I think this is a tough lesson that all of us learn at one point or another
Discussion
i was even more stupid, i bought a used car for 10k usd :-) which i totaled and had only basic coverage looool. got back in late 2016/start 2017. then i started to understand / learn about bitcoin
Oof. Not too much better myself to be fair though. First bought in summer 2017 but never understood anything more than "price go up" until late 2020. Been stacking as much as I can get my hands on since then
Alot of people say it takes one or two cycles to really understand, and I think that rings very true.
First cycle is just peak FOMO "price go up"
Second cycle you start to get an understanding but maybe still think your smart enough to swing trade
Exactly... and for me the price dosent matter anymore. I am now in for the cause, for the hope to destroy the war mongerers in this world and set people free. I will buy till every Central Bank is busted. DCA till they give up.... and never ever have any debt.
💯
People in my personal life are surprised how much of my earnings I use to buy BTC. They rarely understand that BTC is not an investment but a philosophy and that we aren't buying BTC but selling fiat and preserving wealth.