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When I onboard a new bitcoiner, and they ask what I think the price is going to do:

If they just bought, I tell them it’s going to dump immediately after. Then if they try to sell some, it’s going to pump immediately after.

I tell them to expect it to do the exact opposite of what they want, when they want, so stop thinking about the price, because what you are doing is owning an irrevocable part of our future, global monetary system. Measure your worth in sats and stop wishing for more poverty points.

MKD Podcast 1y ago

challenge:

do they look at you crazy after saying that and get cold feet or is this note a offering to support the echo chamber of plebs to mindlessly practice consumerism? or both?

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Discussion

Guy Swann 1y ago

It has multiple times been exactly what I referenced to make them ok with when it moves against them. If they still don’t understand what they are buying, then often times I tell them not to get in until they better understand what they are buying.

But generally we’ve already gone through that stage before we get there.

So in short, no. I’ve never had this work against me, to the contrary I think it’s saved a number of people who got in from getting scared and rushing to the exit.