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Respectfully, this statement in completely absurd lol You don't want to be informed on if a catastrophic risk is actually credible on the best performing asset in history. Not a good way to manage long term money.

That doesn't disqualify the video and his statements that I assume you didn't even watch, lazy response. He also wouldn't be making a such a large play if he thought it was a legitimate risk, just like every other major player who has done their due diligence. People with skin in the game are...

I really hope Alex from Celsius goes to jail, I'll need to look for that. They tried to shake me down for 180k on the clawbacks. One of my blunders from last cycle. I had funds on there but when everything started going sideways I pulled everything off, a month later they went BK. A year later I...

Its a decentralized rules based set supply monetary network that everyone has an equal opportunity(no presale or premine) to participate in. It is also the most secure network every created with no company, person or group controlling the properties. I am not really concerned about the Quantum...

In my opinion 2017/18 is what solidified that Bitcoin was going to be of importance and "won", for those that recognized the following the risk was significantly reduced to make a large allocation: -It reached a 100B market cap, which is the network tipping point of market penetration that means...

It is not so much the access the capital but just to diversify out some to sleep better at night. I have been buying heavily since mid 2017 and had many multiples of appreciation, it is a considerable amount of my net worth at this point and am crossing into the very high category. My retirement...

I am the same, not selling any of my BTC for at least 5+yrs to likely never, just too much risk of ending up with less tryng to get cute. Not sure how likely but also hearing talks of removing cap gains and treating as an actual currency, Trumps entire staff are bitcoiners to different degrees...

Good God, what a day

Honestly, it is a little surreal on how this is all unfolding. Everything we talked about for years potentially happening is all starting to develop at a rapid pace. People who are positioned correctly are going to have their lives significantly change over the coming years. It is very exciting...

Anyone's best guess but if Trump wins think it is much less likely. Personally wouldn't try to time a trade right now, market could get parabolic at any time and some major unknown variables. We have been building a base for 6 months and we are right at that time in the cycle where things get...

Flirtlife, I believe I heard you say you work in traditional finance. That is the world I came from, got my degree in econ, worked at State street and Legg Mason in my 20s. Respectfully, you can't apply traditional finance metrics to this asset. This is a big reason why retail got such a head...

Comfortable enough where they are, lack of confidence in themselves, aversion to risk. Can be a lot of reasons

This is an interesting read on some of what you mentioned https://www.lynalden.com/bitcoin-a-global-liquidity-barometer/

Can't get on board with this but just a few points. Social skills are incredibly important whether playing the corporate game, managing people, running a business or being able to sell. Without this your value will be limited directly to your own personal labor which is going to severely cap...

It just makes sense on so many levels for these countries to integrate it into trade and their financial systems, in my opinion it is really just matter of time for them to gain understanding and acceptance. It is so much more functional than gold in that area and especially for smaller...

Right, you will drive yourself nuts worrying about short term price action and the million variables that are impossible to predict. The trend is your friend, adoption growing exponentially, fiat long term trend is always to devalue, avoid leverage and be patient. Lay up.

At this point, I look at BTC and as a very low risk lay up. Not many opportunities in a lifetime to have such a asymmetric low risk bet. Will be interesting to see how govts all react to it, in the end though, if they try to fight it they will be shooting themselves in the foot while the rest of...

oh yeah, crypto elicits typical market emotions on steroids lol Then throw in the fact many participants have minimal life and investing experience, it is the perfect ****tail to get wrecked. I know a lot of stories of people getting washed out in 18/19, can't imagine the type of regret they are...

Yep, agree, takes some experience usually to separate the two. Would add to that it also takes patience and resolve, especially if you are trying to catch a trend or cycle in its entirety. My biggest wins always took a lot longer to develop than I had originally anticipated but being early also...

Funny enough, I had around $500 worth of BNB from 2017 that I got for around $5, think I bought it because there was reduced fees trading and just let it sit for a few years. Thats one I got a 100x and was able to take half off the table last bull run, wish I had bought more lol You can...