No matter which markets you’re investing in, this is a good lesson.
The visual below comes from this Yesterday’s Crypto Note. It shows the different scenarios that almost all cyrpto currencies currently find themselves in.
Most are below their former highs, and stuck in a range once again. You can put US Small-caps in that exact same category too, for example.
Homebuilders and Semiconductors look like the one on the left. You can put $LUNA $MANA $SAND $CRO and even $ETH in that category.
And then you can find a lot of nasty Cryptos that look like the one on the right. You can probably put the ARK Funds, Biotechs and China in that bucket too: [Read more…]