A move from 125k to 110k is so un-interesting Normal day for a Bitcoiner in HODL mode It’s almost funny All these people freaking out It shows you how many have no idea what they’ve actually purchased Bitcoin in self-custody is a superpower But the ones scared haven’t utilised that feature Likely don’t realise it’s possible Or been sold the lie they aren’t capable of it, lack the responsibility to be their own bank BTC Treasury co, ETF, exchange, they’re all derivatives Take responsibility for your wealth, yes daunting, but sooooo much more chilled on the other side of that learning curve I just tune out Focus on what you want to create Allow it to become reality 🙏🏻

Replies (26)

price of everything i buy just went up 10% in Bitcoin just by Bitcoin dumping!!! I GOTTA SPEND MORE SATS NOW! of course a hodler cant ever grasp this! When hyperbitcoinization? When actually Bitcoin adoption?
I do too when at home in Costa Rica. Am in uk right now and find it weird I can't. Its been interesting partially for the internal recognition finally of what I helped achieve in our community. It feels humbling and empowering at the same time. So yeah, tell the hodler to spend but also tell the merchants to accept. And personally, I tell the new adopters not to spend too much for first 4 years so they see its true power. Understanding lack of intermediaries is relatuvely easy for most. Understanding saving time takes... errr time
They are highly regulared and controlled in US and Europe (if you use a low quality ETF from southamerica, África, India, China… Then maybe) And Even if they have been playing games, they have no reason to stop because a dip
k54e's avatar
k54e 2 months ago
People leverage and place hope into alts for various reasons. I am sure now, a harsh lesson has been learnt. But they are still real people, who have suffered real loss, hope they are okay.
magnum's avatar
magnum 2 months ago
Normally I'd agree with you. This time we are experiencing the 70% drawdown phase, so for most investors, that's a heavy loss. It's particularly disapointing as the ATH occured at the start of October, which is historically a good month for Bitcoin.
Chris's avatar
Chris 2 months ago
Care to wager? I’ll take new ATHs before Feb 1, even money, for a tidy little sum of sats….😋