First off, super unfortunate regarding the exploit on ZEC that occurred- I don't think this is anything anyone could have really predicted, so the fact that it happened when it did shouldn't negatively reflect on those that were chattering about it imo. Up until this point it was performing beautifully. With that being said- these events perfectly demonstrate the point I was making earlier in the month about avoiding buying into assets that are already up nearly 40x off their bottoms and approaching prior ATH: "You are making one massive assumption, which is that the 2-3x is guaranteed. The whole point is that it's not- and so if we top after a 20% rally you are now underwater. If that was the absolute top, you will lose everything. Alternatively, if you bought at the bottom, not only are you up 40x by now, but that chances of you NOT profiting off the investment to some extent is slim to none because even if we do top after a 20% rally, you have plenty of time to exit in profit before price ever makes it back down to your original entry." Coincidentally, ZEC did end up pumping just 20% higher from that post and then marked a local top, with the sell off today obviously exacerbated due to news of the exploit. Now everything I stated earlier, rings true. We obviously don't know if this was a local top, a mid term top, or maybe an even more significant multi year top, but those that jumped in after a 40x off the $20 lows are now underwater and have the difficult decision of cutting their position for a loss, or holding on as we bleed lower for an indefinite amount of time (f this event did indeed mark a major top). Meanwhile, anyone who bought when ZEC was down 95%+ from the highs is still sitting comfortably in profit, can still exit with significant profits, and has a much easier decision to make. Granted it was probably difficult for them when they entered at the lows prior to this expansion phase because we know sentiment was probably the absolute worst at that time too, but the point is that at that time their R/R for buys was far more favorable AND their downside was literally capped at $0 (which we would only get on a complete implosion of the protocol) which was unlikely to be met assuming ZEC had some fundamentals to keep it relevant (which it clearly did). This is precisely why as beautiful as the PA was on ZEC prior to this correction, it wasn't a spot buy for me- R/R wasn't justified at these levels and downside risk was too great. I had missed the boat- and I'll miss many more- but you don't need to catch 1000 boats to reach your destination in this space, you only need to catch a few, and crypto has 10,000 boats to choose from. Buying when an asset is down 95% from the highs and selling it at 10, 20, 50 or 100x higher is what everyone should be doing. Instead in this space people tend to do the opposite- buying an asset after it has climbed 10, 20, or 50x off of it's 95% drawdown level and then selling it once it collapses again.(CrediBULL Crypto)