
On-Chain College|Aug 18, 2025 14:35
From my newsletter a couple of days ago:
'Embrace the Volatility. If a move from 118K down to 108K scares you, then reread the bold 3 words at the beginning of this paragraph. With a volatile and new asset like Bitcoin, we shouldn’t be fearful of multiple tests to the STHCB during a bull market. This can mean multiple 20-30-40% corrections.'
At the time of today's post, price is at 115.5K.
Price certainly does not need to test the Short-Term Holder Cost Basis at 108.5K but as a long-term investor of a volatile asset, it simply should not surprise or frighten me.
Moves like that are very normal during bull markets.
What makes surfing so much fun is the waves.
Learn to ride the waves, not fight the waves.(On-Chain College)
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