Wasn’t seeing your zap bolt at first. Now I see it ⚡️
Here’s a virtual zap, sir ⚡️
We’re all just zapping the shit out of each other ⚡️😂
If Elon Musk saw what was happening over here with zaps his Dogecoin dreams would be instantly shattered.
I still think they will. Everyone will have zaps one day. It’s inevitable.
I feel like I’m starting to get addicted to nostr…and zapping. 😳🫣⚡️
Hey, #[0] when LNURL/BOLT12 support on CashApp? Or is it already there and I’m just dumb?
I’ll pay for a better nostr experience…my free relays are dog shit and I want this to work. Shill be the best one-time payment nostr relays.
stay humble and zap sats ⚡️
Or is it because my relays suck that I can’t see all of his followers? People are telling me that they’re seeing a much higher count.
Is it really though?
You can get a ballpark sense of how many people are actually on nostr by looking at how many followers #[0] has…last time I checked…2,094 followers. Because, let’s be honest, who would join nostr and not follow him? 😅
Store your value in anything other than bitcoin and I bet you’ll end up with fewer bitcoin in the future.
https://twitter.com/w_s_bitcoin/status/1630400465635627008/video/1
Crypto enthusiasts are upset by Gary Gensler's reassertion that he sees Bitcoin as a commodity and everything else as an unregistered security. They fear SEC regulation but fail to realize that if their favorite crypto projects were truly decentralized, regulators wouldn't be able to do shit about them.
Sure, they could shut down the on/off ramps, make tax laws unfavorable, hell...even make ownership illegal for everything (bitcoin included). But you know what they can't do to Bitcoin that they can do to crypto? Go straight to the creators, the foundations, or the companies who are responsible for creating and maintaining it. They can't reverse the network effect that Bitcoin has already established or convince the die hard bitcoiners to stop believing in it. If anything, any attempted regulation of Bitcoin would only add fuel to the fire and embolden bitcoiners to fight back that much harder.
Bitcoin is literally built for this fight and its users are aware of what's at stake, our monetary freedom. We're willing to go down with the ship but we also know our ship ain't going down. Crypto, on the other hand, isn't built for this fight...it's weak centralized garbage and its days are numbered.
Lump sum (LS): one initial all-in purchase
Dollar cost averaging (DCA): even purchases made over a period of time
LS is a much better #bitcoin savings strategy compared to DCA.
The following analysis calculates the returns of each strategy across multiple time periods.
The longer the time period, the more likely LS will outperform a daily DCA strategy. In general, LS outperforms on up swings and DCA outperforms on down swings. Over the 3 & 4-year periods, the only time DCA outperforms is near cycle tops!
🟠: Lump Sum > DCA
🟢: DCA > Lump Sum
https://pbs.twimg.com/media/Fo9CkjcWYBYOyk-?format=jpg&name=large
These figures show the returns for each analyzed period and with varying degrees of an initial LS + daily DCA. The bottom represents a 100% daily DCA strategy and the top represents a 100% LS strategy. The middle would be a 50% initial LS + 50% daily DCA strategy.
https://pbs.twimg.com/media/Fo9C7vTWYA4GFQY?format=jpg&name=large
https://pbs.twimg.com/media/Fo9C9r_WYA0uUw0?format=jpg&name=large
https://pbs.twimg.com/media/Fo9C-5PWYAUO_Fo?format=jpg&name=large
https://pbs.twimg.com/media/Fo9DAP-WYBwmeyL?format=jpg&name=large
Over all time periods, the median return of the LS strategy is much greater than the median return of the daily DCA strategy. The longer the time period, the more pronounced this difference becomes.
LS is a high risk, higher rewards strategy. DCA is a more conservative strategy.
https://pbs.twimg.com/media/Fo9Dj31XEAA1ksv?format=jpg&name=large
https://pbs.twimg.com/media/Fo9Dp-xWYBIMIhM?format=jpg&name=large
https://pbs.twimg.com/media/Fo9Dqw0WYAIs07c?format=jpg&name=large
https://pbs.twimg.com/media/Fo9DrlxXsAE9jRk?format=jpg&name=large
In summary, the LS strategy consistently outperforms the daily DCA strategy across every analyzed time period and throughout all of #Bitcoin's history.
When saving in #bitcoin, time in the market beats timing the market!
Data source: Glassnode
Sponsors: BTC Times & Satoshi’s Journal
V4V donations gladly accepted! ✌️🍎🍻
https://pbs.twimg.com/media/Fo9J4XjXwAEQpxK?format=jpg&name=medium