Quote:
Originally Posted by ZTT
Since 2011 Bitcoin has gone from $1 to $20 to $2 to $1000 to $160 to $20k to $3k to $60k.
Leaving aside what the next stage in that pattern might be, what is it people who have done nothing at all with their bitcoin in all that time understand that people who cashed out at 100x or 1000x or 10000x and retired early are missing?
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Nothing wrong with cashing out at large profit. But those who learned/understand BTC don't sell so easily because they know a scarce finite asset vs. an infinite forever debasing asset will always lead to value appreciation. Simple as that.
We all look at BTC price vs. a fiat pair right? 1 appreciating with fixed supply vs 1 depreciating infinite supply. It's almost as clear as math. The only thing that blurs it for 99% of people is time, patience.