> Waiting for the market to be less insane is somewhat akin to waiting for the s&p500 to drop a decent amount so you can buy in.

I said less insane, not sane. If prices go down 20% but are still up 150% over a few years ago, that would still be an improvement from now.

Or it could work the other way: if new hardware comes out in 2027 such that the tokens/$ ratio works out better, that would also be less insane.