In past Cycles, #bitcoin did 30% drawdowns often and with ease. We all took it on the chin.
Feels different this cycle, I sense lot more uneasiness. And I believe it's because this is 2nd or 3rd cycle for most, and they're looking for a "set for life" cycle.
Over-exposure, over-confidence, unrealistic expectations, all can lead to being in a position that quickly becomes stressful and difficult to manage.
I for one firmly believe this Cycle will deliver. But I sure as hell wouldn't bet my ranch or health on it, as many do. Regardless of how much I had. Just not a way to invest.
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Bitcoin & Crypto set themselves apart from Government policies & regulations like they are enacting their own *government*, unprotected from fraud.
I would not touch it.