Oddbean new post about login | logout Bitcoin by many metrics (hash rate, network effects / adoption, s curve potential, TAM, novel utility) is quite cheap. Doesn’t mean it couldn’t dump but I will always take the other side of the bet with Bitcoin.
I mean, I am still mostly in Bitcoin, it was just accumulated at significantly lower prices so if things did dump, it's not a problem.
That’s fair I’m just offering my perspective.
It's totally understandable, for sure. There is plenty to be bullish about. I guess as long as people continue thinking long-term, they'll be fine regardless of how long it takes or how much it could potentially drop. I've seen too many people enter at the wrong time, not spend enough time on learning what it is they are getting into, only to be shaken out and burned.