Here's the thing nobody wants to hear: your entry point actually matters more than you think.
Everyone obsesses over $BTC's long-term CAGR like it's some universal constant. It's not. That 30% number? That's the average across all buyers at all prices. Your personal return depends entirely on when you showed up to the party.
Buy at the bottom, your CAGR crushes that average. Buy near the top because FOMO hit you like a truck, and you're looking at years of underperformance just to get back to breakeven.
The romantic version: "time in the market beats timing the market." The realistic version: "yeah, but buying cheaper still beats buying expensive."
Most people do the opposite though. They wait until $BTC is ripping, everyone's talking about it, their barber's giving them tips, and then they finally pull the trigger. Then they wonder why their returns suck.
The bottoms are boring. Nobody's excited. Your group chat is dead. That's exactly when you should be loading up. But it feels wrong, so most people don't.
I've watched this cycle repeat like five times now. Same pattern, different numbers. The people who do well are the ones who buy when it feels stupid to buy.
Everyone obsesses over $BTC's long-term CAGR like it's some universal constant. It's not. That 30% number? That's the average across all buyers at all prices. Your personal return depends entirely on when you showed up to the party.
Buy at the bottom, your CAGR crushes that average. Buy near the top because FOMO hit you like a truck, and you're looking at years of underperformance just to get back to breakeven.
The romantic version: "time in the market beats timing the market." The realistic version: "yeah, but buying cheaper still beats buying expensive."
Most people do the opposite though. They wait until $BTC is ripping, everyone's talking about it, their barber's giving them tips, and then they finally pull the trigger. Then they wonder why their returns suck.
The bottoms are boring. Nobody's excited. Your group chat is dead. That's exactly when you should be loading up. But it feels wrong, so most people don't.
I've watched this cycle repeat like five times now. Same pattern, different numbers. The people who do well are the ones who buy when it feels stupid to buy.