I agree with you. It’s all about market’s sentiment regardless whether there is a great news or not. One thing I’ve learned from my mistakes, don’t get your emotions involved. When market feels emotions, it will destroy you. When bitcoin was at $20k, most people said it’s just started and soon we would see $50k. Around that time, I made a comment about waiting until bitcoin gets back to $10k to buy some. The reaction was very predictable “it never gets back to $10k” most said. That’s a huge red flag for me. Today, I keep hearing about market crash or bitcoin going down to $1.5k. Today, I very rarely hear for market to go much higher. The sentiment is too bearish, which can as well turn around as quickly as it did when we were at the top. Whether it’s bull market, or bear market, you should stick to your plan. Just like you have to follow the footprint when you build your house as you mentioned. Anyway two days ago I bought another piece of EOS and now if we get another dip, I’m seriously considering Civic for my portfolio.
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Interesting! I see higher lows over the years still, I would be surprised if bitcoin went below current mining costs, lets say 4800-5200 would be very dangerous territory for the ecosystem.