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10 sats \ 2 replies \ @go OP 30 Aug 2022
Bitcoin is up 200,000% in the past 10yrs. To hold it for that period, you had to:
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Not sell a 10-bagger (usually a top career investment for people)
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Not sell a 100-bagger (prob life changing)
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Not fall for a scam
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Not get hacked
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Not have your coins in one of the many early "web wallet" services that ended catastrophically
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Not have your coins in some legit biz/service that turned into a ponzi due to mismanagement
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Not forget about your coins, forget your wallet pw, lose your keys
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Not have your coins on one of the 50% of exchanges that ended catastrophically before 2015
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Not trade-in your BTC gains from the 2011 bull run for gold in 2012 (worst trade in human history?)
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Not listen to media
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Not listen to academia
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Not listen to politicians
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Not listen to financial "experts"
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Not listen to (probably) your friends & family
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Not get depressed & sell during one of the 4 bears when BTC was down 80%+ for months and just sat there
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Not need the money to cover life expense
(just a sample from the post)
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7 sats \ 1 reply \ @manbytescamera 30 Aug 2022
Hasn’t been 10 yrs, but I fit most of these. Sometimes I wonder why I got it and many others I told about, at much lower prices, still don’t get it. Combination of naive, anti-authority, world traveler and geek, I suppose.
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0 sats \ 0 replies \ @go OP 30 Aug 2022
I'm so incredibly thankful for this recent dip...it's been a nice chance to atone for some "sins" of the past
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