Subnostr

This market is completely different from 2021.

Everyone and their mom says there is a bear market coming and that they hope they can get cheap sats. People ask me if they should buy and they're not wondering about fundamentals, they just want a cheaper entry.

In 2021, everyone new thought we were heading to 300k and had no consideration for the ciclical nature of Bitcoin.

I expect the general consensus will continue to be wrong.

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Discussion

paulo 1y ago

How can they even evaluate if it is a cheap entry when they simply refuse to learn anything and form their own thesis?

Zach⚡️ 1y ago

Facts. It's a fear and ego thing. They've learned there can be big crashes and feel dumb for having not bought until it was 100k. So they can kill two birds with one stone by saying "I'm waiting for 60k".