This is one of the hardest lessons I’ve learned on my journey and something I have mid curved TF out of. Seems like most bitcoiners (myself included) are generally pretty bad at calibrating this. We exist in a state of constantly thinking the whole world is going to collapse tomorrow. That is a rational perspective. We can see how fragile the system is. We know it just takes the wind to blow the wrong way for it all to crumble. But we underestimate how irrational human beings are and how much energy and resources will be put into propping this system up. Applying logical thinking to an irrational system and then getting frustrated when you don’t get the results you thought is a pretty brutal process. Or maybe I’m just an idiot 🤷🏻‍♀️

The market is definitely staying irrational longer than you are staying liquid

Wild

Bitcoin community in shambles rn. Saylor selling bitcoin after preaching never sell your bitcoin. Odell going back to twitter after preaching nostr only for 2 years The grift will continue until morale improves.

Correct, value prop remains unchanged. Debt based system still exists. I’m not selling any BTC because the price in dollars went down. I would argue time horizons and peoples preferences are all relative. To a bitcoiner two years isn’t a long time but to someone trying to build financial freedom and compound wealth, two years is a material amount of time with material consequences. Just pointing out that in a time period where, in theory, bitcoin should have outperformed literally everything (tradfi was even calling it “the debasement trade”) it was one of the worst investment you could have made. So the only option is to just cope and double down on your conviction…

Somewhere in the midwest Luke Gromen is sitting on a lake completely unbothered. Good for him. Dude really sold the top and people thought he was crazy.

Okay I’m done crashing out. Time to go touch grass again

At least I wasn’t dumb enough to buy STRC 😂

In all seriousness though this is actually wild. You could have literally put your money in anything but bitcoin or other shitty crypto tokens and done better

“tImE pReFeReNcE BrO. Read tHe BiTcOiN sTaNdArD.”