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cover of episode Take_095 - When Should I Sell Bitcoin?

Take_095 - When Should I Sell Bitcoin?

2024/12/12
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Bitcoin Audible

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"Ossification is complacency. Yes, we all agree that Bitcoin is great. But I do not agree that Bitcoin has reached its full potential. I think complacency is one of the greatest threats to Bitcoin - we must not rest upon our laurels." — Lopp

Bitcoin crosses a hundred thousand dollars. Your Bitcoin investment has exploded. You're looking at it and all you can see is how much it's worth in dollars. And so you send your buddy guy a message and you say, "When should I sell my Bitcoin?" And from the average person's perspective, I think what is the logical answer to that question is really difficult to understand. Because it requires a shift in the frame of what you think is worth measuring against. The answer could not be simpler. You don't. You never sell a good money to get more of a bad money. But since that requires explicitly an explanation and a shift in framing, I think it's

Time for a guy's take episode.

 

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