Around this time last year, the most talked about aspect of crypto was that bitcoin, in it's almost 15 years of life had never faced a recession. Everyone questioned how it would fare with such global economic uncertainty. Look at the price of bank stocks on the year compared to BTC. There's your answer.
If you're here now, you've been here for a while. You've probably been buying the last few years. Having others doubt you and doubting yourself.
These past few weeks are just a taste of what's to come. In a year or so you'll be waking up every morning with portfolios full of giant candles that are up thousands of dollars. Every ramen meal will be justified. This sub will have new threads every minute shilling every coin under the sun. Everyone bitter that x y and z pumped 90 percent while their coin only pumped 5. Your neighbors uncle will be asking how you buy that bitcoin stuff. Dumb meme coins will come in with 3000 percent gains and be forgotten about. It'll be a madhouse of human emotion.
Some of us have been here before. It's why we stuck it out. Others are just trying to break even after buying in the fomo craze of the last run. If you've been holding and lowered your average you have a lot to be proud of. If you didn't and are a bitter quitter, sucks to be you. See ya in 6 months when you buy in the hype and do the exact same thing again.
If you pulled out at a reasonable time and iust got back in a year ago, bigger congrats.
This cycle won't be like the last one. It won't be as unwieldy, most alt coins won't ever come close to their Ath's again while a few will blow past them. We won't have silly Matt Damon super bowl Ads. What we will have is steady growth and pull backs. There will be some big gainers of course. Depends on the narrative. This time around with the etf's jump starting things I predict layer 1's capable of utility will be the trend. A single well designed practical game could start a gaming trend. AI will do well at first but when it becomes obvious it's all speculation and unnecessary it will fizzle out (like nfts)
The bull run hasn't started. But it is starting. I'm excited as it's been a long road for me. But I'm also disappointed we didn't stay down longer. There's going to be some pullbacks and crab action. The halving is already priced in. We will crab until a big piece of news buttfucks us into a proper bullrun mixed with the time of the halving.
The fuse is lit. Are you ready?
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