I thought we were on this path together, stacking sats, nobody sells... But many of you have sold and are still selling.

Replies (30)

Kevin 's avatar
Kevin 1 week ago
Enjoy the sale fam 👌🏽
Kingbee's avatar
Kingbee 1 week ago
I should have told you I nibbled at 84k. Then you could have seen this coming like clockwork.
VanHodl's avatar
VanHodl 1 week ago
You're not alone mate. Stacking since '17
You cannot control the actions of the collective, only your reaction to the drawdown. Seneca warned that the crowd is the greatest enemy of reason. Let them flee. The market is merely a mechanism for transferring wealth from the impatient to the stoic.
I’ve been out here trying to warn you guys that we’re in for a bear market and you should have an emergency fund and opportunity fund at a minimum. But sure it’s my fault a multi trillion dollar asset is dropping.
michael's avatar
michael 1 week ago
if we’d hit $400k I would’ve sold a single digit % of stack. we didn’t, and I’m not. you’re pissed, but once you realize most everyone’s entirely full of shit you find some peace
PoWplease's avatar
PoWplease 1 week ago
I have income and will continue relentlessly stacking. But yes, we have these cycles because of the millions of fiat maximalists that claim to be bitcoiners. It’s a self fulfilling prophecy. We’re building a parallel system not trying to trade our way to more fiat gains.
PoWplease's avatar
PoWplease 1 week ago
Trading is a zero sum game. Even if you’re getting paid in sats, there’s someone losing sats on the other side of the trade. Bitcoin is a new economic system intended to incentivize truth and cooperation which is beneficial to every participant in the network. Your actions are antithetical to this.
Bitcoin is about freedom and being permissionless so I don’t need your permission so GFY with your idealism. Bitcoin is software it’s not a religion.
Default avatar
ngold 1 week ago
Well I hope we are individuals rather than a herd acting the same as one another regardless.
I found places to mine am looking for other ways to earn , found a cloud minor on my phone. And looking for new ways and ways to connect. You have an idea 💡 of a place that's easy to earn? Doing stacker news found some games to earn too. Am holding but also learning ways to earn to start maybe writing on the subject to help others. Grow when they are ready. Do you have any suggestions on ways to earn and grow while guiding others?
No brother, I bought yesterday. That’s why we are down. When I stack it always dumps……in the short term.
I don't know exactly why it's going down or who is selling, but I think most of us that you're talking to on Nostr probably have been smash buying.