To clarify I'm not pointing to a bearish sentiment (though one could point not only to the China news but to the increased regulatory pressure from the SEC in the US, Canada, Singapore, and others as potentially bearish) as much as to increased downside risk and decreased short term upside.
Personally I am acting on this belief by reducing my risk profile in crypto positions to those I'm more comfortable holding through a possible correction or even bear market, but that doesn't mean selling all or going short.
Monero in particular I haven't yet sold any at all (in a long time), but I'm considering lightening up on that too here. >100 USD/XMR and >1 billion USD cap is great, but again, short- to mid-term, relatively reduced upside and increased risk.
Very interesting posts smooth. Also I respect your work.
Are you never expecting XMR to go big time then? Like 3K-5KUSD?
You sentiment seems to indicate this kind of growth is impossible due to saturation of the market.
EDIT: Also love to hear from Aminorex on this.
I never said anything about never. I'm referring to short and medium term. I see a good possibility this current bull run in crypto may be close to running out of steem. That doesn't mean crypto doesn't have a bigger future but it requires both internal and external changes, which may come more slowly.
Then again, nothing is guaranteed. I may be completely wrong.