These cycles are clearly easy to understand. I agree with you that a lot of people buy in at the top of any cycle and then sell at the Lows. It’s human nature. And this will all happen again at a half a million or $1 million per bitcoin. Bitcoin is gonna separate the speculators from the investors. Surviving that first cycle is pretty tough, especially when you’re young. I started buying bitcoin at $6000 and it went down below $3000. I’ve been buying every day since.

If you leverage yourself and get a margin call, you can lose everything with a 50% drop.

I drive through small towns quite a bit and a lot of them have one little business left. Once we have real money where work is actually rewarded again. These small towns will start to thrive again. With Fiat that flows to the capitals of the nation and large connected corporations, the small business, and the small towns didn’t ever stand a chance. With or without China.

Cut out all spinach. Boiling it can cut out some of the oxalates, but basically the stuff is poison. We’ve been lied to for decades.

I will be 10 years buying daily about 3/4 of the way through this year. I started out as a diversification concept and now I live on a bitcoin standard. You will too in nine more years and it happens faster than you think.