StakeAndEarn_
There’s a saying that really hits home: the most spectacular narratives often come with the most brutal losses.
When the market is hot, MicroStrategy is buying up, BlackRock is building positions, Tether is increasing its holdings, even the US government’s wallets are active. Back then, no one cared about valuations—no matter how expensive, people dared to jump in, as if prices would only ever go up. But once the tide turns and we enter a down cycle, ETFs start seeing continuous net outflows, and some institutions that once bought in loudly suddenly announce they’re selling off at a loss, dump
When the market is hot, MicroStrategy is buying up, BlackRock is building positions, Tether is increasing its holdings, even the US government’s wallets are active. Back then, no one cared about valuations—no matter how expensive, people dared to jump in, as if prices would only ever go up. But once the tide turns and we enter a down cycle, ETFs start seeing continuous net outflows, and some institutions that once bought in loudly suddenly announce they’re selling off at a loss, dump
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