This is not about price predictions or Aave/Solana in particular. Stellar and XRP are further examples which I'm even invested in. They all look similar. I noticed how cycles in tech can work and many newcomers believe that "next month is alt season" or "alt season is about to happen soon". At least that is what influencers tell unwary followers to keep them watching/liking.
The Amazon stock price chart shows how explosive and speculative the first wave can be (just like in crypto). Wave two often corrects more then 50 % of wave one and uninformed traders lose almost all of their capital. Wave three is often surprisingly long in time and/or price. It's not a guarantee that wave three has to take more than 10 years but the fundamentals have to catch up at some point and 100.000 % are never justifiable in such a short period of time. At the present time, the crypto adoption is still at the beginning but prices are not.
Just my thoughts on this topic because I hear so much false informations, predictive programming, gas lighting and more on twitter/youtube and some people fall for it.
The Amazon stock price chart shows how explosive and speculative the first wave can be (just like in crypto). Wave two often corrects more then 50 % of wave one and uninformed traders lose almost all of their capital. Wave three is often surprisingly long in time and/or price. It's not a guarantee that wave three has to take more than 10 years but the fundamentals have to catch up at some point and 100.000 % are never justifiable in such a short period of time. At the present time, the crypto adoption is still at the beginning but prices are not.
Just my thoughts on this topic because I hear so much false informations, predictive programming, gas lighting and more on twitter/youtube and some people fall for it.