In past Cycles, #bitcoin did 30% drawdowns often and with ease. We all took it on the chin.
Feels different this cycle, I sense lot more uneasiness. And I believe it's because this is 2nd or 3rd cycle for most, and they're looking for a "set for life" cycle.
Over-exposure, over-confidence, unrealistic expectations, all can lead to being in a position that quickly becomes stressful and difficult to manage.
I for one firmly believe this Cycle will deliver. But I sure as hell wouldn't bet my ranch or health on it, as many do. Regardless of how much I had. Just not a way to invest.
@arrogantfrfr This is too real, they all look like shit until they send and by then it’s too late to buy usually. Entries on good coins only come after they’ve dumped like 90% from ath