Anyone who discovered the Bitcoin bug in 2021 has been rug pulled from an exponential move in dollar terms, I share that frustration.
The reality is, if we are complaining about only a 2x from the 2021 TOP we are spoiled. A good bitcoiner DCA’s to level out the volatility anyway.
Lyn will say “No one is owed a bull market”
Just have to face the fact that dollar performance did not match exuberant expectations.
Replies (2)
I disagree. If someone (🙋🏼♂️) held through the 80% drawdown then they’re 100% “owed a bull market” if bitcoin is what we say it is…that is a superior money, moving value over space and time. Risk-adjusted returns require compensation for that downside volatility. Absolute returns are a useless measure. It’s all about volatility adjusted returns.
Yeah unfortunately who "owes" people this? We can't just go crying to someone and demand a bull run. The best we can do is try to convince others to opt out of fiat.
Or get used to the idea that maybe Bitcoin will never actually be the money of the world. Maybe it being freedom money for a small portion of open minded people is good enough.
Revolutions almost always fail. I'm all in on this one sink or swim.
