Is this going to be the last cycle? Will institutions and nation-states be lettuce handing their bitcoin in downturns? Feels like this cycle we'll substantially dampen the volatility. 80% downturn? I can't see it. 50% after a manic blow-off top? Maybe.
Discussion
'Bout in between I believe
Last cycle was the first epoch we saw with actual legacy participation; why I feel it was quite dampened.
This cycle, maybe same thing.
believe most countries will close fiat->sat conversion ~'28-'30; then it'll be a truly different world
Same thought/uncertainty, but if it stays even close to past cycles, the upside will be violent and insane
I've been thinking this over too.
It will depend on how many nation-states join in on the Bitcoin reserve train I guess.
What if the next President dumps the American stockpile?
I decided to just keep my DCA running through the bull, instead of building up Fiat to buy later.
Selling never 🧡