Should You Panic When Bitcoin Crashes?
In this brief commentary, Mark Moss observes that Bitcoin has fallen roughly 50% over the past four months and points out that such large drawdowns (25%, 35%, 77%, 55%, 72%) are common when looking at several years of price history. He draws a parallel to Tesla, showing similarly sized declines (25%, 57%, 53%, 75%, 41%) within the last five years. Moss argues that the typical reaction—selling at a perceived top and trying to re‑enter at a lower price—is a short‑term trader mindset. Instead, he urges viewers to adopt a long‑term ownership perspective, focusing on wealth‑building strategies that the wealthy employ. The overall message is to stay calm during crashes, avoid panic selling, and think like an owner rather than a short‑term speculator.
