Some personal thoughts

The current situation reminds me of 2014-2015, when the A-share bull market and the continued downturn in Bitcoin prices

Many people sold Bitcoin and invested in A-shares

In 2015, many people believed that the Bitcoin Ponzi scheme had finally collapsed and Bitcoin would never recover from this

Does "There is no next bull market" sound familiar?

So many people cut their losses at the bottom of Bitcoin and rushed into A-shares.

Everyone knows what happened later, so there is no need to elaborate.

I am not singing the pessimism of A-shares, but I just feel a hint of the rhythm of history.

In 2015, Bitcoin was still in its wild period. At that time, there was no Binance and no SBF, Ethereum was only $1, and Baked Cat had just disappeared.

It is normal to despair of Bitcoin in the cold winter of 2014-2015. Maybe Bitcoin will never have a bull market again. Maybe.

I am too lazy to compare Bitcoin in 2024 for you. How many earth-shaking changes have taken place in 9 years? You can add them yourself.

Just to say that a Bitcoin ETF has been passed, even Trump has to say a few good words about Bitcoin. No matter whether he is sincere or not, at least in the 2016 election, can you imagine him supporting Bitcoin?

It shows that the society's perception of Bitcoin has changed a lot for the better.

But in 2024, some people are still spreading panic/anxiety such as "There is no next bull market for Bitcoin".

In an attempt to scare out the last bit of chips in the hands of retail investors.

What is the difference between this and looking at 10,000 for 50,000?

Do you think such people are really stupid?

Or are they just pure evil?