#加密货币ETF Damn, Korean retail investors are really top-level gamblers 😭 BitMine has dropped 80% from its peak and is still pouring in 1.4 billion USD, and some are buying 2x leveraged ETFs that have fallen to -86% without running away? Is this what you call faith, brothers?
But I have to say, Peter Thiel's endorsement + Tom Lee's Ethereum accumulation logic does have some substance. Instead of saying they are betting on BitMine's stock price, it's more like they are betting on the future of ETH. The current pullback looks terrifying, but the retail investors daring to throw so much money in indicates they are not bottom-fishing—they are dollar-cost averaging their conviction.
This wave of market movement has taught me one thing: true opportunities often appear when others are fearful, but the prerequisite is choosing the right track. The FOMO during the rise of a project like BitMine is different. Now that it has fallen so hard, it’s even more interesting. Let’s wait and see if there will be a reverse frenzy 🚀
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#加密货币ETF Damn, Korean retail investors are really top-level gamblers 😭 BitMine has dropped 80% from its peak and is still pouring in 1.4 billion USD, and some are buying 2x leveraged ETFs that have fallen to -86% without running away? Is this what you call faith, brothers?
But I have to say, Peter Thiel's endorsement + Tom Lee's Ethereum accumulation logic does have some substance. Instead of saying they are betting on BitMine's stock price, it's more like they are betting on the future of ETH. The current pullback looks terrifying, but the retail investors daring to throw so much money in indicates they are not bottom-fishing—they are dollar-cost averaging their conviction.
This wave of market movement has taught me one thing: true opportunities often appear when others are fearful, but the prerequisite is choosing the right track. The FOMO during the rise of a project like BitMine is different. Now that it has fallen so hard, it’s even more interesting. Let’s wait and see if there will be a reverse frenzy 🚀