One Way Ratchet

Vegas Tops & Local Bottoms | 050


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Dan and Trent break down:

  • Trent's quick hit to Vegas
  • Gearing up for Sphere shows 
  • Recent Bitcoin price volatility and sentiment
  • Reminder to zoom out and take the long view.
    • Don't be tricked or distracted by short-term price movements.  They are designed to shake the confidence of inexperiences retail investors.
    • Zoom out and chill
  • Case in point: look at price on the day of the 4 Bitcoin Halvings:
    • 2012:  $12
    • 2016:  $650
    • 2020: $8600
    • 2024: $65,000
    • Notice any pattern
  • This is true not just of Bitcoin but of life: block out the day to day volatility and take the log view.  
  • Song of day: Hot in Herrre by Nelly
...more
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One Way RatchetBy One Way Ratchet Bitcoin

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