I've started being very cautious with the market since yesterday and scaled out most of my trading positions into stable coins. I haven't been around in 2017 but the hype around crypto is getting unreal and I see too many folks being heavily driven by greed. The timing seems to coincide with my first and only FIAT -> Crypto purchase from just a year ago consisting of 2 salaries. Today the 2 salaries are worth 15 salaries, which I am incredibly glad and happy about that as an amateur I was able to pull it off. The plan is to compound the crypto (mainly stablecoins) until the fear phase kicks in and buy back then, with no plans whatsoever to go back into FIAT
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I'm just getting out little by little from the small caps ... each time one of them moves too much. still waiting for ETH to go up in BTC-pair and still thinking that there are too many institutional players involved in the big ones for a drop in this year ...
I agree with you