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There is literally NEVER a time in which someone has “missed the boat” to buy something that will consistently grow in value by trading away something that will consistently lose value.

It’s simply crazy not too, they just don’t understand what it is and the idea of it just always rising in value seems absurd to them. Yet it’s perfectly simple and intuitive.

It’s like missing out on the best seats at the front the life boat and then saying “nah I’m just gonna stay on the sinking ship, the seats in the back look uncomfortable.” nostr:note1cysve6d9mkm4qhlnjlrj0v2ncq4vkdvxltxj8ws8mdmx3fmruuvs37jyf2

IdahoPuma 1y ago

I wonder when the volatility will reduce enough that the price will always go up and to the right. DCA keeps me sane during the 10% drops.

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Discussion

Guy Swann 1y ago

Volatility has been declining consistently through its entire history so far. It’ll just continue to do so as it gets larger, more liquid, and more people are using it as their main money.

This volatility is nothing in comparison to the last, fyi. Most “dips” during a run are in the 30-40% range. That would put us back down into the low 40K, maybe even high 30K range. And that’s without pausing the bull market, that used to just be a normal correction.

IdahoPuma 1y ago

Fair enough, all I ask is that we get to a price where I’m not ridiculed, when the normies are envious that’s when we’ve made it :).

Guy Swann 1y ago

Appreciate the ridicule. That means huge opportunity is still available to you. You’ll miss it when it goes. The ridicule today is like winning an award compared to the ridicule we received in the 2011-2013 era. 😂