Nostr Web Client

I know this is hard for pre-coiners to believe, given that what they’ve been told about Bitcoin is that it’s risky, but it’s now been demonstrated that there is not a more conservative investment than Bitcoin.

Literally every other asset class carries more risk of:

1. dilution (e.g. equities)

2. debasement (e.g. currencies)

3. counterparty failure (e.g. bonds)

4. ongoing CapEx/OpEx maintenance (e.g. real estate)

Bitcoin still faces regulatory risks, but those are fading now that Gensler is on his way out the door, and perception risks (environmental, legal), but those are fading now that Digiconimist has been repeatedly exposed as a liar and it’s overwhelmingly clear that Bitcoin is used by more than “just criminals.”

The main risk I see now is a personal/emotional one. The average investor performs poorly because they FOMO in and panic sell rather than simply hodling for a long time.

The results of a dispassionate DCA strategy are both obvious and profitable.

#StayHumble #Hodl

Reply to this note

Please Login to reply.

Discussion

Dave🐸 1y ago

thank the Nocoiners for keeping the sats cheap😎

j'ai les clés 1y ago

There are no nocoiners, only precoiners.

😉

TheBitcoinBattery 1y ago

Ultimately, people have to learn what proof of work means. They have to do the work to understand, which includes losing time and money until they do. Once they put in the work themselves to truly understand though, is the moment they shift from chasing quick profits to patiently waiting for slow wealth accumulation to occur over time.