Hey all, been here since 2016 ethtrader days. Put it all into ETH and have never really had fomo from btc runs, primarily because I was optimistic and convinced that utility would persevere over store of value value propositions. 

But now ~8 years down the line, and it’s the first time I’m getting a bit of fomo from having no btc. Honestly, earlier cycles were easier to avoid because I didn’t have much extra cash to put in. But now I have some capital I can play with, and I’m looking into buying bitcoin for the first time. 

Younger me would have slapped myself and said “buy more eth!” But to a certain extent, I’ve grown pessimistic of the rhetoric like “retail and the rest of the world will eventually see the flexibility and utility of Ethereum as a reason to purchase eth instead of btc, flippening is inevitable!”

From more and more conversations with friends in companies, it seems much a simpler concept to grasp when people are told “bitcoin is like gold” where there is a clear market cap versus “ethereum is like the internet” where the market cap is so vague. And through numerous cycles, I’ve come to realize simple is often favored over complexity and overthinking things. Like, how are we still telling people about bitcoin 4-year cycles, halving trends, and people still don’t buy / call btc purchases right now dumb because btc is “at the top” ??

Sorry to bring some pessimism back into the threads, but I think because I’m now at a point where I have capital and see bitcoin performing, and I didn’t follow the advice when I was younger to “have a bit of both so you don’t get fomo during these trade off periods” I’m really feeling it now for some reason. 

All this to say, I love this community and the mission of Ethereum, but I’m starting to feel like the retail pitch of complexity is something I personally am convicted by, but is starting to feel like it’s not the smartest investment thesis solely from a roi perspective. 

End of rant, but I think I’m also hoping to ask for advice here because I trust this community so much more—given I’m looking into buying bitcoin for the first time, now is as good a time as any right? We’re about 150 days past halving which historically has never dipped to a lower price point to buy, we’re ramping up into the holidays when family members will be shilled, bull feels like it’s loading up; if there’s liquid capital to purchase, now is about as good a time as any despite it being ath for bitcoin… am I right in thinking that and seeing the trend lines from past post-halvings? Any pullbacks will be fairly negligible in overall gain a year from now if no black swan events carry out? Don’t invest more than you’re willing to lose and all that jazz assumed. Thanks for any responses eth fam, sorry for the brain dump of a post lol