I was hated for my bullishness on #Bitcoin in 2022.

And I missed the bottom. Called it at 28k. Called it at 20k.

Did I buy there? Yes.

Was I convinced it was the absolute bottom? No.

Here's the thing about buying in bear markets: You'll likely see another 10-30% downside. You don't go all in at once.

But if you want to be right, that doesn't make you money. Not necessarily.

Now at $110k, buying after +400% where you might get some more gains but with every move up risk increases you fall down -70% and more.

Your gains are lower, your risks explode.

Don't get me wrong, I don't think this bull market is over. We have more to go.

But I'd rather be early and wrong at $20k than late and right at $110k.

The market rewards patience over precision.