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In July 2022, I wrote a post about “The Coming Echo Bubble”, it was mainly based on Cobie and GCR’s tweets about echo bubble which referenced the 2019 bubble.
Funnily enough, I end the post by writing
The point of this post is to tell you that the best trader I know said that an echo bubble is coming. Until then we wait or at least try to wait and not get rekt by sam.
Now that (almost) everyone has been rekt by sam, seems like the perfect time to echo.
Also GCR mentioned that 2023 will be the opposite of his 2022 main thesis.
In 2022, he shorted coins where large supply of tokens were yet to be unlocked.
In 2023, he’s longing coins where large supply of tokens are already locked by long bankruptcy procedures or burned.
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