It isn’t “do something” … it’s don’t “move the goalposts” … don’t act as if everything is fine and if you’re not acting like everything is fine then “you’re a part of the problem” or “should have known better”. No other bitcoin adopters have gone this long without a period of euphoria to help with the pain of the volatility.
Every analyst and influencer who is acting like “everything is fine” had a large allocation that has gone through a 10x+ windfall. Those who made a large allocation during the last euphoric bull run have held for ~4+ years, went through an 80% drawdown, and are now up less than 2x on that allocation. That’s bad risk management for an investor.
Bitcoin has recently failed on a key tenet of acting as money (transmit value over space and time) for those people. Maybe there are not many of us, but more INFLOOENCERS should show some empathy to those of us who are bitcoiners but have been put through significant pain for coming up on 5 years without relief.
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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.