Trying to do a survey with my Twitter account and getting this feedback from the crowd. Looks like majority are still have the market sentiment that bull market is here to stay and will keep hodl. With such volatility, I think it is wise to just hodl our position and observe. Even though Solana ecosystem coins are appreciating like there is no dumping in the market, I am still bullish about how Polygon, L2 for Ethereum will perform when BTC gain back its 50k and beyond price range.
On the other hand, there are some who continuously DCA buying in which most of them are diamond hands, able to be patience throughout these rough times and take profit when the bull hits us. Some even able to hold long term until the next cycle which is something admirable.
Minority are taking profits from this bearish trend and I would say we can still rebalance our portfolio to achieve good gain from the recovery.
As of now, I see the market has regain some “pump” after Elon’s tweet. Let’s see how the trend will go in the next few weeks into the 3rd quarter of the year! Times really fly and this is a hell of a year to be in to really have insane gain and ride into the winter soon.
What are your thoughts currently about the market and how are you reacting to it? Open to hear some comments or feedback about this. It would be a great discussion and a sharing of perspective to ride through this bull run.
Feel free to give me a follow for my Twitter as I am active there as well:
https://twitter.com/zhaoweik/status/1393927120368246792?s=21
- zhaoweik