^^^ In retrospect... That's a great graphical representation of how I lived the $19K pump and subsequent correction. Still feeling it somehow.
I think many of us are feeling the same way
It is so strange because I don't know how come I am feeling so good?
Of course, $19,666 was feeling good, too, but overall, currently floating in a 9x -ish price appreciation / equity does not feel like a bad thing.
When I got into bitcoin in late 2013, and going from $1,163 down to a few spikes below $200 did not feel too good.. and then averaging a cost per BTC in the lower $500s while BTC prices floated largely in the mid-$200s for most of 2015 did not really feel too good.
Actually it felt worse at the very beginning of 2015, because I had kind of thought that upper $300s was going to be the then price bottom.. yet we know what happened... .. approaching 9 months, and even nearly three years from the top to the bottom and then back to getting out of the hole.. but the process of getting out of the hole showed me that little by little my equity was coming back.
Currently, those feeling the worst would have bought in about the past 12 months or so? a bit confusing, but there could have been strategies to attempt to lower buy price, but still be in the red right now, correct? Still about a year of turmoil, so far, and approaching 9 months in this particular bouncing down to $6k, and fake out price rises..
Yet, still with a BTC accumulation strategy, there should be a way to not feel too badly, yet.. correct?
We can keep this "feeling bad" conversation open to see how the situation plays out and to see if there are ways that HODLers can hedge their BTC investment(s) in order to NOT feel so bad with the passage of time, and Rosewater, you are just
exaggerating your feeling badness, right?
Poll
