It’s amazing how all the fanboys disappear when times get tough…

We’ve been here before. This stuff WILL CRASH. Then it will rise. Then it will die… only to be reborn. We will see this cycle repeat until we find a stable price… which may take YEARS.You can try to time the market but you’ll likely lose 9/10 times. If it works out for you, fantastic. But have your wits about you and don’t get cocky if you’re just going to disappear or hate as soon as the going gets tough.There is little rationality in this market because it’s young, subject to regulatory imbalance, and media based hype/scrutiny. If you’ve become crypto rich, that’s amazing. Don’t confuse luck and market conditions with being a genius though. Often it’s understanding what we don’t know that drives real value.Stay cautious. Don’t be cocky. Be cool.

Submitted June 27, 2021 at 04:32AM

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