Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Last month I met someone who went hard into $BTC in early October. His logic? Government's printing money like crazy—8% annual currency debasement. Figured crypto would save him from that mess.



Fast forward 30 days: he's sitting on a 35% loss.

Turns out timing matters more than theory. That "inflation hedge" narrative hits different when you're buying near local tops. Market doesn't care about your macro thesis when momentum shifts.

Anyone else buy that October dip that kept dipping?
BTC-0.84%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
ForeverBuyingDipsvip
· 16h ago
No matter how solid the macro discussion is, it can't withstand dumping... This guy is a typical example of being killed by the narrative.
View OriginalReply0
SchroedingerMinervip
· 16h ago
No matter how nice the macro narrative sounds, it can't compare to the phrase "miss out."
View OriginalReply0
SleepTradervip
· 16h ago
The macro narrative can't withstand the market fall, man.
View OriginalReply0
RugPullAlarmvip
· 17h ago
On-chain data has long shown that the concentration of funds in October was absurdly high, with Large Investors' addresses quietly pulling out in batches at the top. Has this guy really not been watching the market? No matter how beautiful the macro narrative sounds, it must align with real-time capital flows. In plain terms, it means being brainwashed by the hype.
View OriginalReply0
BearMarketSurvivorvip
· 17h ago
No matter how good the macro story sounds, it can't withstand dumping, haha.
View OriginalReply0
AlwaysAnonvip
· 17h ago
Speaking of which, this guy is a bit unfortunate; no matter how amazing the theory is, it can't withstand the fall.
View OriginalReply0
ImpermanentLossFanvip
· 17h ago
The macro narrative is just a joke in the face of a 35% loss, truly.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)