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Honestly, nobody knows nothing, not investment advice, of course, but definitely been thinking about this.

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@improv
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2 min read

Listen, I don't know anything. Whenever I try to make tiny predictions, I'm wrong... well 50% of the time I'm wrong, which is why it's also not useful to do the opposite of what I think I should.

I mean, big predictions, too. I don't think I've ever seen anyone guess ACCURATELY what was going to happen. Even when it seems like the only sure thing is volatility in general, then we have a relatively peaceful period and... anyways.

Aside from feeling confident in the underlying usefulness of crypto in general and bitcoin in particular, guessing which way things are going from day to day seems more like a world of gamblers fallacies compounded a hundred times by people making the same guesses and that inadvertently (or advertently) causing the behavior they expect... until someone with enough individual wealth can profit by upending the game. So, whatever. A game. I should use the #steemace tag, too ;)

That being said, as the chart from this year has ventured into the steep incline territory that the chart of a few years ago ventured into, it seemed worth noticing the bumps and scrapes along the way. We can only hope... for those of us holding right now, but willing to exit if the price looks right, that past behavior will predict future behavior (which is a saying that is comes with the caveat, "past behavior does not indicate future behavior")

I start paying attention at the arrows in both cases. In the "a few years ago" case, I exited at 2a. Got nervous. Was pretty new to this crypto sphere and only had the confidence that I'd absorbed from people I trusted... who also got nervous AND were wealthier than I AND who had spent more time analyzing charts.

This is still true, but this time I'm also willing to risk the skin I have in the game. Listen, if we don't go up to that peak again, well. Too bad so sad, but it won't be a life-changing missed opportunity for me. If we DO, then it could be a life-changing lump sum, I.E. enough to buy a house.

So, cross your fingers for me and all that, and I'll do the same for you.