There are some hidden truths about #Bitcoin that can only be learned through success or years of failure
After buying two cycle bottoms and selling the April 2021 Top I will share the truths I have discovered with you
Here are 5 hidden truths about Bitcoin
A thread... 👇🧵
After buying two cycle bottoms and selling the April 2021 Top I will share the truths I have discovered with you
Here are 5 hidden truths about Bitcoin
A thread... 👇🧵
1. WNAGMI
The people that are successful in Bitcoin depend on those that make mistakes to make gains for themselves
Did someone tell you that Buying at 69k was smart, because eventually Bitcoin would go back up?
The people that sold their coins at the top thank you!
The people that are successful in Bitcoin depend on those that make mistakes to make gains for themselves
Did someone tell you that Buying at 69k was smart, because eventually Bitcoin would go back up?
The people that sold their coins at the top thank you!
2. HODL'ing is dying
Stop listening to people who tell you how successful you would have been if you bought and held Bitcoin from $10
You did not buy at those prices!
Holding and never selling is getting significantly less effective, and will continue to do so over time
Stop listening to people who tell you how successful you would have been if you bought and held Bitcoin from $10
You did not buy at those prices!
Holding and never selling is getting significantly less effective, and will continue to do so over time
3. Returns are Diminishing!
The HODL narrative tells you that one day mass adoption will occur and everyone that held will simultaneously get rich
Sound too good to be true? It is.
If you look at the returns from cycle bottoms to tops, you will realize they are diminshing
The HODL narrative tells you that one day mass adoption will occur and everyone that held will simultaneously get rich
Sound too good to be true? It is.
If you look at the returns from cycle bottoms to tops, you will realize they are diminshing
4. Time is running out
I'm going to tell you something that will probably hurt your feelings
You are not early to Bitcoin!
Who was? People that bought at $10, which you are not one of
Time to even get semi-big returns is dwindling, you need to hurry!
I'm going to tell you something that will probably hurt your feelings
You are not early to Bitcoin!
Who was? People that bought at $10, which you are not one of
Time to even get semi-big returns is dwindling, you need to hurry!
5. Bitcoin doesn't fix the world
Bitcoin is not the safe haven they pledge it to be
What it does do is let investors take advantage of people's ill-knowledge and greed to make great returns
This narrative was created so that you would rather go to your grave than take profit
Bitcoin is not the safe haven they pledge it to be
What it does do is let investors take advantage of people's ill-knowledge and greed to make great returns
This narrative was created so that you would rather go to your grave than take profit
Did these truths make you emotionally upset?
Do you think that's the proper response to have when thinking about an investment?
I like Bitcoin, I use it. But understanding how it works allows you to be maximally successful.
Bitcoin won't die, but frequent ATHs might
Do you think that's the proper response to have when thinking about an investment?
I like Bitcoin, I use it. But understanding how it works allows you to be maximally successful.
Bitcoin won't die, but frequent ATHs might
Thank you for reading!
If these truths resonated with you or you enjoyed this, be sure to like and share this thread
Want more? Subscribe to my free newsletter for psychology information like this or my Premium where I break down Bitcoin data for you
cryptocon.substack.com
If these truths resonated with you or you enjoyed this, be sure to like and share this thread
Want more? Subscribe to my free newsletter for psychology information like this or my Premium where I break down Bitcoin data for you
cryptocon.substack.com
• • •
Missing some Tweet in this thread? You can try to
force a refresh
