This Is the Part Nobody Enjoys
Can you feel it? That heaviness in the market, that slow grind with no real direction? Seven months down. Bitcoin feels exhausted. Barely any momentum, no narrative is carrying the market. Instead of euphoria, doubt dominates. We’re at 73k USD, around 40% below the all-time high. Fear is everywhere: macro tensions, Iran, inflation, worries about deeper pullbacks and lower lows. Welcome to the bear market.
The market is afraid. We are afraid. Even I feel afraid sometimes. After months of falling prices, it feels anything but good to be a Bitcoiner right now. But here’s the thing: just because acting counter-cyclically sounds logical doesn’t mean it’s easy. Otherwise everyone could do it. Buffett, Munger & Co. wouldn’t stand out. That’s the point: being contrarian is hard. It’s exhausting, draining. It takes energy and conviction. Real mental proof of work.
This is where future gains are built. Now is not the time for fear, but for confidence. In a few years, we’ll probably look back and ask why we didn’t do more. Back in 2017 at 20k, in 2021 at 60k, and last year at 120k, people said: “If it drops hard again, I’ll buy more.” And what happened when the price actually fell?
Bear markets aren’t supposed to feel good. That’s exactly why they’re bear markets.
But historically they are excellent times to hold and stack more.