At this position, the taste really feels a bit like the end of 2022.
Insiders:
Every day staring at the market until questioning life, the chat group is as quiet as Qingming Festival, every other word is 'it's over' or 'there's no hope'.
Outsiders:
Suddenly someone pops up and asks: 'Hey, can I buy Bitcoin now? How do I open an account?'
I've been the same lately, friends in the real economy are coming one by one to ask me how to buy $BTC.
They didn't ask during the bull market, but once it dropped by half, they started to study seriously. Humans really have no resistance to the phrase 'on sale'.
From the highest point, it has already been cut in half.
Theoretically, in a bear market, it could certainly be cut in half again—
After all, the cryptocurrency world is all about 'teaching you what real risk education is'.
But interestingly,
as the price goes down, the long-term risk-reward ratio actually gets better.
Others see 'how much more can it drop',
I see 'if it drops more, how much more can I buy'.
Anyway, I don't believe the cryptocurrency market will go to zero.
If it really goes to zero, then I can say I've witnessed history—
In the future, I can tell my grandson:
'Grandpa didn't not try hard, it's just that the market tried too hard.' 🥲
