TechFlow news — In a newly published article, Arthur Hayes noted that some people are proudly boasting about buying Solana below $10 and selling at $200. However, the smarter move was converting fiat into crypto during the 2021–2023 bear market and gradually reducing positions during the price rally in the first quarter of this year. Swapping meme coins into Bitcoin would have been the right decision—Bitcoin is the hardest money in history. But exchanging meme coins for fiat that isn't immediately needed is a mistake. Existing fiat will continue to be printed until the system resets.
Bull markets are rare; failing to maximize profits during one is tragic. True crypto legends buy the left curve—continuously accumulating and holding. Central banks around the world are devaluing their currencies to alleviate government debt burdens, while traditional finance has already begun profiting from crypto derivatives.
The fundamental reason for crypto's strong performance against fiat lies in global monetary devaluation policies. For now, resist the urge to sell and continue increasing your positions—stick to the left curve. After the U.S. tax deadline and Bitcoin halving, the market will enter a period rich with opportunities. As crypto volatility declines, it becomes an ideal time to gradually build exposure. The coming months will provide a golden window to increase positions.
