Furious Honey Badger ⚡️'s avatar
Furious Honey Badger ⚡️
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Bitcoiner, free mind, unchained soul!⚡️🧡🦡 Notes on building wealth and freedom 🖋️
It's been a good day, friends. Let's see how much money we lose tomorrow. GN.
If the price of Bitcoin crashes and it doesn't affect you, there are two options: - You hold $2,000 worth of Bitcoin and are happy to be able to do DCA. - You hold so much Bitcoin that no matter how much it falls, you continue living like a king. The rest of us get upset if Bitcoin falls. I don’t make the rules.
Some objective data: If you held bitcoin for 5 years you endured 2 bear markets, one of -80% and another of -40% so far, to obtain a worthless +82% (The SP500 has risen +76% in these 5 years, but without those drops) AND WAIT A FEW MONTHS, we are probably going lower, makes no sense to HODL something for so long for this absolute shit. image
Last 5 years: - 4 year cycle theory - You make more money buying SP500 or Nasdaq with way less volatility and stress - We eat 2 bear markets 80% drawdown - +84% in 5 years "everything goes to zero against Bitcoin" 😂 "Best performing asset" 😂 And wait, Bitcoin is going lower, wait for the numbers when we are at 50K. Holding Bitocin for 5 years for a negative return. Even holding real state is a better deal than this absolute shit. image