I started to hear about bitcoin in 2017 and started buying when Bitcoin was $5,000
Went through the 2017 hype and hodl through the 2019 crypto winter. I have to give myself credit for being a humble believer because i have seen so many people just giving up and quitting chat groups and just gave up on crypto between 2018 and 2019, which was totally understandable coz Bitcoin was at one point $3,500 and ethereum was $80 (from $1,400 atm). Yes that was grim and cold and hard and it was the most depressing period for all believers. I lost some coins due to trying to be clever and tried to trade the market but luckily i managed to keep most of the coins untouched.
Yet after the 2020 halving, the price is now $55,000..... 10x of what it was when i first moved in. Bit instead of getting mega excited like i was like at the 2017 year end $20,000 atm, for some reason i am ultra calm, like happy about its latest ATM but still calm.
Perhaps it is because i have been through this once already, how it may just gonna go mega crazy up up up and perhaps may slide down once again from $300,000 to $60,000 (80% fall just like before), like having that mental expectation relieves me from having to check price every 5 minutes
Instead i am looking forward to the 2024 halving, and most likely how it will be under priced (again) at that time, how the Republican may win again, and how maybe some central banks would start to buy. Yet the most sure thing is: in 2025 Bitcoin will reach $500,000
And so relaxed I am.....Bitcoin can go down 50% and up 300% like a yoyo like it has always done for the past 12 years and its cool.....Bitcoin will get us there.
Lets mark this post, and we will recircle back to this in 2024 - happy hodling everyone I hope this brief experience share will help.
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