HODLers make their own Luck
If I had a bitcoin for every time someone told me I was lucky for HODLing my Bitcoin, boy I tell you what
This weekend, it happened yet again.
We got to talking about investing and TSLA, and GME, and eventually bitcoin.
Some extended family members finally made the leap into bitcoin for the first time ever in the last couple weeks, don't get me started on how that may be a sign of top etc, but the inevitable statement came up.
They of course bought at pretty high levels compared with where it has been previously and they decided to tell me I was "lucky" to buy bitcoin so much lower.
While the statement itself might be true in the context that I was lucky to hear about it earlier than a lot of people buying now, but that is the extent of the luck.
(Source: https://twitter.com/Scaramucci/status/1363564305833222148/photo/1)
I did not get lucky to take the little bit of money I had available and risk it on something that most people believed would fail.
People called it a beanie baby fad to tulip mania to rat poison.
And I held it the entire time.
I spent hours upon hours reading everything I could on it and tried to understand the potential as well as the potential risks.
After all that research I concluded that the potential gains made the potential risk well worth it, so I put my money to work.
A few bull and bear markets later and I held most of it through it all.
That's not luck.
That's steel nerves and an unwavering resolve in my investment.
It's funny though, the more I research and learn, the "luckier" I get, so from that context, bring on the "luck"!
(Source: https://twitter.com/IIICapital/status/1363497491593838592/photo/1)
Just looking at this model, it should be pretty easy to see why bitcoin.
Who knew, bitcoin's price was pre-programmed all along!
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It is actually not luck, you saw what others could not see.
I presently have some friends that I tod about hive, but they chose not to see the picture I was trying to show them, they will finally understand but by then they will find it difficult to start because they will feel the price has gon higher and it is too late for them to start.
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You're one lucky bastard.
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The more of a bastard I become, the luckier I get.
Well said. Honestly, I do feel like a chump, but I’m buying as much BTC as I can now 🤷♂️
Well, this may sound weird, but there's probably less risk buying bitcoin now at $50k, then there was when I was first buying it at $1k.
Less risk, but less reward. 🤷♂️
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Check out the last post from @hivebuzz:
That picture sumurize it pretty well. That's also why so many have FOMO an invest in when it hits new ath all the times ...
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Good luck on the future. Wishing your more of it. :)
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Loving the meme, I've just recently learned my lesson and am a HODLer now. Hoping that you are right!
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