Some of you need to read this.

There is currently a BIG effort by governments (specially China and the USA) to try to kill or severly hamper BTC and other forms of Crypto.

Taking the money printing power away from them in currency and a store of value that is decentralized, unhackable, fast, reliable and universally accepted spells really bad news for them.

The current price drops are prodcuts of this (there are already many posts detailingf the massive shorts). We will see MANY more attacks in th efuture and a whole lot of FUD. (my "classic" financial news sources and analyses have been full of it the last week when they would't even acknowledge it's existence before).

If you put more money into it that you require for your daily life for the next 6 months or more, it's gonna be pretty rough. Reconsider just putting in what you want to save for HODLing for 2+ years.

Remember 1 BTC =1 BTC. If you believe BTC will hold it's value in the long run, then just forget about it. In 5 years you can check back and find you can afford a whole lot.

The news always focuses on the negative aspects for BTC but governments (specially CHina) has never liked Bitcoin.

The reality is:

• BTC is now legal tender in some countries with more to come.
• Financial institutions have invested in BTC.
• There is a much wider awareness of the "common folk" of what BTC is and they want to get into it but fear they are "too late" (spoiler, they're not).
• Companies are starting to buy BTC and other Crypto (mainly ETH) to hold as an investment and crucially as a store of cvalue to hedge against hgeavy rising inflation.
• INflation in the world is going to unseen levels in many couuntries due to so much printing and the effect of the USD on other currencies will create a domino printing effect. They can and will continue to print a LOT of money while BTC is only a finite amount hich is known to all.
• We are still at least 2 and a half years away from the next halving (which will increase the value even more).
• China banning mining is great news for everyone but the chinese miners.
• No one person or group has control of BTC supply (no one can create more).
• It has broken it's biggest obstacle: People have given faith and value to BTC in spite of it being "just code" and not a physical token created by a bank. The acceptance of BTC will not recede, it will only gain in time.

My point is: If you understand and think about it rationally, BTC has surpassed all the previous attempts and the facts are there of it's continued growth, acceptance and use. The previos gains in the year were proof of it and it will skyrocket once the conditions are set for it. If you can HODL for what you have, you will have done your future self an incredible favor, but don't invest what you need or will need in your daily life as that creates a lot of anxiety which makes people check like crazy and suffer a dip to 35,000 without realizing the valu it had just a year prior.