In two months, we'll know better—that's when we'll see whether the "this time it's different" camp or the "four-year cycle" camp was right. https://app.getquin.com/de/post/tEzKrKKBxR/bitcoin-4-jahreszyklus
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@Dirty30 When it comes to this topic, I always wonder: if big institutional investors are involved now, why would they just sit around and wait until every “4-year-cycle nutcase” has jumped on board?
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@jkb92 That's a good question :D I don't gamble there myself either. I'm invested with an option to buy more, so I'm hedged in both directions. I'm curious to see when the cycle will break.
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•@Dirty30 That's right!
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•@jkb92 Since the drawdown is getting smaller and smaller anyway, why shouldn't the cycle also become less pronounced?
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@jkb92 That's bound to happen sooner or later. That 50% drop is actually pretty reasonable by BTC standards these days.
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