You're not the only one.

I know a LOT (staring at the BTC community) of people make grandiose statements about price not mattering and how it's a safe haven etc etc.

But it can and has be extremely volatile in price over the short and medium term. If you need to convert the BTC to fiat in the short term, this isn't ideal and is high risk.

As you zoom out a bit and lower your time preference ratio (The Bitcoin Standard explains this nicely) it becomes a different story.

It's a bet or wager on a financial revolution. An intergenerational shift in asset class.

Revisit your risk tolerances often. But a lot of people understand how you feel. 🫡

Reply to this note

Please Login to reply.

Discussion

No replies yet.