Burry has been wrong 99.99% of his calls
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Burry has been wrong 99.99% of his calls
When I was a kid my dad always made me work around the house and do yard work. I used to tell him all the time that I hated working and that I was going to get rich so I would not have to work forever. He would always say, âYouâre going to work your entire life so get used to it.â That put me on a mission to prove him wrong. I started working at 13 doing yard work for $4.25 an hour. By 15 I was working construction during summers while also working for the school district during the school year. At 18 I started buying stocks and at 21 in 2005 I bought my first house. I worked constantly but still could never seem to get ahead. Then 2008 happened. My house dropped around 60% and I had to sell stocks to pay off debt. It took years to recover from all of that. Eventually in 2018 I let the house go because it was still worth less than what I paid for it. I had to completely start over. Thatâs when I really dove into learning about entrepreneurship, real estate, crypto, the stock market, budgeting, and how money actually works. I became obsessed with figuring out how to get ahead. From 2017 to 2020 I was in and out of Bitcoin and altcoins but I still did not fully understand why I was working so hard without moving forward. Then around 2020 to 2022 I started studying monetary history and the money system itself. Thatâs when everything clicked. The system was designed to keep people working harder and harder for money that buys less and less over time. The endless devaluation of currency was the real problem. Once I understood that I started buying gold from 2021 to 2024 and bought about one ounce a year. But in late 2024 I truly understood Bitcoin and once again everything clicked. I sold my gold, sold the little bit of stocks I still had, paid off most of my debt, and went all in on Bitcoin. Since December 2024 I have bought nothing but Bitcoin. Now I finally understand why it always felt impossible to get ahead no matter how hard I worked. It was the debt based fiat system. For the first time in my life I feel real hope because Bitcoin gives people a way to finally move forward instead of constantly falling behind. I will probably never fully retire because I love building and creating. But I do believe Bitcoin gives me a chance to stop being a wage slave for the rest of my life. Bitcoin is hope really is a true phrase.
The supply of gold will double in the next 36 - 48 years diluting your scarcity value by 50%. The supply of Bitcoin will never increase so the scarcity value will stay constant FOREVER!
Michael Saylor believes Bitcoin will grow at a 30% CAGR. That would put Bitcoin at $105,300 in May of 2027.
âHold Foreverâ - A Bitcoin Song
I bought close to $2,000 of Bitcoin the last few days.
One piece of advice I would give to people who want to start buying Bitcoin has nothing to do with BitcoinâŚ. Itâs to first learn how to never sell your long term investments when life throws you a curve ball, when you desire something, or when a big event comes up. I seen too many people sell their Bitcoin for these things. Instead know that things will happen, youâll want something, or events will come up and save for that separate. Learn discipline to only buy with what you know for sure youâll never use until your long term goal of why youâre buying in the first place is satisfied. (Or never sell at all đ)
Welcome!
In real life, Iâve had people stop talking to me about money altogether because I keep pointing back to the same thing⌠fiat is the problem. And that challenges everything theyâve been taught and believe.
Bitcoin