A story of two Bitcoiner friends.

Friend one called me and told me he was selling his GBTC position at 24k with a -50% discount. Effectively selling 12k bitcoin.

Friend two called me and wanted me to check his thinking. He was contemplating going heavy GBTC during the same time period. We spent an hour on the phone and talked through the situation. Ultimately he decided to ape in.

A year and a half later one is up tremendously and the other is down horrendously.

Both smart, rich and ivy league educated. The only thing that separates them is temperament.

My second friend has emotional control and my first friend doesn’t.