As we all know the price goes up, peaks, declines, plummets, levels out and repeats… this went on for approximately 14 years / 3 cycles. But as the cynics would say “past performance isn’t an indication of future…”
It was only in the last cycle where we saw a lot of institutional investing which obviously had a huge impact on the crypto universe however a lot of these were unsure and saw it as a massive risk. Many sold when things dropped.
More and more investors have their eye on it but are too apprehensive to pull the trigger.
1 more post halving bull run could change the dynamics of bitcoin and crypto in general forever. It will be accepted that it’s a solid investment and bring it to the edge of mainstream adoption. The risk will be considered lower. Institutions will continue to buy during the bear market. The length and severity of bear markets will drop due to this. The time to buy cheap coins will be gone. Each peak will shortly become the new floor.
You are still early. Not too early, but early in the grand scheme of things. In 7 years time people will say you’re “lucky” for having been able to buy at this price.
Well, I hope that pointless prediction satisfies your daily need for hopium!
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