He didn't get caught up in it. He is in it for the long haul. Naysayers always notice the drop, but not the pop.
If the definition of bullmarket is cryptos down from ATH 60-70%... I think it is associated with another animal. Chicken? Rabbit? Maybe mouse? I can't remember...
Why the long haul? Never understood that one. Dead money while you wait for a greater fool to be convinced it will go to the moon.
Not like it has never gone to the moon before - $65k. Anyway not me. I only hold till the close, or close to it and only futures.
Interesting to some: https://www.economist.com/united-st...-shake-up-attempts-to-rescue-old-power-plants