
This post uses a parable to illustrate the risks of illiquidity and market dominance in a single asset. Investors should be cautious when accumulating large positions in any asset, even a seemingly strong performer like Bitcoin, as it can lead to difficulty exiting without significantly impacting the price, effectively making them "the market."

By beaniemaxi
Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.