drgo on Nostr: If it’s any consolation, bitcoin price wasn’t as high as everyone thinks it was ...
If it’s any consolation, bitcoin price wasn’t as high as everyone thinks it was in 2017. That momentary price spike was ludicrous. Zoom out and look at price once a year. Always chasing peaks will always feel weird in retrospect. Peaks are for traders. Time averaging what you consider the bitcoin price to be is for hodlers. Don’t get caught up in the mania. Have a plan for how you want to work and spend and when you want to do it. Make plan adjustments based on price of bitcoin when you get there.
Published at
2024-09-06 18:58:36Event JSON
{
"id": "8122238353a081a853259ecfd24a0952b090a2ee62df73686c006ca2cf23175f",
"pubkey": "4f4f82846698ff66ae5fa9fad4c0c4eb7823afb07fa9f54ea9d15f1217ae96cc",
"created_at": 1725649116,
"kind": 1,
"tags": [
[
"e",
"c5f167dda39d01efd71f43ee4427daadbf4e6123b9bb99b809e1552ec9f2656a",
"",
"root"
],
[
"p",
"b9c5ef35fb018f31e7eb4985775188629aa2312c9f82798b5c42fa9b17e42afb"
]
],
"content": "If it’s any consolation, bitcoin price wasn’t as high as everyone thinks it was in 2017. That momentary price spike was ludicrous. Zoom out and look at price once a year. Always chasing peaks will always feel weird in retrospect. Peaks are for traders. Time averaging what you consider the bitcoin price to be is for hodlers. Don’t get caught up in the mania. Have a plan for how you want to work and spend and when you want to do it. Make plan adjustments based on price of bitcoin when you get there.",
"sig": "57b09914f9d51fc4c8f2b132eae79cb643cf164545cdc09dde02ac80676341dc7612ba477c733e21a307654d3cb988e552bd9b71d7ed8624e58bb42fd9443051"
}