HoDLing Bitcoin and getting rich because of it is not luck.
Luck is when you buy a lottery ticket for $2 and win millions.
Luck is when your father is Jeff Bezos.
Luck is when you inherit some lost uncle's fortune.
Luck is when you happen to be outside when the building collapses.
When you are a normal person, with a normal job, and you risk investing your savings (which took years of hard work to accumulate) in Bitcoin, and slowly build up your stash by adding to it whenever you can, and HoDLing strong through years-long bear periods, all because you believe in what Bitcoin stands for, and see how disruptive and revolutionary this thing is, and then it goes to the moon and you become "fuck you" rich, then, no, it's not luck! It's using your brain and your ability to see the future, not because of some supernatural ability, but by believing (or, even better, understanding) the tech and the mathematics & science involved.
This is who you are, HoDLers:
Edit: Corrected typos.
Luck is when you buy a lottery ticket for $2 and win millions.
Luck is when your father is Jeff Bezos.
Luck is when you inherit some lost uncle's fortune.
Luck is when you happen to be outside when the building collapses.
When you are a normal person, with a normal job, and you risk investing your savings (which took years of hard work to accumulate) in Bitcoin, and slowly build up your stash by adding to it whenever you can, and HoDLing strong through years-long bear periods, all because you believe in what Bitcoin stands for, and see how disruptive and revolutionary this thing is, and then it goes to the moon and you become "fuck you" rich, then, no, it's not luck! It's using your brain and your ability to see the future, not because of some supernatural ability, but by believing (or, even better, understanding) the tech and the mathematics & science involved.
This is who you are, HoDLers:
Edit: Corrected typos.
The thing that really gets my goat (annoys me): being called "lucky" by the few friends of mine who know that I hold btc, the same friends who I told about btc years ago and who decided to invest.....nothing.
If they could understand (or even care to listen), they would learn that there is nothing lucky about sending most of your net worth to a random bank account in Japan (Mt. Gox) not knowing if you'll ever see it again, hodling through multi-year deep bear markets, watching your net worth collapse before your eyes, knowing that it could be years before recovery. That kind of hodling requires a strength of mind infrequently seen amongst contemporaries, coupled with an understanding of btc fundamentals and a realisation of its potential to disturb global finance.
So, if anyone calls you "lucky" for having bought bitcoin and profited, just smile, knowing inwardly that having come through the great bear markets means you're one of the most resilient of them all, and one of the most deserving. Btc rewards those who stay the course.
Congratulations fellow btc adventurers - our time is just beginning. And don't feel bad about taking a little profit here and there. You deserve it.
Fuck yeah!
If they could understand (or even care to listen), they would learn that there is nothing lucky about sending most of your net worth to a random bank account in Japan (Mt. Gox) not knowing if you'll ever see it again, hodling through multi-year deep bear markets, watching your net worth collapse before your eyes, knowing that it could be years before recovery. That kind of hodling requires a strength of mind infrequently seen amongst contemporaries, coupled with an understanding of btc fundamentals and a realisation of its potential to disturb global finance.
So, if anyone calls you "lucky" for having bought bitcoin and profited, just smile, knowing inwardly that having come through the great bear markets means you're one of the most resilient of them all, and one of the most deserving. Btc rewards those who stay the course.
Congratulations fellow btc adventurers - our time is just beginning. And don't feel bad about taking a little profit here and there. You deserve it.
Fuck yeah!
In my lifetime, I have encountered essentially 3 types of people when it comes to investing.
1) People that will never invest in anything. These are your family members, friends, colleagues, etc. that whenever the topic of investing comes up, constantly moan about "Shudda bought Apple back in the day", "Shudda bought Microsoft 30 years ago", "Shudda bought Netflix back in the day", "Shudda bought Amazon", "Shudda bought Tesla", and on and on. They moan about missing this boat or that boat. They lack the conviction, the funds (savings), or both to actually research and invest in something. All the while, they continue to make themselves more poor by buying little useless trinkets, clothes, jewelry, alcohol, drugs, food at restaurants, lavish vacations, things for their car/house, etc. instead of actually investing. They nickel and dime their lives away. They barely have any savings at all. They will call any true hodler that got wealthy "lucky".
2) People that get the "investing bug", but are really just glorified day tarders. They put the minimal amount into a hot, trending stock or asset, and will hodl for all of about a month or two. Or mere weeks. Once the investment goes up 10-20% they sell everything, or if it goes down 5-10% they panic sell everything. Some will do this only once or twice, and with either a small profit or loss, will go back to normal life and declare that "investing is not for them". Others however will be gluttons for punishment, and will do this over and over, eventually losing everything. These people could be your family members or friends as well.
3) True investment hodlers. That would be us, the people you described above. This is a VERY small club. The people in it have balls of steel and bat for the moon. They will DCA in, buy every significant dip, and hodl for years and years. Your friends, family, colleagues, etc. are almost never in this club.
