I try to convey this fact to friends and family members that keep telling me about different passive income ideas all the time.
Nobody of them has ever beaten the cold storage performance not to mention the peace of mind that comes as bonus.
All they see is risk, volatility, and uncertainty.
Bitcoin is the best at shaking out the greedy among its holders. The greed makes you risk it on the open market, and the sharks eat you alive. But no one thinks it'll happen to them.
Even I at one point wanted to do the sell high buy low thing but FOMO'd right back in 😂 normal people can't control themselves when their Bitcoin is available for trading. You gotta put it away and keep it there.
