Since major crypto exchanges started listing U.S. stocks, those stocks have also begun to stall. The last time a similar script played out was with precious metals and commodities — basically, after they were listed on crypto exchanges, a final wave of rally came, followed by a peak that trapped many crypto retail investors. Now it looks like U.S. stocks might be repeating that same pattern.

If crypto retail investors don’t think for themselves, they will follow market hype — moving from gold to crude oil, then to U.S. stocks — and end up trapped in every circle. Once all their capital is locked up in these positions, the next crypto bull run will come, and they’ll be left in an awkward position. So my advice is: for many high-altitude assets, better to miss out than to catch the falling knife. Currently, crypto is at a low point. Stick to dollar-cost averaging into value coins, invest in areas you know well, and don’t waste energy messing around in unfamiliar territory. Otherwise, when the next rally arrives, your principal will be gone.