🚨Friendly REMINDER: Internet Hysteria had the following happen “next week”. 1. Europe was going to run out of energy & freeze over (2022) 2. JPYUSD was going to completely collapse (2022/2025) 3. #Bitcoin was going to zero (pick a year) 4. Gold was a worthless Boomer rock (2021) Apply principles. Fear is your greatest enemy. Have a plan. Return is a function of: time, volatility and probability. Return = f(time, volatility, probability) image
While I dislike Marx… it’s hard to argue he did not nail this. image
Very well said 👏. A quote that requires a long ponder… from everyone. “The high velocity trash economy is so high time preference that we're not even allowed to experiment with bold actions before they're deemed a failure. This is funny because we know for a cold hard fact that continuing with the status quo was destined for catastrophic failure.” - @Marty Bent / @TFTC
Most people view investments as a way to make 💵, a way to buy more stuff. When you flip your optic to viewing investments as a way to make progress, to be productive… The outcome changes dramatically for the better.
Thought of the day: If you can’t *trust experts* with health🩺, medicine💊, or money 💴 then what is their purpose? Not saying all experts are bad, but ulterior motives seem to be driving most expert’s directives. It’s why we #bitcoin.
Looking back at data from last yr: 2013 & 2017 #bitcoin 🐻s were about 1,030 days. … w/ @Trey (27min mark). Applying avg 🐻s to the 11/21 high, marks today as the end of the ‘21 🐻. If similar to 2017, then 9/14 would mark the end. Interesting 🤷‍♂️.
The greatest change in society since WWI & WWII. Working for money vs. working for purpose. #Bitcoin does not fix this. We do.