Crypto Season: $300 billion chopped from the crypto market cap in 24 hours. What now?
4 min readSep 8, 2021
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“Every once in a while, I’d have to take a beating. But by then, I didn’t care. The way I saw it, everybody takes a beating sometime.”
-Henry Hill from GoodFellas
Bitcoin dropped, Ethereum dropped, longs were liquidated, margins were called. I woke up this morning, pulled up CoinGecko, and wanted to throw my phone. I put it down, turned over, and went back to sleep. No point in counting my paper losses while I was still tired.