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.

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Would you say that previous significant drawdowns were horrendous? Or only if it happened now, since it would not have outpaced inflation?