rwitre wrote:Black Thursday. March 12th 2020
On this day many Bitcoiners saw deep red in their portfolios.
Many capitulated. Some held on. Few bought in heavily and averaged down.
Today bitcoin is
10X up from this bottom.
Here's the thing: The more you research on Bitcoin, the more you feel you don't have enough sats.
You will welcome dips.
Some will cash in when they get life-changing amounts of money. Good for you.
Others will stack sats till they die, using BTC as collateral to access fiat loans, but never "cashing out". Pass them over to their kids who will continue the cycle.
In a generation of never-ending money printing by governments, 1 BTC = 1 BTC Keep hope alive my broda
One quail egg is still one quail egg today and its value is near zero.
Further back, one Amsterdam tulip is still one Amsterdam tulip yet its value is anjira (or JIRO as my Indian buddies say).
The shaving is coming,just be patient.
I remember during the dot com bust of 2001. Companies like JDS Uniphase were soaring like eagles to cazy mind boggling figures. Worldcom pia. Sijui Extreme Networks etc. Whenever they would fall 30% in a day, the lemmings were told "buy on dips because it will go even higher still!"
We were told that those companies were HERE TO STAY because fibre was the future and they would be here for the next 1000 years?
WAAAAPI? Within one year they were
all JIRO!.
We have been hearing the same drumbeat of noise about Bitcoin for the past few years.
Mark my words, Bitcoin shaving will be
the greatest shaving in history outside of the corona shaving..
Why? I have said it a million times hapa before.
Nobody in history has ever repealed the law of supply and demand.
Stalin tried.
He killed 10 million as he did yet failed miserably.
Who do you think started the bitcoin con-system to begin with except those same same dark forces you say are money printers. Just read the bitcoin storo and bio of that so called founder and ask yourself if that storo even makes sense?
Meanwhile you will keep coming back to us to rent, sleep on, eat on, get food from, go to a classroom on, relieve yourselves on, or do business on, cry premium bitcoin loss tears on our Mugundas as it has been since Adam and Eve tilled the original Mugunda in Eden.
NIMESEMA!In the final analysis, it all boils down to sheer plain old hard work and dogged persistence. Nothing more, nothing less!!