Bitcoin is a marathon, not a sprint. Most ppl ever involved in btc have already capitulated. It’s not easy to hodl. Well it is now with Wall Street buying, but in the pre etf era it was insanely difficult. That’s why we all still see the same faces on BT and nostr. It’s a small network. It’s like that thread I made a while ago that nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs brought to bt, ppl wouldn’t have held in their delusions that they wish they bought sooner. They would have capitulated, turned bitter, and have zero btc rn. Just be grateful you understand it now and grasp that conviction is everything
Discussion
It’s a really astute point. And if you’re going to be wrong, be wrong in an optimistic fashion. I’ve made a lot of wrong bull calls that haven’t been proven right… yet. But they will be eventually. Meanwhile the people who said bitcoin was going sub 10k post ftx have to sit there in there wrongness and be wrong forever.
“We weren’t wrong, we just extend the timeline” lol
I def thought btc would be a million dollars already but it doesn’t really matter since I don’t have leverage and can just keep waiting. Still driving an old car lol lifestyle creep gets most ppl in general. Patience is key.
"I’ve made a lot of wrong bull calls that haven’t been proven right… yet. But they will be eventually." They won't be considered right to Peter McCormack, pretty sure he won't be giving you back the bitcoin you lost to him!
Truth.