Seth Michael Steele

Seth Michael Steele's avatar
Seth Michael Steele
S_michaelsteele@BitcoinNostr.com
npub14evv...lrc7
We must live together as brothers or perish together as fools #Bitcoin
This is either a generational buying opportunity or too late to chicken out now. Either way I’m stacking these sats into the sunset, I just happen to think it will rise again. On the flip side people who are still here are people I’m proud to call my peers. Binance/or traders on the platform has sold more bitcoin in the past two days than all other exchanges combined. MSTR might experience difficulties servicing its debt at $8,000…just imagine going back to $8,000, that’d be hilarious; I’d probably still be stacking. image
When you’re solvent, a crash isn’t a threat; it’s motivation to hit the fiat mines and stack sats while others panic sell at a discount. There’s risk in bitcoin like there’s risk in the sun: you can’t eliminate the volatility, only learn to position yourself to harness its energy while protecting yourself from burns. The dark doesn’t scare me anymore because I’ve honed my night vision, I know the opportunities hidden in market winters that most people, stumbling blind through fear, will never see. Even in the darkest times you know light will return, but that knowledge is worthless if you don’t survive the night, which is why you prepare for both extremes, building a system robust enough to exploit the cycle itself.​​​​​​​​​​​​​​​​ image
What does a whale have after selling thousands of bitcoin? Less bitcoin. It’s that simple. Stopping your bitcoin buys because a whale stopped is like stopping breathing because someone else did. There will be less than 5% supply growth over the next decade. What else has this kind of scarcity? image