QUOTE(gashout @ Sep 14 2024, 11:07 AM)
Not sure why... They move in the same direction.. And people start mocking btc having storage value.
What's a good number btc to own this life time? Don't tell me 100 cause I was too ignorant 10 years ago.
My interpretation is that it's very much locked vs USD now

. In trading parlance, high correlation.
Similar to other instruments.
e.g. precious metals vs USD, stocks vs USD, so on & so forth.
In the initial phase, klipto was promoted as a very distinct & separate asset class, that would not be affected much by fiat fluctuations.
But to keep things simpler for those of us in the kliptosfera, 1 BTC will always = 1 BTC

. But then, you already know that.
IMHO, lets not look at it as a fixed amount to own, but rather frm another angle : buy when you think it's low enough & sell a bit when you think price is favorable.
Sadly, yes, it has become another speculative tool. Good news though, you're still not too late to the game.
You can still profit, but just not 50x, 100x or 200x anymore.Those days are long gone.