This is corruption like never before, someone knows Trump is going to impose more dumbass Tarirffs and is getting that info beforehand and is shorting BTC. DD
I exited BTC a long time ago. I admit it was a mistake to not have a small bag in BTC. A) isn't feasible; you're saying that there will never be a bear market. That's bananas. B) We've never seen the floor be higher than the previous ceiling. Yes, long term, it's a no-brainer to buy whenever. But I'll wait until it's in the shitter.
Don't know what you expect me to tell you when your thesis appears to be "I know I should do X but I'm gonna try Y again and see if works this time."
There is a reasonable narrative going around that Bitcoin will not have those massive draw downs like previously. Institutions are in the game. Retirement accounts are allocating. Leverage is getting shaken out at a much higher frequency. I view bitcoin as a savers tool, not an investment. We will not have these radicle parabolic movements up, but instead a slow boring steady grind up with mild corrections in between.
The Bitcoin volatility index tells the tale. https://bitbo.io/volatility/ As a percentage of total market value, the bull and bear runs are getting milder and milder.
It's reasonable to think that patterns will hold. What is unreasonable is to think that you're going to be able to correctly time "the bottom". This is fiat brained trader boy mentality. If you're sitting around waiting for the next crash out buying opportunity, I promise you that if it comes you will either be too scared to touch it or you'll so busy huffing your own farts that you'll miss it. Either way, you're probably gonna do something stupid and get rekt. Start shifting your savings into BTC with daily or weekly buys. If you feel froggy, throw in some smash buys during dips. The point is to have a plan and stick to it. Don't get cute. Tune out and relax. It's not complicated.
