If class of 2021 is down 50%, they're doing #Bitcoin wrong.
Discussion
hard to believe anyone other than shitcoiners is down more than 50%, doubt anyone made just one limp sum purchase at the top and then left
The math doesn't lie... but it clearly shows that a lower time preference (4+ years) always wins in the long run 🖖
The math doesn't lie, but whoever bought the top only, has no idea what #Bitcoin is.
It's easy to say that looking back... hindsight is 20/20
It's not about hindsight, I'm telling people to learn about #Bitcoin and do DCA instead of a lump sum, forever.
I still get what you're trying to say, thought
I am also teaching ppl that saving in #sats is a better way... but it's worth noting that in 2030, the person who employed FCA & the person who bought only once at the 2021 ATH, each having 100M #sats, are both winners🏆
#Plebs
If you already have it, #HODL
If you're not there yet, keep stacking
if you're still on zero, start stacking #sats
The price history of #Bitcoin shows a continuous series of ATH's in 4 year cycles... at $1M+, even the person who bought at the 2021 ATH is going to look like a genius 🥳
I can forget people who bought at the peak (I did not), if they were new. My issue is with those who did that, held, and refused to buy at the dip. They deserve what's happening to them.
Class of 2021 didn't do anything wrong... they simply bought close to or at the last ATH... they need to lower their time-preference & continue to #HODL. The posted table proves that nobody who can #HODL for at least 4 years stays in the red 🖖
Fiat Cost Averaging (FCA) is definitely a better way to ladder into a strong #BTC position before #hyperbitcoinization 🎯