BitcoinLong
For 5 years BTC going 300,000$
When in 5 years people look back on this cycle, they will say it was obvious...
Just like it is obvious now post Covid, Mt. Gox hack, Hash-wars etc.
But during each time however, there was a crazy amount of naysayers & doom prophets telling you why this time is different. Just like now
Then the scaling will look like this and they will be nowhere to be found. Until a new bear market and they get euphoric at the bottom once again like Mr. Roubini and other clowns
What separates those that make it from those that don't is being able to see through all these people, having your own long-term plan, and sticking to it. And not quitting during times like these. Not panic selling at the shakeout phase. And there will always be something to justify the drop.
And then you get called lucky. Again.
Remember narratives change with price & you need to see the value & future demand for the asset without looking at the current price.
If you see Demand > Supply in the future then Future price > Current price
Just like it is obvious now post Covid, Mt. Gox hack, Hash-wars etc.
But during each time however, there was a crazy amount of naysayers & doom prophets telling you why this time is different. Just like now
Then the scaling will look like this and they will be nowhere to be found. Until a new bear market and they get euphoric at the bottom once again like Mr. Roubini and other clowns
What separates those that make it from those that don't is being able to see through all these people, having your own long-term plan, and sticking to it. And not quitting during times like these. Not panic selling at the shakeout phase. And there will always be something to justify the drop.
And then you get called lucky. Again.
Remember narratives change with price & you need to see the value & future demand for the asset without looking at the current price.
If you see Demand > Supply in the future then Future price > Current price
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