I have been actively in crypto since 2016.
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So far, I have seen bulls twice and declines dozens of times.
The March 2020 covid crash, where all coins melted 50-60-70-80% overnight, and the May 2021 crash, where #BTC dropped from 60,000 to 30,000 in 1-2 days, are the same.
I felt sad many times. But this market is such that when you buy 1, it is also possible to give 100. It is even possible to do 300-500x. And things have come to such a point that I think, with years of experience, I now look back with a smile at the moments when people said we were dying, we were finished.
Because I know the cycle of the event more or less. I can more or less predict what the next move might be. This is a cycle and this cycle always results in the USA printing money with some crises.
Moreover, crypto is no longer treated like a stepchild compared to a few years ago. Don't lose hope, we will say hello to the big crypto bull as of the last quarter of 2024. Just have capital. If you don't know, don't bother with leverage. Even if you know, approach cautiously. There is a solution for everything. I wish us all a happy week.