Oddbean new post about | logout
 All normies in the sidelines waiting for btc to hit 100k and immediately correct to 80k.... 
 Was thinking about this earlier. 

Normies all operate on the “diversification” mantra, and none of them hold anything for the long term; it’s all gains chasing through flipping.

They’re basically doing the exact opposite of what the wealthy do in selecting a handful of good ideas and going all-in and holding on for years.

That might be the biggest education gap between those who have been successful in Bitcoin and those who haven’t - those who haven’t “took profits” and those who have are still riding. 
 Totally agree