Do you guys remember when we were the newbies, panicking and falling apart everytime there was a huge dip and now its funny to watch the others while hodling calmly?
I'm not panicking, but pretty depressed by all of it. It just seems like it shouldn't be happening at this point in the cycle, but hey, maybe the cycle is not over yet.
Everyone should stop comparing cycles imho...
Should look to the NOW not history.... All bullish signs improvements, adoption etc....
We didn’t had these in the past, comparing ain’t the way....
This is very very true, and as they would say on twitter: Few.
I have been kind of chuckling about all the folks who have been assuming bitcoin was going to do the exact same thing as it has every other time. I just do not believe it will do that. For so many reasons. It will apply max pain. For sure patterns will get frontrun, etc.
I thought the idea of the "supercycle" was way more likely... And to be honest, I do not think it's out of the question still, though if we drop much more we will be looking like just a faster version of a standard bull... for now.
But what you say is true. The fundamentals are different now. And there is BIG institutional money on the sidelines, and you gotta know the old school players have been waiting for this kind of chance. They can see how it's acted before. This is nothing new, even if they have not "held through" pullbacks before, because they can look at the history.
Why, exactly would they not be buying. Right now?
