I stopped telling people to buy Bitcoin years ago.
I'm not an investor. I don't want to manage a portfolio. I certainly don't want to advise others.
I'm ok with all my eggs in one basket.
Other as...
These are things people often say who got in early.
For someone who bought bitcoin 4 years ago and has not kept up with inflation, it hurts. Particularly in a time when many other investments have increased substantially on a relative basis.
Bitcoiners are great at rejoicing/dunking on people when bitcoin is rising relative to other assets. But then when price action is poor, the comment is "I don't care about the price"
Its kind of silly. The purchasing power of a money (or an investment) is one of it's most important qualities given the money can't be used for anything other than trade for a good/service that a human actually needs.
There is a reason we celebrate the price going up dramatically. It is OK to be sad when the opposite happens and shiny rocks destroy bitcoin performance 1 year.
For someone who bought bitcoin 4 years ago and has not kept up with inflation, it hurts. Particularly in a time when many other investments have increased substantially on a relative basis.
Bitcoiners are great at rejoicing/dunking on people when bitcoin is rising relative to other assets. But then when price action is poor, the comment is "I don't care about the price"
Its kind of silly. The purchasing power of a money (or an investment) is one of it's most important qualities given the money can't be used for anything other than trade for a good/service that a human actually needs.
There is a reason we celebrate the price going up dramatically. It is OK to be sad when the opposite happens and shiny rocks destroy bitcoin performance 1 year.
