They see it as just another asset class. Not true believers. Short sighted. Same reason why I sold a whole shitload of Bitcoin at $240 and didn't get back in for a few years. I didn't really appreciate what it was back then. I just thought a 1400% profit was bangin!
Discussion
For a while it has been an asset class ! Was that around 2015?? That’s about when my mates in college first mentioned BTC they wouldn’t really explain it properly and I didn’t then do research 🔬
I bought some when it was $17 and then I sold it all at $242 because I had bills I couldn't afford to pay. After I sold it all, it hit $1000 and I was pissed, but then it dropped to $100 and I just stopped paying attention to it for a few years. Had other things in life to focus on.