Oddbean new post about | logout
 Ouchhhhhh. Is he still waiting lmao 
 He actually called me on the FTX implosion dump and bought 10 million sats or so. But he called me a few days later and told me “every time it goes below 15k he will buy more” but it never did and now he has a tiny stack and I’m sure a lot of regrets 😂

I have told him so many times, your price targets mean nothing, Bitcoin is going much higher. Just DCA and chill. But he really sucks at accumulating assets. Makes up these numbers that are too low and removes himself from the game being delusional. 
 Yeah this friend of mine doesn’t seem to understand that the price isn’t really important when you have a long enough timeframe. They’re still thinking in terms of fiat. We can’t really blame them when they haven’t put much time into studying this stuff. I can’t count how many books, articles, and podcasts I’ve learned from to get to this point.