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)

Reply to this note

Please Login to reply.

Discussion

but my crystal ball!

😂

My plan is to be lazy and don't try to time the top, so I'm sorry it WILL correct 70% this cycle.

Would love it to happen. Never say no to cheap sats

Laura