Subnostr

Let them come. The higher they send it, the less I will need to sell.

I think people need to adjust their unit of account quickly or risk falling for the sell high buy low play that's worked since Bitcoin's first bull run.

I think it's going to be much harder to pick the top next cycle. Recency bias can be a bitch.

Non KYC premiums on sats incoming. You think they're going to let you buy back in anon?

nobody 2y ago

This is going much, much higher than we all think possible. Don’t wanna sound hyperbolic, but I’m seeing a ton of institutional and family office investors that were not present last cycles

Hodl

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Discussion

nobody 2y ago

And nation states in it too 🔥

Brisket 2y ago

They're fiat minded. Which means they will rebalance at various times before the next wave of investors comes in.

Traders are going to get wrecked & some will also make a bundle of fiat.

The likelihood of a super cycle is pretty high & I've no doubt this narrative will reappear.

Stay humble stack, hodl & remain solvent. This thing is going to get pretty volatile again & I can't wait to see it. 🤙

nobody 2y ago

Yes 💯

nobody 2y ago

The worst thing anyone can do is to trade bitcoin. Just stop

Brisket 2y ago

100%

I traded Bitcoin thinking that I didn't have enough capital to make a material difference to my life.

With hindsight I can see how retarded that was.

I'd be in a much better position right now if I hadn't acted on those fears. I missed that whole dip in 2020 because I was too busy licking my wounds & cursing my foolishness.

I wish I'd paid more attention to those trying to warn newbies. At the time I just thought that they were trying to pump their bags & provide exit liquidity. Knowing myself, I don't think I could've learned that lesson from others. I had to touch the stove myself.

nobody 2y ago

Same deal with all of us that have been around for a little while. It’s part of the bitcoin journey to fall down and get up.

I remember trying to time the market when I first got into bitcoin. I failed miserably

That’s where I learned that the bitcoin train never stops

Brisket 2y ago

Be humble or be humbled. 😅

nobody 2y ago

Big time bro. I think I’ve lost at least 5 coins by just being stupid

Brisket 2y ago

The worst thing about that is that loss compounds each cycle. It's a burden you'll always carry. The festering burn scar from touching the stove.

It's really no different to the opportunity cost of the useless crap you bought while knowing about Bitcoin.

I have a pair of shoes that cost me the equivalent of 5 million sats. I bought them just as I was starting to buy Bitcoin. Nice shoes but not that nice.

nobody 2y ago

Yea. Don’t be so hard on yourself. This is a journey and a learning experience.

What’s past is past tbh what matters is that you have seen the path into bitcoin…

We also don’t live to collect coins like Mario, life is just one and we have to enjoy it 😊

mark tyler 2y ago

Ouchie. Price of learning I guess 😅