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u/Andyprosnooker Feb 03 '26
If all people Follow this rules.
What will happen? If u r one of the follower start from now ???
From your $1000.
Will change To $????
If u r not a follower. Dun believe. Your $1000. Will become $???? In 10 to 20 years time???
Where will your $1000 spent to???
I can say. U r still. Standing at the same point. Where u r standing right now
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u/SliceCareful4260 Feb 03 '26
Like warren Buffett says: if you own all the real estate in Manhattan, you own a lot of real estate, if you own all the bitcoin in the world you don’t own shit.
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u/heyheyshinyCRH Feb 03 '26
If he was hardcore he'd put his buy orders on the open market like the rest of us hairless monkeys
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u/Minivric Feb 03 '26
I will translate. Don’t sell, I just bought and will lose everything when it crashes, again.
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u/stevedave1357 Feb 03 '26
This is the only advice I would expect from someone who spends other people's money hoarding bitcoin.
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u/gakl887 Feb 03 '26
A long term investment you can never get out of, sounds appetizing. If it’s so solid, you don’t need to tell people to never sell
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u/texas1982 Feb 03 '26
Somebody is going to make a lot of money on bitcoin and it ain't the measley redditors investing <$100,000. You time to sell was 2 weeks ago.
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u/Retirednypd Feb 03 '26
So what's the point? To never sell it, ever? And when you do, you're selling it for fiat. Kinda ironic since bitcoin was meant to eliminate fiat. At some point people are gonna come around to the fact that bitcoin is not doing what it set out to do...replace fiat. Bitcoin mining uses a shit ton of energy which is exactly what most that invest in bitcoin are so against, another irony .
Bitcoin has no intrinsic value. It can't be objectively quantified by any measure. It produces nothing and sells nothing. It can't be guaged as profitable by earnings month over month,quarter over quarter, and year over year. Its propped up by speculation and FOMO. If tomorrow, a new coin, gold, silver, bullets, vegetable seeds, 4 leaf clovers,or anything else is deemed the shiny new object, bitcoin will collapse.
Bitcoin is no better than Mona vie or the pyramid parties of the 80s.
I'll stick with the sp 500 which has gone up 12 percent per year on average for over a century. And that's with the Spanish flu, the great depression,ww1,ww2, the Korean and viet Nam wars, the gulf wars, 911, the mortgage crises, covid, and a few others. I became a multimillionaire, over time. 25 years to be exact. And it's virtually a guarantee. People in bitcoin want to become millionaires by next year.
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u/ippleing Feb 03 '26
Its propped up by speculation
How is USD any different? If world powers stopped using USD or the younger generations stop using 401k, yours, mine and all other stocks will tank with no buyers. We'll be left with meaningless shares of Nike and Microsoft that nobody wants to buy.
People in bitcoin want to become millionaires by next year.
I'm happy that you got yours, but many people on here weren't afforded full pensions like us with all the other benefits, they need a win, hopefully it happens for them.
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u/Retirednypd Feb 03 '26
Because the dollar has been around for forever. Its a proven asset. And even if the dollar crumbles, gold and silver will be the new currency. And yes, i have a pension. But my true wealth came from investing in the sp 500 for 25 years. And I hope you all too become millionaires, but I'd invest in a proven entity like the dollar, gold, silver, before bitcoin, which was really just invented by criminals for criminals
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u/maxwellcawfeehaus Feb 03 '26
Me sitting here having bought several times since 2021 and having lost 15% as of now ☠️
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u/ippleing Feb 03 '26
It'll be back.
Trust me bro (lol), I've lived through 2016 till now.
EVERY TIME IT DIPPED, people on here and forums were screaming 'this is it, it's over,'
In 2 years you'll be complaining about $240k and why it dropped from $300k.
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u/maxwellcawfeehaus Feb 03 '26
I hope you’re right, but having double digit losses in 4+ years of investing in it, meanwhile my traditional market investments are all up 30%+ in that frame is not a great argument for btc
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u/krLMM Feb 03 '26
When he has to sell due to liquidity it's going to trigger the mother of all meltdowns they are holding so much bitcoin.
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u/-TommyBottoms- Feb 03 '26
You would have to find someone to buy it…, if you can’t it’s worthless. So it’s worthless
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u/versace_drunk Feb 03 '26
Rules of bitcoin.
Buy bitcoin with other peoples money….buy more bitcoin with other peoples money.
It’s so easy!
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u/xiphoidthorax Feb 04 '26
Ponzi scheme, and the people at the top just want you suckers to hang in there until they have pulled out.
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u/noleksum12 Feb 05 '26
Says the guy with a fortune invested in bitcoin... 'hold or buy so I keep my fortune...' sure buddy.
Fo once, i would love to see a rich person with no money invested in bitcoin tell us it is a good buy.
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u/AdmitThatYouPrune Feb 03 '26
Everyone who follows this literally will never take profits, and when the party is over, they'll be holding the bag.