Here’s a fun bear market story.
I was on a zoom call with two bitcoin friends when bitcoin was at $17k.
One friend a millionaire, the other a billionaire.
The millionaire was talking about buying bitcoin, but was anxious and wondering if he should wait for lower prices “what if it goes to 12k??”
The billionaire goes, “put a big slug of your money into this thing right now in the next hour. I just did.”
The millionaire goes “fuck, ok. I guess I will”.
The lesson?
The billionaire made his decision quicker and more aggressively than the millionaire. He didn’t wait around for anyone else’s opinion or approval. He acted with haste and encouraged others to do the same.
I was on a zoom call with two bitcoin friends when bitcoin was at $17k.
One friend a millionaire, the other a billionaire.
The millionaire was talking about buying bitcoin, but was anxious and wondering if he should wait for lower prices “what if it goes to 12k??”
The billionaire goes, “put a big slug of your money into this thing right now in the next hour. I just did.”
The millionaire goes “fuck, ok. I guess I will”.
The lesson?
The billionaire made his decision quicker and more aggressively than the millionaire. He didn’t wait around for anyone else’s opinion or approval. He acted with haste and encouraged others to do the same.
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