Maximum pain. Pain is the best teacher and we all have our turn learning

wow, it’s beautiful

accurate ✅

Very relevant now. Most common question from new bitcoiners being onboarded is price related. Everyone assumes I own a crystal ball.

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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?

I'm worth zero sats... 😔

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I stress to newbies multiple times 1) plan to hold for at least 4-5 years, 2) don't delude yourself into thinking you can time the market.

That's what I keep telling my wife.

If we sell it now, the price will just shoot up and we'll be buying back our stash at a premium.

Hell, Guy, I simply wake up and the price dumps. I’m going to go on “night shift”.

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Hi,

As a relative #newbie and often reading this 'never sell your #bitcoin ' or 1 bitcoin = 1 bitcoin, I have a #question or maybe more a say and hope for some words back on what you mean with never selling or ‘think only in sats’?

Because life goes, it just happens and we don't really know how much time we'll have to walk this earth. I imagine we all make effort to make it a good one, to live free (some more that others). So when I read online this #neversell, I do hope for some clarification please. Because we need to spend money for the basics, have unforeseen bills and I find it somewhat misleading if people do this but are posting ‘never sell’, right? Maybe put in fine print, ‘never sell more that you need’.

I do believe I get the point of don’t sell, hold it! For it’s does not mean we are trying to get rich #hodling. We’re making sure we don’t get pushed into poverty and submission with all this fiat scamming.

So unless one is a OG and hodled on in the beginning, they probably can now have it all in btc and use lightning or have some app/bank-card that converts directly when buying something without caring about the btc price. I’m happy for you.

For others whom have/earn little fiat, to spend in this way while dca’ing into btc, would be a dumb move, right?! And it would be stupid for them to go all-in into bitcoin, specially when the bears are out.

So... how am I doing it according to the ones posting ‘never sell your bitcoin’ ? Can I do better and if so, how?

I'm picture #hodling as much as it goes and when is needed to chip away a bit when spending money is running low. Try to #dca in a way that the #fiat only starts running out once the btc invest is in the fiat-profit. And if there are plans to make any big purchases, to do this when the bull market is in full swing.

So I, for now, see it as a savings and hold it while mass adoption happens slowly or fast. How bitcoin will be used in the future, I am curious and will hodl. Weather I’m still alive to see this, who knows right?

Thank you to all the bitcoiners for the tweets/posts and education over the past years to make my believe in bitcoin stronger and stronger.

Blessed day🙏

here's what I say, "calculate your net worth. divide by 20. that's 5% of your net worth. divide by 60. take that amount and DCA it into #bitcoin monthly for 5 years. then you'll have 5% of your net worth in Bitcoin assuming it never moves. (but you'll probably be rich)"

Facts. I just tell them not to buy.

best quote for today.. thank you nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev

#quote #bitcoin

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