Hodling is harder, the poorer that you are.
Stop praising rich people for purchasing yet-another asset, as if they were martyrs, instead of millionaires.
Discussion
Exactly! Ain't no body special. You either have or have not. That's about it.
Here's who would have bought and hodled Saylor's Bitcoin:
Someone else.
The good news is, no one ever owns anything.
That's not an endorsement.
Yea, it's not a hard choice to hold an asset when there is no pressure to sell it for survival.
I'm not even rich, I'm just middle class, but I felt little financial pressure to sell during that last big dip. Just social pressure, which was nerve-wracking, but oh well.
It's easy to avoid the social pressure by omitting the fact you hold any btc 😆
Hard to hide it from the guy who is paying for it. 😅
Sell the gold instead 🤣
It's not worth much, unfortunately. 😅
But one day... one day... gold will bounce back. Right after silver does. Only been waiting *checks notes* over a decade.
isn't gold at ATH?
Yeah, but it's barely keeping up with inflation. Safe-haven, not inflation hedge, but still.
It's worth is satisfying the guy buying your btc, for a bit, maybe.
Silver and gold should not be used to get rich and make money. Silver and gold are a store of value and are useful if everything falls apart. Nobody gets rich holding Gold or silver. I still think it is worth holding some for a worst case scenario, but not for making money.
Yeah, but painful watching them slowly, steadily demonetize like that. Eventually, they'll just be commodities, like corn and copper.
The trick is to move the representation of wealth (money) to the holders of real wealth (workers). Can't wait for bitcoin to pull the biggest value swap in human history, fuck the fiat millionaires.
nostr:npub13ljnkd633c7maxatymv3y2fqq8vt3qk7j3tt0vytv90eztwgha9qmfcfhw with nostr:npub1flac02t5hw6jljk8x7mec22uq37ert8d3y3mpwzcma726g5pz4lsmfzlk6 et al makes this problem less difficult via stablesats