I had a nephew call me when bitcoin dipped below 100k and asked me if it was a good time to buy bitcoin because he just bought some. I replied 'why are you asking me now you already made your decision. Well at the very least it's better than the all time high. Hold it 4 years and you're almost guaranteed a profit.' When I hung up the phone, I thought this was signal. ATH is in for this cycle. Not financial advice and I didn't tell my nephew this because my advice is about as good as Kramer. I still have my hodl stack, but sold some of my trading portfolio. Bitcoin has never been through a market cycle downturn like 2008 and we are overdue.. My guess is it wouldn't be good for price in the short term. I am a bitcoiner. It gives me hope for a better future, but I'm entering retirement so risk management is a real thing.✌️💜🫂
"What's so funny about peace, love, and understanding."
Elvis Costello
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Replies (3)
🫂 💜
Bitcoiners entering retirement are the real deal, nice to meet you.
I also had coworkers ask about it once it dipped, it's a signal for something, that's for sure. But I'm simple, just DCA and live life.
Keep it simple...