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For the first time in a long time I don't feel anxious about the idea of buying and holding crypto for the longterm
With this I don't mean it can't go down anymore, but that the price action that follows will not be news driven, it will be the normal course of action of an asset forming a bottom over months
> Saylor FUD is over
> 4 year cycle bottom plays out in the next 2-3 months, we are closing in on a time to buy vs to sell/ignore
> DATs that wanted to sell would've sold by now, we've probably priced sells that haven't even happened yet
What comes next is a boring chop on a big range of maybe $50K to $70K, and then a slow recovery into a new bull market.
If I buy at $64K or $60K I probably am going to be underwater for some time but at this point all I care about is time, not price
In late bear market stages you shouldn't care as much about price because the time when you buy is more important
You can't guess the bottom, let alone buy it
But you can look at where we are in the cycle and conclude that any buys in the next XYZ weeks/months will age well in 2 years
That's the gameplan for me now