Funny now that we’re less than a year out from the Btc halving this post has popped up quite a few times. The crypto market is now 15 years old give or take, this space’s first major catastrophe was Mt. Gox. During that time the majority of Btc were handled on 1 exchange that got demolished by bad actors, yet the market survived. Then we had exchange collapses and before that a worldwide pandemic, literally a once in a century event. What did Btc and the rest of the market do? It’s still here.
But then they’ll say ” yeah but Btc has never had to face a high interest rate environment. ” You get the picture, there will always be another doomsday plot and they all pass and the market moves on. People like to point out what goes up must come down but conveniently forget the up part which always returns.
And yeah sure this is the final leg of the bear market and the ETF has been pushed back, that’s arguably the most bullish thing and the naysayers don’t even realize it. Here’s some facts to counter the prophets of doom. Interest rates have to still get cut, yes this has a high likelihood of resulting in further decline but that’s better buying opportunities, potentially even wife changing. Then there’s of course the halving and that coincides with a recovering economy. It’s always darkest before the dawn.
submitted by /u/Socialinfluencing
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