Each person has to discover #BTC on there own…

There are valuable lessons to be learned. I lost my shirt on Mt. Gox in 2013 and was shell shocked of 4 years after that lesson. When people were talking about it at the peak in 2018 I am so glad I did not buy and kept my mouth shut as well.

When I re-discovered it in March of 2019 things really clicked for me.

But next week it could still drop to $30,000 or next week go to $200,000.

You have to accept volatility and be comfortable with this asset.

The lesson to learn is #HODL is a million times harder than one can imagine from a distance.

Fidelity had once done a very interesting study, and they found that the wealthiest customers of Fidelity fell into exactly 2 categories. The first category were dead people the second category people that forgot they had a Fidelity account that tells you a lot about the #HODL mentality.

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Discussion

I think most who've had success in bitcoin took risks and studied it well. It goes without saying that before you drop your money on anything, it might be worth looking into and only those with enough interest and enthusiasm will succeed.

What I was trying to say is for those orange pillers of their circle of friends and family. How do you introduce bitcoin to them is to show them and not just talk about it.

This is true. I was thinking about what got me to get curious about finance in general. Go back and then think what got you interested in learning more.. and send that signal for others!

Also very interesting to learn about the Fidelity study. I can only hope the hardcore hodling was for their children and grandchildren.