Thanks mate, I am bullish blockchain and FGF sit ahead of the pack in terms of potential risk/reward. I was fortunate enough to get set with lithium early before the insto money drove them higher. FGF at this point also poses minimal CR risk and has plenty of catalysts that can move it to test old highs and beyond. The next 1-6 months will be interesting as I believe wave 2 will hit some time in this period.
Wave 1 = those who got set very early and eventually wider retail money driving the end of the wave to its peak (december/january)
Wave 2 = insto/smart money accumulating the lows as retailers from wave 1 capitulate, the sector is gradually derisked as it consolidates and insto money moves in. I think we are in the very early stages of wave 2 atm.
