Oddbean new post about login | logout I don’t share the same excitement for 100k. We should be at 200 by now. Shitcoins are still pumping 30% every week but the king moves slow. But even at 200 I’d be sad that it gets you fewer sats. If your time horizon is indefinite, the longer we stay low the better.
Steady lads! The bigger the pump, the bigger the dump. A slow grind higher would be best. nostr:nevent1qqsdnyqta9kccnxw6a4jgckkk8cp8r38gcavcamkruj8lxsn90tkzegpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygqmcu9qzj9n7vtd5vl78jyly037wxkyl7vcqflvwy4eqhxjfa4yzypsgqqqqqqsdalvm4
We should be at 16k and accumulate, not blackrock.
That would be fantastic
I would have been far better off staying in Fiat if this were the case. Bitcoin should be at whatever the market says it should be at. Which clearly is not 16k.
yup! there is more liquidity in Bitcoin now and degens are able to get calls and puts now, so there may be a lot less volatility relative to the moving average going forward.
This is worth reflecting on 🫂
My timeline is my lifetime. That's all I really have. Indefinite is a myth. People use children or future generations to delude themselves into thinking that is an extension, but it isnt. They could piss it all away, die, etc and you can't control that. I want freedom and prosperity in MY lifetime. That by extension should apply to people in the future. I think slow and steady up and right is the most sustainable, but I think staying too low for too long is a net negative for Bitcoin. Sure, you don't get ridiculously cheap sats, but that isn't what drives a free market. I also think the price increases encourage more people to come into the space. That is what initially caught my attention. I stayed for a lot more than that.
Not deluding. Some people think beyond their own self believe it or not. They also prepare their kids.
True, I think each of us tries to strike a balance in this regard .
You can't get to 200 without going through 100. It makes no sense to not be excited about getting closer to what would excite you. nostr:note1mxgqh6td33xva4mty33ddv0szw8zw336e3mhv8ey07dpx27hv9jsz76x7z