This is precisely the problem created by influencers who tell you that bitcoin is going to the moon, generating false expectations. And since you haven't prepared yourself to live with the pain, when those expectations aren't met, the consequences are painful.
How could a mere mortal like me, much more backward than you think, predict the price of bitcoin two years down the line? Simply by analyzing capital flows and extrapolating, child's play mathematics.
I hope you get the idea: don't be optimistic just for the sake of it, analyze and accept reality, closer to stoicism than to the bullshit that some people sell about positivity.
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Great advice! Hold #btc because you believe not because someone told you it’s magical 🧙♂️ powers.
I looked at the data with my child’s play mathematics and the outlook for Bitcoin in 2029 is not rosy at all, a far cry from all the million dollar predictions. I’d be _very_ surprised if we break past 200k in 2029. Hope to be mistaken because I’d mean that NGU is dead, and in 2025 NGU was put into question for the first time in Bitcoin’s history. Without the NGU bitcoin becomes unappealing for 90% of hodlers. That is the uncomfortable reality we choose not to talk about.
Hear me out:
"Hyperinflation"