Aave/Lend proves that crypto is well and alive

2020년 6월 18일

I am rationale person. It took me very long time to learn how to be objective and look at data and facts versus just being emotional.

Aave/Lend is almost 50x from 2019 low and another doubling will bring it back to 2017 all time high. Chainlink has already broken above its all time high long time ago and its value is around billion. Of course maybe it is an important project or protocol to have such value.

Regardless, market is not moved by all the small fish, they are moved by the whales. It doesn't matter if this thing is being moved by Teeka Tiwari or some other people or some unknown whales. It doesn't matter.

Market is moved by humans. Period. Capital flows is such an interesting study by itself.

But I have learnt that everything is interrelated. The fact that Nasdaq has been so strong is a positive thing for the whole crypto space because it provides capital and confidence that Tech and Innovation are doing well.

Nasdaq is a proxy to Innovation and Tech.

Aave/Lend is one of the proof that SOME altcoins will make a comeback, go back to their all time high or might even go beyond that. It all depends on how many liquidity/capital lying around waiting to be deployed. This is not the small fish gain. This is the big whales game. With more money easing and stimulus, we expect that more and more capital will go into stocks and assets and risky assets like crypto (eventually).

I don't expect people to put life savings in coins like this. But even if you put 100 bucks at 30 sat, you will be making 5000 dollars. That's the difference between people who understands risk versus a gambler.

Regards.

P/S: Stop reaching out to me. I don't have time to read messages and comments.