Oddbean new post about | logout
 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