Value Your Wealth In Bitcoin
"In this video, I discuss the various reasons why you should value your wealth in Bitcoin.
Altcoiners are trapped in a fiat unit of account mentality and still prefer to value their wealth in US dollars or other fiat currencies. They are quite focused on pumps and XYZ coin to the moon, while missing the big picture.
Holders of weak fiat currencies like the Argentine peso have a much better understanding of why you should hodl. There's no rational time to convert your US dollars back into Argentine pesos. Likewise, there's no rational time to "take profits" and move your Bitcoin savings back into fiat which stores your economic energy as well as a melting ice cube.
It's quite unlikely that you will be able to successfully outperform just hodling Bitcoin by trading shipcoins (altcoins), especially after paying all of those short-term capital gains taxes, while also having to avoid accidentally stepping on a land mine.
Capital will continue to flow from the weakest forms of money (shipcoins, fiat) to the apex predator of money (Bitcoin).
Don't be like a shipcoiner who thinks only in fiat. Slowly let Bitcoin become your unit of account."