I love the cadence of this chart
Bitcoin % of Supply in Profit/Loss
As I said previously, you start looking for major market cycle bottoms *after* they cross, not before.
They just crossed.
Such a great chart for keeping people on the right side of the market in midterm years
I started my YouTube channel from a hotel room in June 2019 after presenting my postdoc research at a physics conference in Oregon.
At the time, my only goal was to help people navigate the cryptoverse and avoid some of the mistakes I made as a younger investor.
I remember being genuinely excited when the channel reached its first 100 subscribers. It felt hard to imagine that many people would be interested in hearing my thoughts on markets.
Over the years, there have been plenty of successes, but also many mistakes that forced me to reassess my assumptions and become a more disciplined investor.
The truth is that this journey would not have been possible without all of you. Whether you've been here since the beginning or just recently found the channel, thank you for giving me the opportunity to do what I love every day.
Today, the channel reached 1 million subscribers.
I'm incredibly grateful for that, and I don't take it for granted.
Thank you for being part of the journey.
@PeterSchiff If you think that’s cult-like behavior, would you agree that being bearish from $0 to $126,000 over more than 10 years and saying you were right every 4 years would also be cult-like behavior?