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zhenya
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What if mammoths had #Bitcoin? To each according to their work. Better, everyday. 🦣 ❤️

Redacted to protect the anon. Cheers 🌽

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Classic mid twit. Price down = fail.

Ignoring new monthly active users (etf holders will dca), growth of realized of TAM (digital gold bitcoin sub unit), GBTC etc. 🤡

Ignoring hash rate, bitcoin etfs doing more volume im 3 weeks than all new 2023 etfs all year. 🐻

Like in business, price or revenues are lagging indicators. 🌽

We should be flattered. The same weak arguments they use to attack successful companies, entrepreneurs, movements are coming at bitcoin. We are in terrific company. 🫶

Zaps will continue as you share these valuable resources

Riskier indeed because you are marked to market and no eviction is required

I find myself prepping a mid twit response like Home value increase - (txn costs of getting in and out of property) - (opportunity costs of down payment) - (illiquidity premium) - (bank interest) - (property taxes) likely negative expected value in a majority of random walks.

Then the giga brain says - own the roof over your head. That is all.

Trading bitcoin is like gambling. Early wins are your enemy because you feel succeasful. What keeps me hodl is that i know i trade it once, ill be inclined to trade again in the future. If the EV of every trade is negative youre locking into a losing habit.

This is why multi-sig self custody is important. Its expensive to trade. That expense protects you from yourself.

Life is stressful over there. I love the queue nature of nostr. Scroll across time, not across stimulus. Want to see something specific? Search. Search for folks you follow, search others posts and replies, be engaged. Its more work but that means maybe you do something whether its content or otherwise. When its easy humans show they will doom all day.

Replying to 516add19...

People on coke are MOTIVATED....until they come down. Then they are just motivated to do another line.