I Know It Feels Dead, I’ve Been Here Before

I've been in this position many times before, when everything felt dead, sentiment was terrible, and it seemed like Crypto was headed to zero.

My advice is simple: stick with Bitcoin.

I don't hold a huge amount, and I've sold some Bitcoin when I genuinely needed the money, for example, to cover medical expenses and my sister's tuition fees. But I never sold because of fear.

Over the years, I've learned that constantly jumping from one crypto project to another is usually a losing game. Most people don't lose money because they bought Bitcoin, they lose money because they chase the next big thing.

Bitcoin forces discipline. There are no promises of revolutionary new features every few months, no endless stream of tokens to speculate on, and fewer temptations to gamble on hype. You simply buy, hold, and focus on the long term.

Ethereum and other cryptocurrencies may succeed, but they also introduce additional risks. The more projects you follow, the more opportunities there are to make emotional decisions, take unnecessary risks, or fall victim to hacks, scams, and poor investments.

From a psychological perspective, many investors place greater value on Bitcoin's Proof-of-Work system because it requires real-world energy and resources to secure the network. Whether that ultimately matters is up for debate, but it is one reason Bitcoin continues to stand apart.

If you look at the history of the crypto market, Bitcoin has remained the dominant asset through multiple booms and crashes. Many predictions have been made about another cryptocurrency overtaking it, but so far Bitcoin has remained at the top.

At the end of the day, the choice is yours. But if you're going to participate in crypto, my view is that keeping things simple and focusing on Bitcoin gives you the best chance of staying disciplined and avoiding costly mistakes.

And if you do buy Bitcoin, learn how to take custody of it yourself. A hardware wallet gives you direct ownership of your coins instead of relying entirely on a third party.

Let me put it this way, if you give up on Bitcoin too early, you might miss the long-term upside. But if you stay through the cycles, there’s a real chance it can make a meaningful difference over time. The choice is yours.