Somehow, the situation feels similar to the spring-summer of 2017: the whole space undergoes growth while being at a tremendous assault of external factors.
Nobody knows what will transpire-it is really a "give" and "take". In 2017 the situation resolved bullishly, resulting in 10-15X in just a few months.
I am not clear that we have a similar situation here, but a bullish resolution is possible.
Sun Tzu said “If you wait by the river long enough, the bodies of your enemies will float by.”
I guess, bitcoin just have to wait long enough...I just don't see how a geometrically increasing debt situation can be resolved in a positive fashion.
It might take a decade, though.
Unfortunately, I don't have an extra decade in which to contemplate this without taking action, so started my distribution out of the space to something both physical (renovations, RE projects) and spiritual (travel).
Did not start with bitcoin, of course, but I am no longer in accumulation phase generally speaking after a decade or so.
Judging by 2017, I have terrible timing for my sales...so whatever satoshis I will peel off this year-enjoy the discount when buying your stash!