So Larry Fink came out saying he got Bitcoin all wrong after watching it tank 50%. Classic move, right? But hold up—maybe that guy actually nailed it the first time around.

Think about it. When traditional finance heavyweights flip their script after every major correction, you gotta wonder what they really believed in the first place. One minute they're skeptics, next minute they're converts because the chart did what volatile assets do.

The real question isn't whether he changed his mind. It's whether his initial skepticism actually made more sense than his newfound enthusiasm. Sometimes the first instinct cuts deeper than the convenient pivot that comes after watching everyone else pile in.

Market drawdowns have this funny way of making people "realize" things. But what if the realization is just timing the narrative to whatever's convenient? Food for thought next time a Wall Street legend admits they were "wrong" about crypto.

BTC0.17%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
5
Repost
Share

Comment

0/400

WhaleStalker

· 10h ago

Yeah, seriously, bro, I've heard this spiel way too many times. Every time there's a crash, it's all about regret, but when it rebounds, they're believers again. Larry is just telling stories this time. How could he really change his opinion? He's just being forced to go with the flow. Honestly, maybe his original intention wasn't wrong, but I really can't respect how he flipped later on. Those Wall Street guys, they're always rewriting the script but never changing their stance. Wait... was his original intention actually more honest? That's the real issue. Oh god, Wall Street is pulling the "I was wrong" act again—so annoying. But to be fair, his initial skepticism actually made sense. It's all about the art of timing, right? Admit your mistakes when it's most profitable, and that's when you change your tune—classic move.

View OriginalReply0

MidnightSnapHunter

· 10h ago

So they just change their tune when they're bullish, huh? They've played this trick so many times... criticize first, then enter the market—the standard Wall Street playbook.

View OriginalReply0

PermabullPete

· 10h ago

Bro, this analysis is spot on. Those Wall Street guys just go whichever way the wind blows—there's really no principle to speak of.

View OriginalReply0

LiquidityLarry