Man, those of us who went all in starting in 2021 are getting boned on a relative basis. Sucks.
Discussion
Patience my friend
We’ve had more patience with less benefit than everyone who entered bitcoin before 2021.
I notice that the price action talk on podcasts has effectively stopped. All the bitcoin influencers / podcasters are going into their shells and putting their head in the sand. Hate that they’re ignoring the 800 lb gorilla in the room.
I agree, it is super frustrating but central banks will have to print eventually, we hold finite supply money.
How's that? If you had ONLY bought at the very peak you're still up 25%. If you were smart enough to start stacking all the way through the bottom of the bear then you're around 170% to 350% up. Patience is a virtue. We're not done yet. Remember there is only 21 m, people keep forgetting that.
…And the sharpe ratio blows. Taking way too much risk for these types of returns.