Oddbean new post about | logout
 Yes. I agree. I say perpetual bid because on a log chart they will be always look like buyer’s. The Hedge Fund Carry Trade unwind continues and I think that the suits will learn the hard way by trying to outsmart this asset and failing. I know I did. Just about everyone I know did. I look at each of my BTC purchases as its own 4 year minimum hold period. 
 Agreed 🍊🚀

Tempting but potentially lethal to trade ☠️ 
Better to just HODL! 
 Yah. I’m not smart enough to trade this asset. It usually does the opposite of what I think. When I stop thinking it goes up. I understand the long term benefits and will stick to that otherwise I’m just gambling 🤪