Same bottom of ‘22 vibes. Bitcoin is dead, Saylor is getting liquidated, fraud and fraudsters everywhere.
If I’m honest, this time the DCA and lump sum buys hurt worse. Its harder to hit the buy button.
In 22’ I was hoping to catch a bottom knowing that it would rebound in fantastic fashion like it did in previous cycles. I was more concerned with recovering from aping the top in ‘21 and wanted to improve my cost basis. I never questioned the rebound. Bitcoin was inevitable.
Maybe its was the lack of a convincing ‘25 blow off bull, maybe it was the accusations of last year’s paper bitcoin summer, maybe its the etf’s the options and the orange ties, maybe its worries over the network, the centralization of mining, or the fact that bitcoin has woefully underperformed other assets and sectors. Or maybe in the end, its just mistrust of people, our motivations and the tendency toward centralization and corruption that bitcoin was designed to bypass, peacefully, without the need for brute force.
Bitcoin was designed to save us from the worst of us, and the worst in each of us.
I still cling to the hope that humanity and freedom will improve with better money. So, I hit the buy button, I cold store, I run filtered nodes, I solo mine, and I dream….join me.
If I’m honest, this time the DCA and lump sum buys hurt worse. Its harder to hit the buy button.
In 22’ I was hoping to catch a bottom knowing that it would rebound in fantastic fashion like it did in previous cycles. I was more concerned with recovering from aping the top in ‘21 and wanted to improve my cost basis. I never questioned the rebound. Bitcoin was inevitable.
Maybe its was the lack of a convincing ‘25 blow off bull, maybe it was the accusations of last year’s paper bitcoin summer, maybe its the etf’s the options and the orange ties, maybe its worries over the network, the centralization of mining, or the fact that bitcoin has woefully underperformed other assets and sectors. Or maybe in the end, its just mistrust of people, our motivations and the tendency toward centralization and corruption that bitcoin was designed to bypass, peacefully, without the need for brute force.
Bitcoin was designed to save us from the worst of us, and the worst in each of us.
I still cling to the hope that humanity and freedom will improve with better money. So, I hit the buy button, I cold store, I run filtered nodes, I solo mine, and I dream….join me.
32❤️4
