So I have a couple friends, I convinced them to go big on bitcoin in january 2021. They became maxis. They allocated 50% to 95% of their assest to self custody bitcoin.
We are talking business owner...
I can see why they'd give up on Bitcoin. The question of whether or not Bitcoin is a safe haven in times of turmoil, an inflation hedge, or a "store of value" has been answered, and that answer is a resounding NO. It utterly failed for those use cases. But to chase the AI bubble at all time highs when that trade is pretty much played out? I feel like that's going to end in tears. Worst timing ever.
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