The most expensive mistake in crypto? Misclassifying the asset.
$BTC was sold as an inflation hedge. 2022 proved otherwise—inflation hit 9%, $BTC dumped 65%. It traded like a risk-on tech stock, not digital gold.
Before you ape in, ask yourself:
1. What role does this asset actually play? Growth? Hedge? Settlement layer?
2. Can you stomach a 50% drawdown without panic selling or getting liquidated?
3. Does the use case (payments, hard currency access) hold up based on real data—not just the pitch deck?
Still bullish on crypto long-term. But judge assets on their track record, not their marketing narrative.
$BTC was sold as an inflation hedge. 2022 proved otherwise—inflation hit 9%, $BTC dumped 65%. It traded like a risk-on tech stock, not digital gold.
Before you ape in, ask yourself:
1. What role does this asset actually play? Growth? Hedge? Settlement layer?
2. Can you stomach a 50% drawdown without panic selling or getting liquidated?
3. Does the use case (payments, hard currency access) hold up based on real data—not just the pitch deck?
Still bullish on crypto long-term. But judge assets on their track record, not their marketing narrative.