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"My BTC is only 1/10 now."

CN
BTCdayu
Follow
9 days ago
AI summarizes in 5 seconds.

My BTC is only 1/10 left, it's not the problem of BTC, it's my problem.

To explain, it's not that I want to leave the crypto space, nor do I have a pessimistic view on BTC.

I still believe Bitcoin will either be 10 million dollars each - or go to zero.

In the past, I treated Bitcoin as my largest position.

Now, I treat Bitcoin as a position to hold forever.

I am just beginning to face the high volatility and high risk of Bitcoin, understanding that the logic others see as promising may not necessarily apply to me.

For instance, an old OG holding 1,000 BTC or a mining operation promoting BTC and its returns is a self-fulfilling prophecy.

For example, a whale with strong cash flow holding BTC as only a part of their asset allocation shares the same belief as us: that BTC is part of the resistance against certain outdated narratives.

In the past, I didn't have 1,000 BTC, didn't have a mining operation, and didn't have good enough cash flow, yet I held BTC in a high-stakes manner, which led to some restlessness - this is not BTC's problem, nor the OG's problem, it's my own problem.

BTC is a good asset, and good assets can only be held in the long term, so I should choose the way I can hold it long-term.

Now, I only hold 1/10 of the BTC I originally had, but I feel this may be what I deserve; my wealth, character, and understanding only allow for this much - the benefit is that, because it's so small, I have finally been liberated; whether or not there is a war between the U.S. and Iran, or whether there is a recession, it doesn't concern me.

In the future, if there are indeed cheap opportunities, I will buy a bit more, but I won't and can't go all in again.

The system of heavy precision and heavy positions has been upgraded and updated, evolving into slowly becoming wealthy.


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