Replies (70)
How do you even find out about these things? I suspect people I've orange pilled in the past have gone full retard altcoin, but I can never tell, because it's not like they come back around to me and tell me that they've lost all their money, or worse, that they're pumping something else.
he got 2-3 in a few years??? fml, I need to do better
did the guy ever manage to run a node before losing it all?
Stacking & Hodling is easy until it ain’t
🤣
Very sad. I've switched to telling people to research bitcoin rather than buy it. Too many stories like this one.
Take heart. Many of us quit shitcoins in 2019 and have bought nothing but bitcoin ever since.
Wisdom and understanding are even more precious than bitcoin.
Those who can be right & sit tight
Capital finds its level like water
I’ve done this in 2017, gambling on shitcoins hoping to “10x” my stack 🤣
It was a tough lesson… one I don’t want to think about anymore. I have yet to rebuild the stack I lost … 😞
I hear things through the grapevine. Also I’m very perceptive lol
He did a lot of stacking under 30k
You need better friends
:(
oh man... without lowering time preference, it's so hard to hodl Bitcoin while seeing shitcoins getting pump for a few weeks. I got a theory that human doesn't like peaceful life. They want actions. Bitcoin most of the time cannot give them constant adrenaline..... feel sad for the guy 😭
For some, fiat disease is incurable.
Everyone's gotta touch the stove.
Some gotta touch it more than once.
Pain.
I have a friend that stacked 7 btc and he started in 2021. Not everyone buys $10 at a time like on bt
Some of the hardest tuition fees are not only self-induced by greed, but also ones in which you “help others see the light” & encourage them to invest alongside you in the next big thing
This story ends painfully. Will they have the heart to admit fault? Time will tell
One could argue that he never really did see the light
You hate to see it.
Tell me you were friends with udi without telling me you were friends with udi.
2-3 Bitcoins on Runes? I'm going to puke.
And then there are people like me who see your post about this and are encouraged to continue stacking sats rather than playing in the casino.
The only other coin worth having anything to do with has to be Monero.
This is way too common an example. It takes 2 epoch cycles for the pain lesson to kick in 💀
Holding is not for the faint of heart, greedy, or impatient
Stay humble stack sats
RIP
Bro I'm all in and I'm no where near that.
Guess I just don't produce much financial value after taking care of my immediate and extended family
Frick.
The lesson of this story is instacart pays really well
Casino bright lights. But the house always wins
I actually am developing a service for these folks. Anyone who wants to invest in runes meme tokens can send their BTC to me. For a small fee of 20%, I'll hodl their Bitcoin for as long as they would like. When they feel like they have had enough pain, I send them their BTC back, minus the 20% service fee of course. Guaranteed to outperform whatever other strategy they are considering, if it doesn't, they get their full stack back (minus the 20% fee of course). Please spread the word!
ingenious!🫡
Thanks! Pass it on! 😂
at least it will be a good cocktail party story about how your ex protige has become the leader of a shitcoin cult
gamblers will gamble
I'll do it for 10% :)
To the millions of people trying to decide which service to use, I encourage you to go with this other service if you want a bare bones, utilitarian experience. It is most likely perfectly adequate. To the more discerning investors, our service offers a truly next level, white glove, concierge partnership... well worth the small fee of 20%.
So he did not understand bitcoin.
And he did not understand RAROC - Risk Adjusted return of Capital.
I already knew what that meant but you drove that home with me with Bitcoin.
There is NOTHING that comes even remotely close to bitcoin in terms of RAROC. Bitcoin is actually extremely low risk with extremely high reward. People confuse low risk with volatility. There are not the same. Bitcoin is extremely low risk but extremely highly volatile.
Example : Nvidia outperformed bitcoin on 5Y but I would buy bitcoin before NVIDIA every time when adjusting for RISK and the value of portability of bitcoin.
It's extreme stupidity to trade bitcoin for runes.
crazy, people have such high ego and cannot accept reality.
Is Bitcoin a dark force? I think I’m getting scared. I do not want to jump into a garbage hold.
Salad hands
I had an employee that had 3 BTC in like 2016 as a high school kid.
I’m not defending it, but is there any chance he’s shilling the shitcoin to increase his own Bitcoin stack? I have this feeling that’s what many of the shitcoins throughout history have been.
in #Bitcoin we trust.
Pretty much all.
Hell, back in the early days 2015-2017, most of these only took BTC in exchange for their ICOs and then had Bitcoin reserves strategies in their whitepapers.
Stay humble, stack sats. Don’t get runed
Had
Wild how much consistency matters in life across all areas: health, diet, exercise, finance, job, family, friendship, etc.
Totally fair question. I would say this is : 1) naive at best and more likely just unethical 2) historical data says unlikely to work. So whether you want to speak on pure virtue or just likelihood of Bitcoin stacking success, it’s probably bad either way from what I’ve seen.
Bitcoin is the only things where we focus in Babylons. We try to give orange pillol to players
How does one work for instacart and earn that much?
Have a young friend who played with crypto in his early twenties. Got smart and consolidated everything into bitcoin. Then got married and sold most of his stack to buy a house. Now with wife and kids he isn’t “into buying low and selling high”, in which he’s totally missed the point of never selling his stack. Low time preference gets you a less than ideal result.
He came so close to a block reward just to lose to runes 😟
I think he was just working a lot a lot
Everybody gets what they deserve. No remorse for people like this.
He had the chance….
He can come back …
that's wild
Do your own research
Logic enters stage right...
Oh well.. you’ve tried
Damn…
