Yellow Snowman on Nostr: its about time someone broke down the math for you slow people ...

its about time someone broke down the math for you slow people

quoting nevent1q…4jmf

Let's set the record straight about this $Ordi debate. It's clear that some of you are feeling regretful for missing out. 😄

Consider this scenario: if you had purchased 50 $Ordi at $3 each using $BTC, that would've cost you $150 when Bitcoin was at $25k, equivalent to about 0.00588 in $BTC. Now, here's an interesting point for those who may need a bit more time to process:

If you had simply held onto your $BTC, you'd be looking at a 60% gain, which, with the current Bitcoin price, would put your investment at around $239.

However, if you had chosen to invest in $Ordi and then moved your profits back into $BTC, your initial 50 $Ordi, which is now valued at $4k, would have given you a significantly larger return, especially when considering the current Bitcoin price of 0.09756 BTC.

So, criticizing this strategy doesn't make much sense and isn't helpful for the community, especially if you advocate for people to accumulate more Bitcoin. #bitcoin"

#Entertainment #Nostrich #GrowNostr #repost #420 #weedstr #Bitcoin #GSBAM