I guess that is a big lesson to us, when we thought that the price will go in this direction, suddenly it goes on the other side of the spectrum, but we should understand that specially on how volatile the market is. So we don't know if we will reach a new all time high in the future or the price going down. One thing though is that those who have been in the market for so long, have almost seen everything. So even if the price is going down, we remain resilient, we become smart investors and then we wait for the right time for the price to bounce and usually it happens specially after the halving as it is the catalyst for a bull run. So what we need is more patience, we need to stay focus and at least wait at the end of the year because there is also that possibility that we might reach 6 digits this December or close to it.
Well that is because there are millions of people, some very rich, who may think opposite of what we think, and that's the important information we need to keep in mind. Some people look at charts, or sometimes not even look at anything, and they say "I believe bitcoin will go X direction", it could be up or down, doesn't matter.However, nobody asks "what do I think general public or the majority thinks the direction will be?". Because if you know that, you probably know where it will go. Do not consider yourself as the point, consider the market as the point for it. If you take the market and see what people are inclined to do at that moment then it is quite likely that you are going to end up getting richer that way.
