RE: It feels like the Crypto-hype is returning 📉 Sentiment is changing 📈 Can you feel it too?
Yes I agree the scale is off. Last bubble went much faster while this bubble was much more drawn out in comparison. But that worries me more than it soothes me: if the rise was more drawn out, shouldn't the decline be more drawn out as well?
I understand what you're saying about adoption and hype being different, but I can vividly remember the same emotions and market sentiment last time around. Sometimes I wonder if it plays a role at all, or whether it's all really just market cycles in graphs that are inevitable.
I certainly hope we will see a shorter crypto winter than last time though. My gut tells me you're right, that this time it's different. But really, my gut is the prime candidate to be fooled by the market, because that's what the market is best at: fooling us all.
If it were easy to beat the market, we'd all be rich.
That's why I hodl and don't worry about it. I can't win at 'their' game, so I'm not playing it. I have patience and years and years to spend patiently waiting - enough to be confident I can sit it out.