White Dog Black Cat's avatar
White Dog Black Cat
whitedog@primal.net
npub1qdep...luja
Just your average bitcoiner! All zaps will be HODL till $1000 so I can donate them to Primal!
White Dog Black Cat's avatar
wdbc 5 months ago
Just read a post about a dude freaking out because the #Bitcoin price in USD has gone down so much. Why is he stressed? -It’s his largest allocation. -He has made financial commitments (let’s assume leverage). My unpopular opinions: You don’t need to be all in on #Bitcoin. If everyone is correct than 1 or even half a Bitcoin should be enough to secure your future. Just work towards that over time. I know it feels like time is running out but just do the best you can and unless you can afford to have all your eggs in basket, don’t put your entire net worth into #Bitcoin. I’m a believer, but I don’t need to be a Bitcoin Billionaire in the future. Second, stop using leverage that puts you at risk of getting wrecked. Debt is evil and not
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wdbc 5 months ago
Unpopular opinion. While I appreciate Saylor’s love of #Bitcoin and evangelism, he did use leverage to buy #Bitcoin vs. staying humble and just using a portion of profits to buy #Bitcoin. This actually undermined the point that he was trying to make, especially if Microstrategy goes bust. Don’t borrow money to buy #Bitcoin. You will get wrecked.
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wdbc 5 months ago
Imagine if we just hung out in the $80k region over the next year and then #Bitcoin ripped again to new heights (or the dollar continues to new lows)…think of all the glass hands that will be crying 😂