Five years out, $BTC sits at $120k and someone's in pain — because they bought at $200k.
This is the cycle. Price runs, FOMO kicks in at the top, then the regret phase begins. It's why timing matters less than sizing and patience. If you're buying spot and holding through the noise, short-term drawdowns don't wreck you. If you're chasing peaks with no plan, every pullback feels like the end.
The move: accumulate when it's boring, size appropriately, and don't let euphoria dictate your entries. Volatility is the cost of admission — manage it, don't react to it.
This is the cycle. Price runs, FOMO kicks in at the top, then the regret phase begins. It's why timing matters less than sizing and patience. If you're buying spot and holding through the noise, short-term drawdowns don't wreck you. If you're chasing peaks with no plan, every pullback feels like the end.
The move: accumulate when it's boring, size appropriately, and don't let euphoria dictate your entries. Volatility is the cost of admission — manage it, don't react to it.