Bitcoin has been rather boring lately, hasn’t it? Ever since breaking the psychological $100,000 mark, price has stalled. The excitement that was behind this rally seems to have faded.
But here’s something that might make you feel better…
If you hold Bitcoin, you’re already ahead of 99% of people.
Even though alts are slow right now, this cycle isn’t over. Just like every cryptocurrency cycle before this one, the patience and the HODL-ers will be rewarded.
Until then, what really matters is identifying your buying opportunities and protecting your Bitcoin.
I’ve been in Bitcoin for over 7 years now I learned this lesson the hard way.
Like most people, I tend to keep a lot of my Bitcoin and cryptocurrencies on an exchange.
It felt safe.
After all, these platforms are massive companies with billions in assets, right?
Apparently, that’s what everybody thought about FTX.
One day, I woke up to the news that yet another exchange had frozen withdrawals. Users were locked out. Their funds were gone — just like that.