Talking about the recent price increase with a friend…
Friend: I’ll buy some soon, I just have to get a big amount ready.
Me: You know, you can just DCA right?
Friend: What’s that?
Me: Buy a fixed amount every paycheck. Easier to save and helps with volatility
Friend: Good idea, I’ll do that
We’ve been having this same conversation for years now.
In the past he ended up buying some piratecoin (and other privacy coins) on cakewallet. And losing it all.
HFSP at this point 🤷🏾♂️
Not everyone deserves Bitcoin.
Totally agree. Worst part is he understands inflation will continue to rise forever.
It’s just like anything in life - you can’t do it for them. You can be a conduit for information but nothing past that. You did your best🫡
Not much more I can do. Maybe he’ll wake up at 1M. Or maybe he’ll buy more shitcoins 😂
To be fair, in that respect he chose the wrong #privacy coin. #Monero has done very well in the last five years.
Some people are beyond help. 🤦♂️
#ngmi
My friend that got burned by BCH still resists getting BTC. 🤷♂️
Resist is definitely the right word. Ngmi
It’s so weird how fast people disregard this profound technology
Giving the current state of things, putting it off is crazy to me.
I have so many friends/customers like that... I've given up on most of them because they're just looking for excuses to hide their fear...
I hope eventually they all find the courage themselves
Definitely. Biggest effort needs to come from them
They haven't put in the work to understand it. Unfortunately and sadly, even if they bought bitcoin when we tried to educate them, they'd be selling right now.
It's like poor people who win the lottery, then go bankrupt. They have no appreciation for the money, because they never worked for it.
How many hours of reading books, listening to podcast & discussions have we put into this? We could have spent that time scrolling on social media, going out, playing video games, ect. Instead, we put in the work. We get it, and they don't.
It's sad because we really tried. But the end of the day, it's on them, not us.
Definitely on them.
I remember years ago when he bought some shitcoins. He tried to convince me by showing me the marketing websites. Imagine looking at a marketing website for a scam and then buying it, instead of studying Bitcoin 🙄
A friend told me they feel like they missed the boat on Bitcoin, so they're trying to gamble on shitcoins in case it's the best Bitcoin.
Imagine buying what poor people are buying, instead of front running nation states, billionaires and global corporations...
In case it’s the best Bitcoin is crazy!
