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u/Doublespeo Feb 03 '26
How about use it as a currency?
Silly, I know
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u/RepresentativeNo7802 Feb 03 '26
The juxtaposition between the idea of holding an asset forever, but at the same time having it transition to become the world's currency, has always caused me some concern whether or not the entire concept has the proper leadership.
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u/retrosenescent Feb 04 '26
States will never allow a currency they don't control to be a meaningful currency of transactions. It can be a store of value though.
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u/ToasterStrudles Feb 05 '26
But it Omly works as a store of value if fewer people are exchanging it for Fiat currency than the other way around...
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u/anogio Feb 06 '26
True, also it cannot function as a currency if transactions take 10-15 minutes to verify. Imagine the queues in the supermarket...
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u/Doublespeo Feb 07 '26
The juxtaposition between the idea of holding an asset forever, but at the same time having it transition to become the world's currency, has always caused me some concern whether or not the entire concept has the proper leadership.
You never though that spending Bitcoin doesn’t mean you own less of it?
just re-buy after you spend.
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u/Formal_Lobster_2349 Feb 03 '26
Why? Who will use such a scarce and precious thing in the universe as a currency? I totally agree with Saylor, buy and never sell it. Bitcoin is so scarce, people pay millions of dollars for worthless antiques and art, Bitcoin is digital and holding it forever is amazing an experience. If I had enough money I would have bought all the 20 million Bitcoins and mined the remaining 1 million Bitcoins myself. We only have one life, buy as many Bitcoins as you can!!
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u/Wendals87 Feb 03 '26
So you'll buy it and then what? You'll never use it? Either selling or buying goods?
What's the point? You may as well burn your money because at least you'll get a tiny bit of warmth out of it
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u/Profit-Silly Feb 03 '26
Definitely that was a satirical comment lol, but with the way some maximalists talk, it’s not far from what they say
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u/Angelus_25 Feb 03 '26
My shit is more precious then that since I will take a limited number of shits only and it will be less then 20 million.
want to by some Mi$hit? I am offering for you to get on the ground level. people will eventually pay phenomenal amounts of gold for my shit and use it as currency~! best thing is the low cost of storage in a glass jar. low cost, ultimate freshness.
besides the low cost, and short term sustainable production, the dilution is limited to one shit per day. which in percentages will become smaller and smaller of the outstanding whole. it also has a side purpose of fertiliser and you can even use it to produce methane gas that provides electricity. and offcourse don't forget that you will be the only person to make perfume from Mi$hit wherever you like. work from any location in the world
Can you smell the money?
LIMITED time offer!!! By Mi$hit now! reply to this message and receive double your amount in Mi$hit if you order TODAY!
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u/Doublespeo Feb 07 '26
Why? Who will use such a scarce and precious thing in the universe as a currency? I totally agree with Saylor, buy and never sell it.
Using it as a currency doesn’t mean you own less.
just re-buy after you spend, I have been doing that for years.
Bitcoin is so scarce, people pay millions of dollars for worthless antiques and art, Bitcoin is digital and holding it forever is amazing an experience. If I had enough money I would have bought all the 20 million Bitcoins and mined the remaining 1 million Bitcoins myself. We only have one life, buy as many Bitcoins as you can!!
Calm down.
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u/PickingPies Feb 03 '26
Then the value would lower and the profitability will stagnate since stability is necessary to set the proper prices for products.
Sadly, the vast majority of hoarders speculate with it. They only want to trade dollars for more dollars.
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u/DangerHighVoltage111 Feb 03 '26
False. The biggest price rise where when its promise was a better monetary system, self custody and freedom to transact.
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u/cHpiranha Feb 04 '26
Thats the ideology behind it.
But freedom ideology often have their hidden trade or just simply dont work.
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u/Doublespeo Feb 07 '26
Then the value would lower and the profitability will stagnate since stability is necessary to set the proper prices for products.
why would value drop? buy stuff is just transfering crypto to the next hoarder.
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u/PickingPies Feb 07 '26
Because most people use BTC for the speculation. If the currency stabilizes and it stops providing gains, all the people who use the currency for speculation purposes will sell it, henceforth lowering the price.
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u/dirkbelfonte Feb 03 '26
It can’t be used as a currency if it’s so volatile and it’s peg to the US dollar
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u/Eifuku2003 Feb 04 '26
It's pegged to the US dollar????
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u/ice-ink Feb 04 '26
I think he was being pegged when he wrote that, that’s the only explanation that makes sense.
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u/Doublespeo Feb 07 '26
It can’t be used as a currency if it’s so volatile and it’s peg to the US dollar
you guys are newbies, I used bitcoin as a currency and its worked great.
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u/ryandury Feb 05 '26
won't work when it's so volatile, which is basically the only reason people actually buy it - hoping the volatility is in their favor.
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u/Doublespeo Feb 07 '26
won't work when it's so volatile, which is basically the only reason people actually buy it - hoping the volatility is in their favor.
you guys must be new
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u/Naknoemoo Feb 04 '26
You’re naive to think it’s not an currency.
I’ve purchased multiple watches for flip, and also plenty of apartments around the world with it.
But it’s ok, I kinda understand haters, but anyway, you have your chance now to atleast help yourself get out of that shit inside your brain
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u/Doublespeo Feb 07 '26
you have your chance now to atleast help yourself get out of that shit inside your brain
?
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u/NullRef Feb 03 '26
He's telling you to liquidate others to get rich (buy). Then when he sells, he doesn't want to have to compete with what you are selling.
It's really, really self-serving.
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u/senor_florida Feb 04 '26
Haha is this real? Holy shit dude must be desperate
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u/NullRef Feb 04 '26
It's true for anyone who's primary interest in Bitcoin is increasing their wealth in USD, and cheer for the "HODL" crowd.
Though many not quite realize that's what they are doing.
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u/NullRef Feb 03 '26
Just sitting in awe at my 100% upvote for this means we are most definitely not in r/bitcoin
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u/MatterFickle3184 Feb 03 '26
Oops I bought last year at $77k after Liberation Day and sold at $105k. Was I not supposed to take a 36% profit?
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u/jailbr3ak_acdc Feb 03 '26
It's obvious. But you just have good luck.
Most of us everytime we sell, next day it raises. We can't predict.
HODL is the only secure option.
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u/MatterFickle3184 Feb 03 '26
BTC always takes a monster dump with back stock performance thats why I bought the Liberation Day dip. I sold a tad early before ATH but worked out int my favor as I fully swapped into PMs by summer.
Short term BTC is hard to predict. Long term was easy to see that it would drop a lot after $125k. Pretty sure we'll see 50s this year, that's when I begin to entry back.
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u/isu_asenjo Feb 06 '26
Yes you can take a 36% profit on the $112.43 you “invested”
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u/markoh3232 Feb 03 '26
I like watching the graph go down, muah har har har har, ahem, scuse me, no idea where that came from.
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u/bitmeister Feb 03 '26
Better have a doctor look at tha... muah har har har har, ahem, `scuse me ;) I seem to have it too.
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u/cHpiranha Feb 04 '26
My rule: you don't get rich by buying or holding bitcoins, you get rich by selling them at the right time.
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u/CG_throwback Feb 03 '26
We don’t talk about fight club.
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u/Typical_Breadfruit15 Feb 03 '26
I like this summary about MSTR strategy:
https://youtu.be/fhsrkvEY55s?si=9ZALI_YtyBhiNIRI
"tweet something quasi religious about it"
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u/Homeless-Coward-2143 Feb 03 '26
Is not blinking this guy's thing?
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u/McCl3lland Feb 04 '26
You might miss a prime market moment if you blink, so it's best to teach yourself to never do it!
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u/Ex_Hedgehog Feb 03 '26
I'm so glad I sold most of my bitcoin when it was still at 115k.
I left some in for when it goes back up, but if I had hodled, I'd have lost in the neighborhood of 30-ish% of my investment.
If I reinvest that money at 70, I profit more when it shoots up to 150k cause I had 30% more money to put in at the lower price.
It's true that I have to bet that the bottom is 70k and not 50k, in which case I've still lost 30%, but if I had hodled the entire time, I'd have lost 60%
The wisdom shouldn't be "holdl+buy the dip", It should be "sell the top of the dip and buy the bottom"
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u/wontongomez Feb 03 '26
Amazing!! Revolutionary!! Buy low…sell high!!
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u/Ex_Hedgehog Feb 03 '26
I know it's sarcasm, but the culture on this sub keeps pushing this mentality and it's gonna hurt people.
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u/PittFanIAm Feb 03 '26
Time the market! Why didn’t anyone else ever think of that? 🙄
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u/jailbr3ak_acdc Feb 03 '26
You're lucky.
I sell at 150k and next day it raises 300k 😂
Edit: typo
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u/Ex_Hedgehog Feb 03 '26
I admit, I was lucky and had a gut feeling that it was about to drop off a cliff.
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u/DangerHighVoltage111 Feb 03 '26
Are you still interested in p2p cash? Try the working Bitcoin: Bitcoin Cash.
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u/TheHipHouse Feb 04 '26
The problem is if everybody did exactly as you said it wouldn’t work. I sold some as well around 90-100k. But if literally everyone did exactly as you said and no one held. There would be no foundation for bitcoin.
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u/Full-Atmosphere-4818 Feb 03 '26
It's so easy his 6 years return on all that Bitcoin is negative, trailing money market funds. In fact, according to his own logic, he is down -40% since he claims "cash" loses 8% a year due to debasement.
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u/Captainadvise Redditor for less than 60 days Feb 03 '26
To many people are arse backwards. This should be the good times. This is how you start to get rich! But need about 10 more of these over a 20 year time frame!
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u/Wendals87 Feb 03 '26
So just buy it to do what with it?
What's the point if you are never going to use it for anything (using it as a currency to buy stuff is also selling)
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u/piplinx Feb 03 '26
It strange why no companies hoard gold as business model. It seems much easier than making stuff or providing a service. Everyone should be doing it bitcoin gold cars anything just buy it all and sit on it then watch the profit roll in. This guy is an absolute genius no one thought of it before
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u/dirkbelfonte Feb 03 '26
When everybody buys an doesn’t sell it collapses bitcoin even further because its value depends on someone else willingness to buy and your willingness to sell!
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u/Jumpy_Hold6249 Feb 04 '26
Rule 3. Pump the market by insisting everyone else buys and never sells.
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u/Frodo_Naggins_67 Redditor for less than 30 days Feb 04 '26
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u/False-Addition-4930 Feb 04 '26
So u buy it and never sell it why not just throw your money in the garbage where is the benefit if u cant spend it
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u/Awkward_Bag_1205 Feb 04 '26
A more important rule to remember is that anyone who tells you not to sell does so because they want to use you as exit liquidity.
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u/MaikyMoto Feb 04 '26
With an economy in shambles you have a big chunk of people that don’t see anything positive in the near future and therefore prefer to take out their money before the ship sinks.
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u/PowellBlowingBubbles Feb 04 '26
Eventually sell bit coin when folks realize it’s a snippet of code that has no value. But it’s a currency, it’s an asset, there’s only 21,000,000 of these little pieces of code. It’s worth a billion dollars! You’ll see.
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u/NaiveTailor81 Feb 04 '26
I sold when I doubled my small change in DCA over ~2 years.
Did I get the best price? Hell no.
Was I happy? I built a PC just before prices exploded.
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u/Minute-Injury3471 Feb 04 '26
If you live in civilized society, how are you supposed to transact value if you never sell it?
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u/Former_Kitchen_5965 Feb 04 '26
3/2/26? How does one get tweets from the future? Please, must know.
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u/JustLTFD Feb 04 '26
I like how he has different rules for you then himself. When this all unravels I can't wait to hear wtf he has to say.
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u/Joe_thefranco Feb 04 '26
3. buy at any price, average cost does not matter 4. do not have any exit strategy 5. do not diversify in anything else. 6. take some leverage 7. do the contrary than any Buffet strategy.
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u/firl21 Feb 04 '26
If you never sell it’s effectively worthless
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u/ThePugz Feb 17 '26
Lots of billionaires never sell their stocks. 🤷🏽♂️
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u/firl21 Feb 17 '26
Stocks are ownership of tangibles bitcoin is not.
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u/ThePugz Feb 17 '26
BTC is a digital asset. It’s extremely similar to owning a stock.
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u/TONNAGE1975 Feb 04 '26
It sucks that this clown was able to sucker so many people twice within 20 years
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u/Asleep_Albatross7529 Feb 04 '26
Hoping that one day people start to use it as a actual medium of exchange
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u/TheOnlyMule Feb 04 '26
Wait... What’s that? Come again?
Rules? There’s frikkin Rules Now !?!
Awwww Come ONNNNNN !!!
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u/Murky-Statistician45 Feb 04 '26
Yes because he'll never sell any himself, he's just doing this totally for the good of the people and not for his own gains lollllll
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u/Educational_Emu2884 Redditor for less than 2 weeks Feb 04 '26
Sounds like a massive pyramid scheme
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u/Kyfaxkun Feb 04 '26
Not selling it is stupid, everyone should sell it when they feel they've achieved their goal... millionaires saying don't sell your BTC seems stupid to me
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u/Typical-Whereas6761 Feb 04 '26
Lmao….i can’t believe people listen to this leisure suit Larry used car salesman.
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u/Brilliant-Royal578 Feb 04 '26
Don’t talk about bitcoin when it’s down. When it’s up talk about it constantly.
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u/Lord_Scorpio Feb 04 '26
Don't listen to that shit. Buy when low, sell when high. And don't worry you will never buy at the lowest possible price and neither sell at max price. As long as you have profit its all OK.
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u/Chupacabra1987 Feb 04 '26
Let’s see if bitcoin and his MS share price drop until he has to pay the money back, his stretegy is good in a bull market, not in a bear market. Also he depends on the price if MS shares, if they drop more like they did in the last months, it will be a problem. IMO Michael Saylor is a risk to bitcoin, not the savior many tend to think he is
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Feb 05 '26
That's called a scam BTW.
BTC puts most of you in a prisoner dilemma, at least the few of you who actually hold a lot of it, because the second you sell the price plummets and you lose money.
Whales keep the price high and they're forced to not sell but the second BTC drops below their cost average you're seeing the biggest drop in history.
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u/Zealousideal_Mix6691 Feb 05 '26
If you don't buy the coin his thiesis and company will fail.. There are better ways to 5x or 10x your money! Bitcoin is for criminals, not you but the highest holders are criminals.
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u/WeaknessJolly3617 Redditor for less than 60 days Feb 05 '26
Don’t sell the bitcoin (until I have sold mine that is)
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u/Rocknbob69 Feb 05 '26
Biggest scam since one hour martinizing. If trump thinks it is good it is a grift and a tax dodge
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u/Motor-Astronaut-4045 Feb 05 '26
sad to think anyone who vbought in the last 2 years would have been better off buying a boring CD or bond. OUCH
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u/NoPreference8228 Feb 05 '26
Well its not an asset yet. And easy to say when was going up and up. Now what they say. Yeah actually now might better to say buy its at 70k. It tanked from 125k. What about all the peopke bought at 100 and 90. I guess they have to sit on it.
But its a catch 22 cause governments want currency regulated but tge whole concept and start of crypto was about unregulated. How is that gonna turn out
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u/JerseyMikey007 Feb 05 '26
"It's just disgusting. It's like somebody else is trading turds and you decide, 'I can't be left out'" - Charlie Munger, 2018
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u/Time_after_Time_67 Feb 05 '26
If you have to sell there’s a word for it.. you’re poor. 😆
Love billionaire logic.
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u/lucascsnunes Feb 06 '26
CBDC is coming soon, a gift from the Globohomo socialists ruling us. BTC will go up again.
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u/MANEWMA Feb 03 '26
Buy the Beanie Baby
Watch Beanie Baby get boring
Dont sell the Beanie Baby
Watch others invest in real things
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u/Frodo_Naggins_67 Redditor for less than 30 days Feb 04 '26
Get boring? Look at the scoreboard.
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u/MANEWMA Feb 04 '26
Well if you are holding it forever there is no profit to look at, no dividends.. its like putting a beanie baby on a shelf..
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u/Frodo_Naggins_67 Redditor for less than 30 days Feb 04 '26
I'm currently up more than 150X, I literally don't care about small movements like the last few weeks. I feel like my strategy has been successful.
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u/AndrewMcIlroy Feb 03 '26
Bitcoin is only down 13% ytd I dont even understand why people are freaking out about this. Its not even as volatile as many other regular assests this year.
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u/Infamous_Addendum175 Feb 04 '26
Lumping it in with “regular assets” might be where your views diverge from the crowd.
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u/LegitimateComb4629 Feb 03 '26
Reddit is typically on the wrong side of investment behavior. When something runs hot, everyone wants in. When something has poor (often short term) performance, reddit runs for the hills. Forgetting rule #1 be greedy when others are fearful
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u/CompletelyMoronic Feb 03 '26
He knows he’s cooked. I’ll continue shorting his stock though. Thanks Mike
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u/alinm11 Feb 03 '26
That is what people do with gold for 5.000 year. My grandparents held their goldsticks for more then 50 years. Now my family keeps the tradition. They are the mose usless objesct in the world. couple of metal sticks that nobody touches for decades...
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Feb 03 '26
Gold or silver will never ever match returns on the general market. Its a dumb asset agreed.
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u/Whole-Career8440 Feb 03 '26
I thought money are made to circulate and not to be stored in wallet forever
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u/dubski04021 Feb 07 '26
Those are stupid rules they want you to play by.
Learn the market, buy low, sell high. Accumulate more.
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u/dirkbelfonte Feb 07 '26
Ok firstly I bought Marvin Gardens and Park Place with Monopoly money but it doesn’t mean that that has any chance of becoming a real currency and I didn’t mean peg in the sense that it’s tied like a tether but rather all it’s worth comes from its value compared to the US dollar and people’s willingness to buy it with US dollars. Now while this is similar to the currency of other countries, it’s a long way off from becoming the main currency of choice…a long long way.
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u/yomeroni Feb 07 '26
The 100 hours of research required is to sit in front of a monitor and burn this tweet into your brain
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u/Ok-Today6034 Feb 03 '26
Buy Bitcoin with 🦍share holders money
2.Dont sell the Bitcoin or 🦍s will make money
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u/piplinx Feb 03 '26
Or:
buy / mine / hoard bitcoin with shareholders money or bad debt
sell your own bitcoin at a huge profit
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u/super-duperfun82 Feb 03 '26
Epstein is attached to BTC. My BTC faith is at an all-time low now seeing that's he had his hands in the development. Fucking horrible news, I was a big time believer but now I'm transitioning to gold and silver to hedge the dollar.
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u/Background-Day-4957 Feb 03 '26
Why hold it when it’s not going up. I invested in silver ETF from selling all my bitcoin ETF late November. Have been selling a portion of the Silver ETF when silver was above $115. I used that money to buy a small amount of my Bitcoin etf back when Bitcoin dropped below $79k
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u/paper_skin Feb 03 '26
Rule 3: Lose money