Assets' Impossible Triangle: Any type of asset cannot satisfy being good, cheap, and unknown to others simultaneously.
❗️Assets that are good naturally become expensive, and it’s impossible that only you know about them. ❗️Cheap assets, you shouldn’t expect them to be very good, but it’s possible that others don’t know about them. ❗️Assets that others don’t know about, due to poor consensus, are likely to be cheap, but whether they are good or not is hard to say. Just like most people in the crypto world like to play with altcoins, they are always hoping for an asset that is good, cheap, and unknown to others. Then, after buying in for five minutes, they start to pump the price, continuously pushing it up a thousand times without any correction, otherwise they will curse the whales for harvesting the retail investors.
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Assets' Impossible Triangle: Any type of asset cannot satisfy being good, cheap, and unknown to others simultaneously.
❗️Assets that are good naturally become expensive, and it’s impossible that only you know about them.
❗️Cheap assets, you shouldn’t expect them to be very good, but it’s possible that others don’t know about them.
❗️Assets that others don’t know about, due to poor consensus, are likely to be cheap, but whether they are good or not is hard to say.
Just like most people in the crypto world like to play with altcoins, they are always hoping for an asset that is good, cheap, and unknown to others. Then, after buying in for five minutes, they start to pump the price, continuously pushing it up a thousand times without any correction, otherwise they will curse the whales for harvesting the retail investors.