I am starting to realize that Bitcoin is a lesson of conviction
I have held and expanded my Bitcoin position since 2018 and here is what I have learned:
1. No matter how much knowledge you have and how confident you are in Bitcoin, those bear runs absolutely suck and there will always be a feeling of uneasiness of buy during this period.
2.When the bull run eventually comes back you always end up with this feeling that I should have bought more. I could have had more gains.
3.When buying during a bear market don't wait for a price to get lower. Just catch the falling knife otherwise you may find yourself missing out. And if it does go lower after you buy, DCA because the prices that you see during the bear runs will never be seen again.
4.Also remember building wealth is not everything. Don't forget to enjoy yourself and give time to the people who love and care for you because you never know when it can all end either.
This is a journey so enjoy every step of it and continue to better your lives. Good luck to y'all
Also while I understand the utility behind Bitcoin most people who invested in it are invested in to make money, that is just the harsh reality despite the purchasing power of fiat decreasing over time.
Does anyone else feel like 100k is the new average or new normal?
We first reached $100k in late 2024, a year and a half ago. Since then we spent a total of 260 days above $100k which is close to 9 months.
Now we are back below $100k and have been below $100k for around 7 months.
Humans love round numbers and now that we have spent time both above and below $100k it is starting to feel like a magnet. Almost like $100k is not expensive but its also not cheap, it is just about right in terms of fair value.
Who knows, maybe we bounce above and below $100k for a long time to come given that the higher bitcoins market cap gets the slower it moves.
Did we just time travel?!?
The last time BTC was at $62,000 or so was back in 2021.
In Oct. 2025, I would've done anything to go back in time and buy $BTC at that price.
Now, we are at that price point! So, isn't it a good time to buy?