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Rajat Soni, CFA
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Volatility is the entrance fee for owning
Bitcoin
#BTC
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Rajat Soni, CFA
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Learn to deal with Bitcoin's volatility Eventually you'll just get used to it and the price swings won't matter anymore
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Bitcoin's fundamentals CAN'T change Blocks will always be ~10 minutes apart and there will always be 21M Bitcoin When you save in Bitcoin, you can focus on just accumulating over time and you're pretty much guaranteed to break even or be in profit after 4 years of holding On the other hand, modern-day "investing" is like playing a game of hot potato If you're caught holding an asset at the wrong time, you may have to deal with an extended bear market in its price (possibly decades long) Or worse, you may end up with NOTHING if the fundamentals suddenly change and the asset may NEVER go back to the price you purchased it for In terms of legacy "assets," you have to pay attention to the market sentiment PLUS supply changes at all times, while the only factor that changes in Bitcoin is market sentiment
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You have a very limited opportunity to buy as much Bitcoin as you possibly can to build generational wealth Don't mess this up It'll be much harder to stack sats when each one costs $0.10+
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Bitcoin isn't just about fixing money It's about fixing EVERYTHING
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If your financial advisor thinks Bitcoin will put you in a homeless encampment, he should be fired Fortunately, nobody would hire @TheTrueFIREGuy for financial advice because his track record is AWFUL
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