If you've been stacking for 4 years are you not up something like 300% on your average Bitcoin purchase?
It happens slow and subtly, until it doesn't.
We can easily chop sideways for another 6 months and I'm still going to be here buying more.
Discussion
I’m up nowhere near 300% … I smash bought a lot, perhaps poorly timed, early. I believed in S2F and made some major moves anchored in that back in 2021. I stacked aggressively every paycheck, every bonus / deferred comp for 3+ years.
My portfolio return profile is more consistent with equities than with paradigm shifting magic internet money. It’s one thing to be underwater on purchases during a bear market…but we’re supposed to be bull running.
I don’t have a lot of patience for the bitcoiners who are preaching “great time to stack cheap sats…” … that’s what the last 3 years have been. Now it is time to inflict some FOMO on the non-believers and cynics.
Class of ‘21 maxi hodlers have done our part…time for us to reap the windfall afforded to previous cycles.