This Tyson quote maps perfectly onto Bitcoin sell-offs. The anticipation of a 50% + crash is psychologically far more damaging than the crash itself. People watch the price tick down day after day, their minds projecting the line to zero, calculating worst-case scenarios, imagining the headlines and seeing their family at Christmas parties. This mental state, sustained over weeks, is genuinely more corrosive than the moment they finally accept the new price. Once the crash lands, something shifts. The uncertainty settles, yes it hurts, but the punch has landed, except now you can think clearly again. The people who suffer the most are those who spend months watching and worrying before eventually capitulating near the bottom. The hodlers who have a clear thesis going into violent sell-offs experience the same price action with far less psychological damage, because we have already done the mental work of accepting volatility as a structural feature of owning an asymmetric asset.