Is this the first bear market youβve truly had the confidence to hold and buy with conviction? If so what is your percentage/ portfolio allocation in this sector ?
For me, since finding out about bitcoin in 2013 and making many mistakes, this will be the first crypto bear market where I have 95%+ in and have high conviction for the future. Trying to take the emotion and focusing on a plan helped.
When did you first hear about crypto/bitcoin ?
For most it may take a few cycles to get comfortable in this space. The huge influx of people who enter this space comes in the bull market as naturally people are focused on price and not value.
Through trials and mistakes we often see a recurring theme - most who day traded, lost coins on exchanges, panic sold, chase garbage coins , or didnβt have a plan end up losing. Likewise many are never able to have the same bitcoin for future cycles
The one great thing about bitcoin is realizing that each cycle you need less and less bitcoin to reach financial freedom. Those that are able to buy consistently and keep safe will have most to gain
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