Just look at that Mike Novogratz guy. That guy apparently ran hedge funds that were dipped into crypto all through 2016 to 2021.
The guy would come out onto major news networks parading Bitcoin and crypto and then have to deal with public embarrassment and angry clients when it dipped 60% in 2018.
And yet here he is again.
I think you probably made the worse decision of your life selling the crypto (esp if it was BTC or Eth) after it went down.
Most people after suffering a crippling loss just write the whole investment off, don’t sell, and let the coins rot for years until suddenly a few years down the track those rotting coins now represent 70% of their networth.
The way it’s looking, even if it crashes now.. 50K I think broke some kind of 'limit' in the public imagination. If BTC drops to 25k or even 10k, many many people would rush in to buy.
For that reason, I think it’s probably going to hit $1,000,000 before it hits 10k again.