I lived through so much of this since 2017 that I just assume after we hit an ath we are pulling back at least 30%. We used to talk a lot about low time preferences. I don’t know if people just think they're running out of time or don't have the fortitude we did before covid. Either way, it's time to rest and stack if you can.

Reply to this note

Please Login to reply.

Discussion

Indeed. Tune out, pickup some cheaper Bitcoin, and focus on what’s going on in your day

I actually love that about Bitcoin. I don’t really care what the price is, as I know 1) long term it’s going up and 2) I actually don’t need to sell right now per say

It’s money

It’s different to an equity. A 30% pull back in a company would have everyone worried about bankruptcy, going to zero, obliteration of capital, but with Bitcoin as a network, once you study it long enough, you realise that going to zero is probably as close to zero chance as you can find…

🙏🏻

Sick pedo