It's so tiring trying to help loved ones.
When you gently show them all the reasons that bitcoin is the apex store of value, why do they always choose to base their thinking as if they bought the ATH and sold at the bottom?
A family member just sent me this even though they are currently up 7X on their first (and only) small allocation to bitcoin:
"Yes, but do we know what's round the corner. Anyone who invested say $110,000 in BTC in Nov 2021 would have seen its value fall to $34,000 by the following July, and $26,000 in Dec 2022. Have any of the other assets had such extreme roller coaster rides? Does anyone know what caused such violent swings? Are we in a more secure place now?"
Exhausting.
OneBigLife / One₿igLife
npub1dv…zypmm
2024-03-12 10:48:24
Author Public Key
npub1dvnf7m37lqws7edyk2n4ve5wczg75xyxl4f37w7q9452chxtts9q9zypmmPublished at
2024-03-12 10:48:24Event JSON
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"content": "It's so tiring trying to help loved ones.\n\nWhen you gently show them all the reasons that bitcoin is the apex store of value, why do they always choose to base their thinking as if they bought the ATH and sold at the bottom?\n\nA family member just sent me this even though they are currently up 7X on their first (and only) small allocation to bitcoin:\n\n\"Yes, but do we know what's round the corner. Anyone who invested say $110,000 in BTC in Nov 2021 would have seen its value fall to $34,000 by the following July, and $26,000 in Dec 2022. Have any of the other assets had such extreme roller coaster rides? Does anyone know what caused such violent swings? Are we in a more secure place now?\"\n\nExhausting.",
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}