This Bitcoin drawdown has been hard.
I really got into Bitcoin into 2021 near the cycle top, I discovered BitcoinUniversity (nprofile…5hgl) and breedlove22 (nprofile…xw4q) I read saifedean (nprofile…gdtv) and was all in. I understood the problem that Bitcoin solved and stacked as hard as possible through the bear market and sold every other asset I had.
I have always been focused on the long term but as we started to rally in 2023 and 2024 this was my first real experience of a bull market and with corporate adoption as well as talks of nation state adoption I couldn’t help but think that this was going to be a life changing cycle.
Today sitting at around 60k USD I’m up significantly and my conviction hasn’t changed but I can’t say that it has been easy watching the drawdown from 124K.
Being branded as “the Bitcoin Guy” amongst friends is great when things are going well but when the friend who bought at 100k is asking what’s going on it’s not so easy.
All this to say, I’m not selling, I’m still stacking. I know this is all very fiat brained but it’s real and Bitcoin truly does test you and only those with high conviction and low time preference will survive.
Satoshi_shrugged
npub1yd…a2hqz
2026-06-27 20:13:03 UTC
Author Public Key
npub1ydqrtmrhac3dc0nv6wgvwv25rw054hyfdla3856zxa2zlmwrw5wssa2hqzSeen on
wss://nos.lolPublished at
2026-06-27 20:13:03 UTCEvent JSON
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"content": "This Bitcoin drawdown has been hard.\n\nI really got into Bitcoin into 2021 near the cycle top, I discovered nostr:nprofile1qqsggcc8dz9qnmq399n7kp2yu79fazxy3ag8ztpea4y3lu4klgqe46qpz3mhxue69uhhyetvv9ukzcnvv5hx7un89uq3wamnwvaz7tmndp6nqdfwwd582em4wghxuet59urw5hgl and nostr:nprofile1qqs2xpwv3yngvx7auhr3hwm06w2tkn82dm6lt7ryq2eynlzuavxwygqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3qamnwvaz7tmwdaehgu3wwa5kuega5xw4q I read nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgpr4mhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet5qy8hwumn8ghj7mn09eehgu3wvdeq9mgdtv and was all in. I understood the problem that Bitcoin solved and stacked as hard as possible through the bear market and sold every other asset I had.\n\nI have always been focused on the long term but as we started to rally in 2023 and 2024 this was my first real experience of a bull market and with corporate adoption as well as talks of nation state adoption I couldn’t help but think that this was going to be a life changing cycle. \n\nToday sitting at around 60k USD I’m up significantly and my conviction hasn’t changed but I can’t say that it has been easy watching the drawdown from 124K.\n\nBeing branded as “the Bitcoin Guy” amongst friends is great when things are going well but when the friend who bought at 100k is asking what’s going on it’s not so easy.\n\nAll this to say, I’m not selling, I’m still stacking. I know this is all very fiat brained but it’s real and Bitcoin truly does test you and only those with high conviction and low time preference will survive. ",
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