Damus
Michael R. Sullivan · 81w
With every dip lower people become more demoralized. The longer we chop the more people get exhausted and leave. Leverage is getting flushed out over and over again. It may not feel like the most e...
BoomTown profile picture
That’s fine but when 📈🔥🚀?

I’ve been hearing the same damn “be patient” “keep stackin’” taglines for the last 4 years.

It was there when we didn’t have the blowoff top. It was there as we entered the bear. It was there when FTX blew up. It was there with the ETFs were announced. Now it’s been 5 months since the halving and the price has gone down, consistently. “Still a great time to buy, though.”

“It’s always a good time to buy bitcoin.” Okay, yeah, but - dude - at some point it has to be the asymmetrical payoff to justify this level of stress.

It is about time for this thing to rip.
1
Michael R. Sullivan · 81w
If you've been stacking for 4 years are you not up something like 300% on your average Bitcoin purchase? It happens slow and subtly, until it doesn't. We can easily chop sideways for another 6 months and I'm still going to be here buying more.