60% off the ATH would be 50K. 80% off ATH would be 25K. If we hit those levels, the house is on fire from a macro perspective. Money printer gonna go brrrr soon. Just stack and chill.
Do you say this same thing to people who own gold, real estate, stocks, etc? Do you discount their value gains as meaningless until they exchange that value for fiat? Yes, we all realize that most of the world transacts in fiat. It doesn't stop bitcoin from being the best asset. As I said, I didn't even have to sell my bitcoin last year when I needed to pay for several large expenses. I took out a loan against it, same as people against other assets like stocks, real estate, etc. That option wasn't available to me in 2021 when I bought my home, but I knew one day it would be because the smart people in finance know bitcoin is the best asset and perfect for collateralization.
October 14, 2025: ~$114k Today, November 21, 2025: ~$84k $114,000 - $84,000 = $30,000 loss. -$30k/$114k x 100 = 26.3% decrease. My 'thesis' was to wait for the inevitable, predictable drop to happen. I knew I should do X and I did X.
Congrats, but if you're just gonna sell it later (as I suspect you will), you're just running on the gamblers treadmill.
Your attitude that you're smarter than the market betrays that assertion. For your sake I hope you hold onto it forever.
