Tyler Burns on Nostr: Haha, I try not to play that game. Any market price driven by leverage will always be ...

Haha, I try not to play that game. Any market price driven by leverage will always be a short term price. That leverage will always come due and with it, the price. While it is mind-boggling that the price has come down $67k, I try not to think about my net worth coming down similarly.

For my own sanity, I focus on my net worth at times like this for future planning. My net worth in bear markets highlights true market conviction in what bitcoin is. There is a growing number of people year after year that are choosing to use and hold bitcoin even during the darkest bear markets. It actually brings me solace thinking about that in times like this. Sentiment is extremely bearish and yet here we are at ~$60k.