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It’s great that there’s people making money shorting Bitcoin bitcoin:native or advising caution on buying. It’s what makes a market. Let them continue pumping their chest calling for $40-50k
But pay attention to what often happens on the other side of those calls. You may look at these people and say wow they’ve been right…I’m going to wait…
Meanwhile in all that time from $100k to $67 YOU have never once been positioned. The problem isn’t the price. The problem is that you have no conviction because you don’t actually understand the asset you’re buying.
How many of you at $100k said “damn, i wish i had bought at 65k, 75k, 85k?”
Yet at -50% off ATH near its 200w EMA (at $61k mind you) with sentiment in the gutter you don’t want to buy because “you’ll buy it lower”
The goal isn’t to buy the exact bottom. The goal is to accumulate quality assets when they are hated, misunderstood, and trading materially below where you believe they will be in five or ten years.
Sorry, you will never make money or know wealth with that approach