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A bit frustrated right now.

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Good news are not making effect, bad news are taking the price down.

Been patiently waiting and buying for 4 years since 2020.

Finally we are supposed to be entering the phase where good news take the price upwards and bad news are somewhat ignored.

Quantitative easing and dovish fed approach, presidential candidate saying he will add Bitcoin to US strategic reserves, countries mining Bitcoin, money printing, faith in dollar declining. Still the price is doing nothing for 8 months, even doing lower highs.

But when Iran launches an attack, a bad CPI print, one government sells or has permission to sell, we instantly erase what took us weeks to recover.

When S&P 500 dumps, we dump accordingly, but when it pumps, we are left behind.

October is where previous cycles started to climb, yet here we are unable to pass 64k.

Hashrate is at ATH, ETFs been buying like crazy, all bitcoiners I know are HODLING. What I am missing?

I know elections puts uncertainty, but we are being so easily manipulated to the downside that it's quite frustrating.

Everyone is screaming "we are about to", "are you ready?", "Soon", "last time we go under".

How crazy I am to expect the "Soon" finally arrives?

I won't sell, I've been waiting for 4 years and willing to wait more, but anyone else is having this same frustration?

It's so obvious Bitcoin is the solution to our broken monetary system, yet the price doesn't reflect that. I don't even mind the US dollar parity, I'm talking about straight purchasing power, which today is around 55k in 2021 dollars.

How irrational can the market stay? Longer than everyone can stay solvent?

Am I alone in this?

submitted by /u/lockduck1
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