Not fcking leaving!
Looking back on my crypto journey from 2020 to 2024, here's what I've learned:
To be honest, when I started going big on crypto in the summer of 2023, I figured it was a two-year play. This was based on how past market cycles peaked a year after the halving, like in 2017 and 2021
What I didn't see coming was the string of good news in early 2024. A #btc etf got approved in Jan, sending #bitcoin soaring before the halving. Then, an #ethereum etf followed, and in Nov, a crypto-friendly president won in the US, surrounded by a supportive team
By the spring of 2024, things shifted so quickly towards a distribution phase that it felt unreal. But then the market took a sharp dive, and my worries turned out to be for nothing
If we turn back the clock to the last halving year, 2020, it was rough. The market had a brief rise in Mar but then COVID hit, and we saw another huge crash - the second since Bitcoin dropped to 3,200 in Dec 2018. By the end of 2020, bitcoin finally broke past its previous high, but the altcoins hit rock bottom
Looking at both periods, it's obvious today's situation is way better. Not just in how the asset prices are faring relative to their peaks, but also in the outlook, knowing that major players like big funds and countries are getting involved
People get so caught up in their emotions and the minute-to-minute action on their charts that they miss the big picture 😠
The market filters out anyone not ready to make serious bank
So, let's tune out the chatter that the market's done growing. Let's learn from what's happening and keep our emotions in check until we lock in some real profits. There's still a lot to look forward to 🙂🙂
Satoshi Calls
Post #1543
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