Subnostr

I told a family member on October 10th to buy some Bitcoin at $59K, but they said it was too expensive. I explained that they don’t need to buy a whole coin—they can purchase sats (fractions of a Bitcoin, with 100 million sats equaling one Bitcoin). They responded by asking, “What about other cryptos?” to which I replied, “Bitcoin only.” 👇🏽

Today, #Bitcoin hit $70K, meaning they could have seen a potential 17% gain, even if they had bought just $5 worth—an amount I gave them freely to help them start their journey.

You can’t help everyone.

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Discussion

₿ujuX 1y ago

Not only can you not help everyone, they'll critize you and think you are crazy along the way. People still don't understand Bitcoin and the value of satoshis. There is probably a large portion of the population that needs authorities to tell them that it's okay, such as the govt or legacy media (ime., CNN, Fox etc).

₿lockchainYog丰 1y ago

They will be buying it when they hear it on CNN at 750k

Saying studies of shown those who buy bitcoin now are not only smart individuals but can make financial gains in the short and near term.

₿ujuX 1y ago

By then they will get way less sats than what they can at these relatively low prices.

I look at fiat like melting ice cubes.

₿lockchainYog丰 1y ago

Facts brother. Every one gets at price they deserve

Whitesnake 1y ago

Como não tenho muito dinheiro tenho que comprar sempre um pouco todo mês. É minha estratégia l, melhor que ser diluído pela inflação.

₿ujuX 1y ago

For real, though, if really adds up quick.

I was talking to an acquaintance recently and I thought they had exceed me, though, I suppose ones conviction is dependent on their risk tolerance and access to liquidity.

₿lockchainYog丰 1y ago

“Fiat is like a slow gas leak, unnoticed at first, but inflation builds until your wealth vanishes. Bitcoin is your safeguard.”

₿lockchainYog丰 1y ago

Ei, concordo! Um Sat por dia mantém a inflação longe.