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"Three Trading Lessons Bitcoin Pizza Day Taught Me"
14 years ago, 10k BTC bought two pizzas.
14 years later, that 10k BTC was worth over $1 billion.
The common interpretation of this story is: "Don't spend BTC, hold it to get rich."
But from a trading perspective, I learned three other things:
Lesson 1: Don't mock "people who sold early"
Laszlo was an early contributor; he proved Bitcoin can be used for payments. If not for him, Bitcoin might have remained just a geek toy forever.
Every person who sold early actually pushed the ecosystem at some point.
Lesson 2: Time scale determines everything
If you look at BTC in "days," it often drops 30%.
If you look at it in "years," it has been rising.
The real reminder of Pizza Day: Don't let short-term emotions dictate long-term assets.
Lesson 3: Allocation ≠ Consumption, but consumption is also part of allocation
Some buy pizza with BTC, some exchange BTC for a house, some hold until zero or freedom.
There is no absolutely right choice, only the choice that fits your life stage.
🍕 My Pizza Day action:
Today I will buy a real pizza with 0.0005 BTC (about $35).
Not to commemorate "waste," but to remember the process of Bitcoin transforming from a joke into an asset class.
#GateSquarePizzaDay