Was reviewing a project with an upcoming catalyst and a strong setup, same patterns appeared as always:
- Some FUD coming from people who sold the alpha to chase some beta, got rinsed, and blamed the main team for farming on the beta without doing any real onchain DD. Pure greed, now masked as outrage.
Many think rotating into a fresh beta is the best R/R but they blur the "risk" part completely. Consider this: even if the team was involved, which project do you think they have more long-term incentive to back? Unless you're in super early, you're likely exit liquidity.
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- Bottom was made by a “smart” wallet that DCAed into local tops, then in despair dumped six figs at the low for -60%, and on full tilt sent the rest into a rug. A few seconds later, he was left with $2.
Conviction without composure isn’t strength, it’s how big wallets spiral. The size just makes the capitulation more visible.
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