Three years of silence, and now my IB and PE friends are texting me "is it too late to get in" at the exact local top energy. The retail-friend indicator has never been wrong and it's never been comfortable. How do you answer without either shilling or sounding like a hater?
Send them one reputable explainer, tell them to only risk what they'd light on fire, and refuse to give a price target. That's the only ethical answer.
The "my PE friends are texting" indicator is the new shoeshine-boy indicator and it has the same hit rate. Be careful out there.
Tokens, DeFi, and explaining to compliance why the wallet moved at 3am. Cycles optional, cope mandatory.
＋ New threadMarkets, deals, and the group chat — for people who read the footnotes.