Quote:
Originally Posted by fabiani12333
The investment money that came into the hobby during the boom has been slowly unwinding. There is no more private equity or venture capital to fund hobby growth. No more easy money for fly-by-night folks who think or act like prices only go up.
Prices got inflated far beyond sustainable levels during the boom, and there has been a steady market correction since 2021.
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Can you call it a correction when prices will continue to decline through eternity?
In general, buy high and sell lower when you are desperate for cash?
Sounds like a fun “hobby” for investor bois.