a little % of their exposure every week from today till Christmas) I'm not saying there's no money to be made, cause that is not the case. Arguably, the MOST money will be made in the coming 2-3 quarters, but unfortunately, the guy going all-in in the red box without any previous allocation in the green is unlikely to be the person who realizes their paper wealth. Be ready for fireworks, but make sure you don't end up holding the stick.
58,92K