Don’t chase yield. It’s a fool’s errand.
Discussion
And in all of Bitcoin’s history, it has never ended well.
Exactly. I couldn’t agree more. 💯🔥
its so tempting but every time i look at it, it doesn’t actually make financial sense. and thats not even accounting for the extra risk. with the extra risk it has a negative return. have avoided losing so much corn by not getting involved with promising yield products that have ended in tears, sometimes highly recommended by otherwise maximalist iNfLuEnCeRs.
🤝
Agreed. It’s akin to people saying “never sell your bitcoin” without considering that if you’re on a bitcoin standard, there will be inevitable times in life when you’ll have to spend more than you acquire anyway.
However, in the yield argument they are ignoring the opportunity cost of owning more btc (or mstr, if that way inclined) in the first place.
Precisely.