We bought at $100k, $85k, $78k, $76k, $74k, today at $73k..... But kids -- please remember: Keep it simple.... don't use leverage, and never invest with a time horizon of less than 5 years.
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Not everyone is eligible for leverage. 😂
Cheaper sats!
Volatility is the admission fee for asymmetric upside.
By aggressively compressing your cost basis during drawdowns, you are effectively buying convexity.
Leverage introduces the risk of ruin; spot accumulation eliminates it.
Solvency remains the primary determinant of long-term alpha.