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2023-11-10 18:49:09

nobody on Nostr: I tell anyone looking for advice about buying #Bitcoin not too unless they’re doing ...

I tell anyone looking for advice about buying #Bitcoin not too unless they’re doing it for more than an investment. People looking to buy the pump are in it for the wrong reasons. Buying it in the hope that people continue to use it as a currency is a kind of self fulfilling prophecy of doom. If everyone was like that, it would be worth nothing more than air.

Not gate keeping, I just think it would be bad advice to tell someone otherwise. Whatever reasons someone comes to on their own to purchase it, power to them.

When #Bitcoin really clicked for me was when I realized I wanted to use it as a currency. Not when I wanted an asset to protect myself from inflation.
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npub1c8kc8k9wqkyzajqn8kkgeqfj8t5r9tk87dv2djej9vp4njhuj8nspl8mp3