Great investors see value before the 99%.
The best trades feel lonely.
Trust your intuition.
#Bitcoin
When the voters of a political currency system become dependent to the distribution of new currency units for short term expedience at the expense of long term survival, the network effect has become entrenched into perpetual debasement until collapse.
#Bitcoin
Bitcoin's volatility is a symptom that people have no idea of the underlying value.
#Bitcoin
same here...the place i live in...trading is any cryptos/bitcoin is a punishable offence according to the national law...however,,,i can sense it that things are changing...people are talking about Bitcoin and slowly getting interested in it...though i believe things will take their natural course of time...i've had friends in Dubai & they say that its a very liberal place to live on bitcoins...however, moving to a foreign places also comes with its own tradeoffs (friends, families, emotional stuffs)...i recommend to lower your time preference and just try to orange pill people around you and create a circular economy, dont hold funds in an exchange and transact peer to peer...If you consider Bitcoin as money, their is not point booking profits and letting the Govt. take their cut. #Bitcoin.
True, despite all the benefits #Bitcoin offers...using and saving in #Bitcoin in countries, where it is still labeled illegal is still daunting...i guess the best option is to look for Bitcoiners around you in the city you live in and create a circular economy around (because being a lonely Bitcoiner is the hardest thing) + self custody it & then wait for some time as everyone will eventually say yes to #Bitcoin and adapt to it.
#Bitcoin Maximalism: All in on #Bitcoin
A diversified position does not show strength, it shows indecision.
Most investors don't diversify out of conviction. They diversify because they aren't sure.
Instead of making concentrated bets, they spread capital across assets they don't fully understand, hoping that one will work out.
They call it "risk management", but in reality its just a hedge against their own uncertainty.
But great investors don't play defense, they take high conviction position.
The biggest wins don't come from spreading risk. They come from knowing what matters and having the conviction to act and going all in.
I hate the fact that the state can create money in our name to undermine everybody's savings.
#Bitcoin
it doesnt matter when and at what price you buy #Bitcoin, what matters is how long you #HODL it.
#Bitcoin is an Ego Test:
It should not be about ego...
I know this and you don't...I know this and thus i'm better than you...
Instead : We just see the world differently. Here is my perspective of the world, I've tried disconfirming my perspective but it seems to be right...
And its ok, that you are comfortable with your perspective of the world if it works for you. Its a free world.
You don't have to feel better than others, Just try to be a better you.
the real challenge is : how can anybody fully value a solution unless they understand what the problem is ?