Signs of Froth Bingo
When you spot all of these, it might be time to tread alot more carefully:
- Screenshotting PNL like it’s a trophy
- Dream cars and watches sitting in your cart, "just in case"
- Considering selling assets or maxing out credit cards to ape in
- Coinbase/Moonshot/Phantom hitting #1 on app store
- Nocoiner friends sliding into your DMs asking what to “get in”
- Major companies tweeting “gm” and “wagmi”
- Dinocoins getting actual bids
- Mentions of *supercycle* or “this time it’s different”
- Jim Cramer says BTC is a *buy*
- Capo flips bullish (uh oh)
- Institutions start buying arenas, football clubs
- People start tattooing logos of projects (i see u novogatz)
Stay sharp - froth doesn't mean we've topped but could mean we're close to local tops, market is exhausted, etc.
Previous cycle, I took profits too early and missed the explosive run up. Don't be me.
When you spot all of these, it might be time to tread alot more carefully:
- Screenshotting PNL like it’s a trophy
- Dream cars and watches sitting in your cart, "just in case"
- Considering selling assets or maxing out credit cards to ape in
- Coinbase/Moonshot/Phantom hitting #1 on app store
- Nocoiner friends sliding into your DMs asking what to “get in”
- Major companies tweeting “gm” and “wagmi”
- Dinocoins getting actual bids
- Mentions of *supercycle* or “this time it’s different”
- Jim Cramer says BTC is a *buy*
- Capo flips bullish (uh oh)
- Institutions start buying arenas, football clubs
- People start tattooing logos of projects (i see u novogatz)
Stay sharp - froth doesn't mean we've topped but could mean we're close to local tops, market is exhausted, etc.
Previous cycle, I took profits too early and missed the explosive run up. Don't be me.