Not going to lie, falling from $109,000 to $78,000 was rather unsettling, for me at least. I know we’ve HODLED through similar and even worse corrections in previous bull markets, percentage wise. But for me, it feels a lot worse when you’re watching your net worth dump by so much money. The money involved now is so much more than it was when our coins were losing $40 each per day or something at the same % dip as we saw from $109,000 to $78,000.
Exactly this! Seeing your net worth (FIAT-wise) decrease drastically feels the worst this cycle. But don't forget 1BTC=1BTC.
But do you really stare at the exchange and feel great that your Bank account suddenly increases in terms of BTC or do you mostly look at the exchange and hallucinate a net worth? A little of both perhaps?
Also regarding to your previous post - is there such a thing as propaganda free media - besides the bitcoin network itself?