It's a good time to start doing DCA. Forget the ego, because years will go by & your wallet will start to thank you. https://www.investopedia.com/terms/d/dollarcostaveraging.asp
Mine is amazing. So now we have a bit of a paradox, as today I went LONG on 400 more shares of ETHX.b <--- best Ethereum spot ETF with the lowest MER in the world hands-down. Assuming BTC doesn't de-couple too much from ETH, then you could be OK for the long-term. But, I can't make any promises that the flippening doesn't happen. My rough estimate is in 2024. But on the flip-side, the counter-pressure will be the halvening in 2024...
I'll update this thread in a few years time. It's in a retirement account, so I don't need it until 2028. Knowing my luck, I'll be retiring a poor dumbass.
No sympathy for those idiot-millenials who kept shoving everything into stupid shit like 'Safe-Moon', Safe-Mars, and Safe-insert-keyword-here. Even when I gave all the reasons for why what happened (was to happen), I got butchered up by the perma-bulls just like some of the perma-bears you see lately. Seems investing/trading can be like politics. You always get extremists on every side. The poor guy near the middle who ties to use logic & reason always gets attacked by at least ONE of the sides. And neither extremes ever wants to change their flawed viewpoint, regardless of evidence.
LOL, I remember watching this clip ages ago and it always cracks me up when he says 'Bit-fuck'. Looks like he made the WRONG call though, it's actually ABOVE his quoted value of 19K, despite the massive crash. Pena may want to keep this vid in the closet going forward... That said, IIRC he is a fake Billionaire, but interesting to watch.