WTF is now wrong, all cryptos down?

I don't know how long this run would last. But I'm‍ curious of the thinking process - why didn't you buy at $55k two months ago?⁠ Thought it would dump further? Then it'd have been better to DCA on the way⁤ down starting at $55k, than going in at $87k. Some people are locking profits at⁣ this price, hoping for a dump to $70k...
 
Not that I know but one⁣ reason could be unavailability of funds baack then. I for example buy whenever i have⁢ more cash than i need for next week groceries. ,)
 
in the last two weeks‌ 6k+ BTC was mined - BlackRock ETF alone bought 54k+ during the same period -‍ the probability distribution of the next development is rather obvious - nobody is definitely late⁠
 
We have heard‌ that high figures before, never got that far as 97K
 
it may be the opposite now, everyone is super bearish still (including‍ me) and barely no one would expect 500k +.
 
500K+ won’t happen now, not in 3 months, and not in 5 years. After that,‌ maybe. To reach the current BTC level, it took 5 years from the time it‍ was predicted to becoming reality.
 
youre obv new to this.⁠
Its basically what i just said before "it may be the opposite now, everyone is"..⁤ You cant really predict anything with certainity.
 
Yes, I’m not really familiar with all of this, I misread your post,‍ sorry about that.
 
Because I still need FIAT to buy my groceries at the supermarket, and there’s always‌ the risk of buying at 97K today only for it to drop to 80K tomorrow.‍ That makes it pretty hard to buy Christmas presents and food with a 17K loss⁠smi(&%
 
money for your groceries and other operative expenses for the next months should be held‌ in your local currency (or USD if you live in Argentina or so) - the‍ rest should be in BTC
 
I think what I’m about to write sounds a bit utopian. But imagine the uproar‌ if crypto, especially Bitcoin, crashes in the coming years. I believe all your credibility would‍ vanish in an instant, and the disaster would likely be even greater than the dot-com⁠ bubble bursting in the early 2000s.
 
I’m a huge fan of BTC, but something that comes out of the blue, falls‌ to the ground, and then rises to the sky again typically disappears into oblivion just‍ as quickly as it came from the heavens. That said, my brain doesn’t even believe⁠ what I’m writing here, but my gut is telling me otherwise.
 
I’ve been living off crypto for the last decade, now⁤ it’s easier and cheaper than ever before.
 

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