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Danny ₿
b79bf18ec43b91b8a9b1b7770473414b02df06aecfe6ad267944359aafb07c0c
Understanding Bitcoin as a way of life

?cid=586b07f05uru3y5m46arzrdgmk7ftl3wl3tsjvzyad4sy72l&ep=v1_gifs_search&rid=200w.gif&ct=g Lightning Sounds Money

⚡🔊💰

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[ref:p:cf473ebe9736ba689c718de3d5ef38909bca57db3c38e3f9de7f5dadfc88ed6f] can be accessed via web if that's the case. we're not limited to Apple's monarchy nostr:nevent1qqs0r2dgmv7acm448hecgm49zwk90nlctutr8hsg37q7xngqv6ae0fspzfmhxue69uhkummnw3ezu7nzvshxweczyz5smvks9srwz4hdmzq4z4jeptpy6uxlk7d53rauzcjh9mqhan0xgy8gnyv

Hello Work / Day 22

?cid=586b07f0cwljek7xuxy3ml0fb6bq9vyvs8xbex979e14gkax&ep=v1_gifs_search&rid=200w.gif&ct=g ⚡🔊💲

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Despite all of this, 29.1% of Bitcoin hasn't been moved.

After periods of intense volatility and severe drawdowns, Bitcoin investors didn’t run for the exits when they saw light at the end of the tunnel.

They just held their Bitcoin.

They didn’t sell when they had a chance to recoup their losses.

They just held their Bitcoin.

They didn’t sell when they had a chance to secure massive gains.

They just held their Bitcoin

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It ripped higher post-COVID, hitting Q1'21 highs of $64k.

Then it fell more than -50% from April'21 - June'21.

It recouped those losses, gaining +139% through Nov.’21.

Over the next 12 months, it fell -77.5%.

Since the Q4 lows, BTC has gained +96% in ~8 months.

/1

29.1% of Bitcoin hasn't moved in 5+ years.

That's absolutely insane. Think about it...

5 years ago today, Bitcoin was trading at $6,500.

It fell to $3,100 five months later, falling -51%.

Then it ripped back to $13,800 from Dec.’18 to June’19.

BTC fell another -50% in the 2nd half of 2019.

Then it jumped to $10.5k in Q1'20.

COVID happened & BTC fell -63% in one month.

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