I last wrote about how time has been quite cyclical throughout history. As I work through Niell Howe's book on generations and the current "Crisis," it has given me a pleasant perspective on the industry I currently call home: crypto.

Crypto is notoriously cyclical, with the 4-year Bitcoin halving cycle seemingly creating the same price action patterns since the asset's inception. We have tens to hundreds of charts showing how Bitcoin's current price lines up with previous cycles to the day since the "halving." Bitcoin's cyclicality is almost comical and has been clearly correlated to cyclicality in the global liquidity. With China ready to issue Covid-style stimies, there is little doubt that the liquidity charts are starting to line up quite similarly to the past.

I'll admit this time does feel different. The regulatory climate has changed drastically, our goddamn president launched a memecoin 48 hours ago, and Bitcoin's level of global adoption may reach a true tipping point. However, this still follows past patterns in its own way. The cyclicality happens due to the pendulum swinging too far, so we over swing the opposite direction. One can expect a similar reversal if we are to get too much ease on the regulatory framework.

The way crypto cycles have happened in such similar fashions is pretty fascinating. Predictably, younger adults, with the newfound ability to invest and increased capital having entered the workforce flush the market. As returns in Bitcoin feel as though they are mostly behind us, we seek altcoin opportunities as "life-changing" wealth for someone around my age requires immense returns. I mean, personally, I'm trying to pay for medical school. That's gonna require some multiples. Having ridden the rollercoaster 4 years ago, I feel more responsible and positioned, yet I own more NFTs than ever before and would've been feeling far better had I just held all my SOL. The knowledge of cyclicality and my new ability to observe it doesn't mean my actions actually improve. Maybe we have a memecoin supercycle, maybe we're just about topping out, maybe o3 is just about AGI so we all forget about crypto for a while. The specifics are not clear, but we are in a Crisis era so buckle up.