Bitcoin price is everything.
Because Bitcoin is money.
Because Bitcoin is a store of value.
The only reason people adopt Bitcoin is because it *should* outpace inflation and make you financially free *aka wealthy*.
Dropping to 58k would be horrendous. That means the *greatest* money and store of value of all time has been decimated by inflation over the past 5 years.
Getting rich is what people are here for.
To buy a home.
To retire early.
To afford quality food and wonderful experiences.
To have more than you need today to afford tomorrow.
Not being concerned with price when Bitcoin is *money* comes off as very holier than now and copium / hopium fueled.
Bitcoin is *money*.
Bitcoin is NOT a transcendental way of being or a personality type.
Login to reply
Replies (1)
Would you say that previous significant drawdowns were horrendous? Or only if it happened now, since it would not have outpaced inflation?