June 2021 market view

Hi all,

Back in August, we talked about how everything is setup for a massive rally and we were right. In April, we talked about how the market is at an important inflection point where the market caps of many altcoins were absolutely irrational signaling a bubble. That was the market top and we were right again. Lastly, we talked about how risky are Defi investments , something the naïve investors discovered the hard way after many, many, many defi hacks and wallets drained.

The current market is a bit crazy in our opinion. First of all nothing is very clear. Anyone that says can predict how the market will turn is a charlatan. Technical analysis experts are all charlatans too. That’s our main position right now that there is no clear signal. One of the editors thinks that since the AMC/GME shenanigans are again back on the wall street menu and Dogecoin also skyrocketed, maybe we see a silly season again. What that means? Bubbles, vaporware altcoins with market caps above Boeing’s and scams. Can $$$ be made? Sure. Can $$$ be lost? Certainly.