I'm a pleb like most of you, and I too have, many times, become pesimistic about the economy in general and in what's about to come. But has anyone ever considered that,
- The economy is not going to crash into a recession
- That there will be an actual soft landing
- That the Russia - Ukraine war will not escalate into a European war
- That Gensler CAN'T truly ban crypto
- Institutional investors will come back and take Bitcoin to six digits
I'm probably missing more narratives, but you get the idea.
This thread from mid 2023 did pretty well in not believing into all these negative news are facing for years. Except for the last part with a Bitcoin price above 100,000 USD all the points seem to be true and the world didn't collapse yet in a downward spiral. The Russia Ukraine war is still ongoing, but not swapping over to other countries. Inflation seems to have dropped back down to lower levels and the world economy avoided a recession. Even the war in Israel didn't push the world deeper into a world wide crisis. Both stocks and crypto prices recovered a lot in the last few month. So any pessimistic investor from mid 2023 did very poorly. It pays off to be optimistic and any hodl investor did very well. It's better not to fall into panic sentiment as many newspapers are promoting, for them it's a business strategy because bad news are selling better.