The 3 times it’s done that since 1996, if you weren’t a little bitch and simply bought the dip to avg down, you got richer than ever. If you were completely retarded and happened to buy dot com all-time high or the Covid all-time high or the GFC all-time high as your starting cost basis for the entire portfolio, you still got rich by buying the dips immediately after.
If I were blackrock/fidelity, I would keep it sideways until capitulation and everyone exits to chase the Nasdaq. I would want everyone to believe btc has a CAGR the same as the sp500 or the Nasdaq and chop their patience out of them. I could’ve easily sent it to 500k in a year if I wanted 8M btc in AUM. I want everyone’s btc in slow motion without people realizing they lost in the long run.
Attention Young Men: I am surrounded by 2 million+ bitcoin in my life that are liquid, hard, and unconfiscatable. Nobody is buying them. Not sure what the deal is, but I don’t get it. Step 1: Stop complaining Step 2: Make extra money doing whatever is needed Step 3: Stop waiting for someone to save you. Not happening Step 4: stop trying to vote harder. Politicians are going to save you either. Step 5: Sign up for an exchange/btc only platform like river or strike Step 6: Buy bitcoin