Even with all the doom and gloom of this year, I think many are forgetting that BTC is still up 65%, way more than the stock markets.

I think by now we all should really know how to handle such brief correction phases right now that are really just full of boredom, yes, through zooming out! Actually periods of a sharp crash are pretty easy to survive as you suddenly have that will to do something remarkable. But the real challenge is with a sideways-going market.

Mostly because during such periods you just have the feeling that Crypto is not going forward at all, especially this year. For many right now they would probably conclude this year as „“bad“ for Crypto. But really no one is looking at the charts:

BTC chart, showing 65% gains and similar gains also during the pre-bull market 2021 phase

BTC in reality is up over 65% just by the writing of this, this is by all accounts a pretty successful year, especially after we came off a 2022, that was one of the worst years for Crypto and many thought we would never recover, let alone be up in this year.

S&P500 chart showing just 16% gains during the same period

We can also see how BTC has outperformed the stock market by over 4x this year and we still have the historically three best months for BTC remaining.

So calling this year a failure for Crypto really shows that you have not zoomed out and are judging the whole year by the performance of a few mere weeks.