On Jan 3, 2009 #Bitcoin was born, operating without economic value for 504 days until May 22, 2010 ("Pizza Day") when two pizzas traded for 10,000 BTC. Satoshi disappeared Dec 13, 2010 without profiting in any way, completing the ethical launch of the world's first digital money.
Real estate and listed companies are "safer than crypto", right?
This is the stock price of a top listed real estate company in China. 95% drop over 5 year.
A message is still a message, but the technology for transferring it has improved over time.
Money is still money, but the technology for transferring it is improving.
The evolving thought process of a new investor.
“I can’t wait to buy the dip.”
“I would buy the dip but I think it’s going lower.”
“I’m not buying this, it’s going to 0.”
“Fuck this, I’m selling everything.”
Bottom, bounce.
This is the 4th time that #Bitcoin has "died," that it has "topped" and that the "bear market has started" - in 2021.
Act like you've been here before, because you have.