Thread

🛡️
For your contemplation... 👀 Green vertical lines marking September 2012, 2016, 2020, and 2024 (current) on the monthly #bitcoin chart. This is the point of the cycle where the bears are seemingly victorious and increasingly insufferable. This is your last chance to bail before upside volatility (likely) begins to take hold in earnest. It is your last chance to fill the next four years of your financial life with serious regret. IF YOU DON'T SELL YOUR BITCOIN IN SEPTEMBER 2024, YOU MAY BE FORCED TO RIDE THE ROCKET HIGHER OVER THE COMING 12-15 MONTHS. 🚀 You have been warned. image

Replies (48)

This is my first cycle going through all 4 years. Invested heavily between 18-25K in 2022. I have deep conviction in Bitcoin, and can feel 1% of me doubting myself. I’m not selling. But if I’m feeling like this, I bet most are capitulating
I remember feeling terrified in 2020, after significantly increasing my exposure a few months prior (summer). It's still hard for me respond emotionally to price moving down as risk moving down, and vice versa; although, I do try to act according to that, and stack sats harder in proportion to the size of moves down.
Hey Jeff, How probable do you think a recession that catalyzes a correction in perceived “risk on asset” markets is over the next 3-12 months? how long into the future may such an event push out a continued bull market phase in BTC and other risk assets / scarce assets?