What I have experienced until now is, whenever there are too many “bullish” news, the price sinks and sinks further. Especially seeing after many of sh*tty YouTubers videos and stupid twitter messages.
We have been witnessed to experience that the price action went lower than the previous ATH in this bear cycle for the very first time in the BTC history. So how come someone couldn’t easily say now that we would may see the new ATH less than the latest one ($69k) either? That is why these all predictions like between $150k - $350k during next bill cycle are just the sound of empty cans … well… Anyway; we’ll all see it…
Yes.. we will see.
Cannot be rushing these kinds of matters, especially when it comes to shaking weak hands and various other manipulation strategies that frequently work until they no longer work... and it is kind of sweet when the bears get reckt.. .. and if it were up to a lot of the bears, we would still be struggling below $500..
... but guess what?
We are not struggling below $500 and many of those previous bears have had to jump on board, even if they might still be trying to fuck around with BTC prices, some of them are likely going to get burned, and whether we go above our previous ATH of $69k in this particular cycle or not may well not matter a whole hell of a lot to guys/gals who have been in bitcoin for a while, and it also might well should not matter to much to newbies either, especially if they are still engaged in various tactics to accumulate cornz.
Getting fuck you status levels of profits from something like dee cornz can take a decently long chance to play out, there are no guarantees, and surely one aspect of an asymmetric bet to the upside is that you do not necessarily need to have a lot of value in it in order to potentially profit stupendously, so sure, you may or may not want to be aggressive with your bitcoin investment, and it does seem to be better to attempt to be a bit aggressive, but everyone makes their own choices in terms of their time-preference trade-offs - including realizing that no investment is guaranteed, even while the investment thesis for bitcoin still seems to be pretty strong, even if there are ongoing manipulations of price and sentiment.. but what else is new?
Each of us has to figure out our own strategy (ies).. and good luck if you are not sufficiently/adequately preparing for UPpity... you will likely need it.. unless of course, you won't need it if you do end up getting lucky... perhaps? perhaps?