guys, it doesn't matter if these are prices that people wished for last year. this is dumb. you are dumb.

I am also dumb, but I've at least been working on having the humility to be aware of my dumbness. I suggest that you do the same.

2021 was a level of craziness never before seen in investing, not even in 1929. Companies with no sales spiked to higher market caps than general motors. Joke coins saw billions of dollars of inflows. Teenagers became millionaires after investing their spending money for six months.

You think that this is a good price because you wished to buy at this price during an insane speculative mania? It's not, and that is dumb. You think that this technological revolution is somehow more groundbreaking than the Internet, or internal combustion, or the plow (pun intended)? No, that is dumb.

Quantitative tightening is going to be ugly for investing, and it's just getting started. Stop investing in crypto for a while. Control your dumbness, as I seek to control mine.