I’ve been following Bitcoin for several years now and have experienced multiple market cycles.
One thing I’ve noticed is how sentiment changes dramatically between bull markets and bear markets. During bull runs, many people become extremely optimistic about future prices. During bear markets, the mood becomes much more cautious.
Over time I’ve started to think less about short-term price targets and more about Bitcoin’s long-term role.
Do you see Bitcoin primarily as a store of value, a global settlement layer, or something else in the future?
Curious to hear how your perspective has evolved after spending time in this space.
After several cycles, how do you think about Bitcoin long term?
byu/LionDependent9194 inBitcoin
Posted by LionDependent9194
1 Comment
It’s dfinitely a store of value and possibly a risk-off asset down the road. It’s encouraging to see how well bitcoin has held up with the Iran conflict going on. Many of us thought it would massively dump. I’ve been in since 2010. Like you, I’ve seen my share of cycles. I wouldn’t listen to the noise. Most people here are noobs and very emotional.