Never understood why you want to time the market
Lets say Bitcoin goes up to $200,000 this cycle
You think you’re a genius when you sell and intend to buy back at -80% drawdown
But all of a sudden a major player adds BTC to its treasury, dollar hyperinflates or idc what happens
Bitcoin pumps to $1,000,000 and never comes back down again
You’ve now lost 80% of your Bitcoin stack
Tell me it’s impossible and I’ll tell you that the max pain scenario will likely happen (which is number goes up forever)