Such opinions are the norm at this stage. It can be said that "there are many more coins than in 2017 and 2021." This is true, but liquidity has also increased many times over. Funds started entering crypto a long time ago with billions of dollars, many contracts and collaborations.
They trained people to believe that you won't take more than 8X.
And when coins from the bottom really show 8X - many people will exit the market, sell everything, or even go to 0.
And the market will continue to fly. So what to do? Right! Enter at the highs. Because? Because of FOMO.
The scheme is as old as the world:
- destroy faith in the asset,
- show a small growth
- people sell at the lows
- the asset grows even further
- people jump in due to FOMO
- a bear market begins
And right now we are at the stage of disbelief at the bounce. People simply cannot believe in 10X. Time will show everything.