Crazy market this really, no way to predict these rises and drops-
I am still BTC poor enough that this is fun to watch.
Free is free. No impediment. No rules. No regulation. Nothing to hinder trade by consenting people.
That is not free market, it is "laissez faire capitalism", "wild west market", whatever. The name "free market" has been taken long ago to mean what I wrote.
Laissez faire capitalism is what gave use the banks too big to fail, tax exemptions for the rich, the 1%-99% society, and so on.
In a truly free laissez faire system nothing is "too big to fail." Tax exemptions come from governments, what market ever gave anyone a tax exemption for anything? Let alone a laissez faire market. Don't sacrifice intellectual integrity to prop up a political agenda.
I am thinking long term so I don't mind a bear market. It allows me to accumulate more. I get excited when we have bull runs but in the back of my head I always know it just got a bit tougher to accumulate.