This is a 4 year cycle in the crypto world that you should know about. 2012 bitcoin halving 2013 bitcoins to the moon 2014 bitcoin bearish 2015 bitcoin recovery 2016 bitcoin halving 2017 bitcoins to the moon 2018 bitcoin bearish 2019 bitcoin recovery 2020 bitcoin halving 2021 bitcoins to the moon 2022 bitcoin bearish 2023 bitcoin recovery 2024 bitcoin halving 2025 You can fill it yourself Bought a lot of crypto in this year for long term investment for next 2 years and you can buy crypto easily here https://bit.ly/binancetraders2025
Look at the broader macroeconomic conditions and state of crypto. Crypto is regulated by governments, and governments are now interested in creating their own virtual currencies.
Do you think people will be buying btc in the upcoming recession, when people can't afford car payments? The average joe already got burned by bitcoin at its peak popularity when they bought at the top.
You are gambling unless you have an actual thesis.
. I think crypto is fundamentally more valuable than fiat or debt instruments. It doesn't matter to me if other people buy it as a speculative investment. I decide based on what I think, not what I suspect the crowd might think. The crowd doesn't form beliefs as much as they accept beliefs provided by economists and the media. Economists and the media are particularly incompetent.