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🍕 Don't talk to people with too little chips about "long-termism": with only a few thousand dollars, how can you hold out for 5 years?
It's another Pizza Day, full of "Respect Laszlo," "HODL is faith."
It's a bit suffocating to watch.
In 2014, I had 60k LTC, and I dared to buy a car back then because I truly could "afford to lose";
Now many people only have a few thousand dollars in principal, but they ask me every day: Can I go all-in on spot for three years?
Be realistic:
Rent, utilities, food—none of these are free?
When BTC pulls back 30%, many people are forced to exit, what can they hold long-term?
Everyone laughs that Laszlo used 10,000 BTC to buy a pizza,
But back then, at least they could afford it.
That year I sold my LTC early and missed out on the Cullinan, that was my greed;
Now many people have small principal and tight cash flow, and can only look for opportunities in volatility—this is survival, not faith.
Spot trading is more like a game for those with large capital,
Leverage and high-volatility tools are more like a probability game for ordinary people—
But the game is about strategy, not luck.
Today is 522,
I don't advise you to be a saint, nor do I advise you to learn from Buffett.
Just want to say:
Don't let "long-termism" become an excuse for you to not even afford a meal.
Share your thoughts in the comments:
If you only have a few thousand dollars right now, what would you choose?
A. Dollar-cost averaging into spot, slowly hold on
B. Small position trial, keep the rest as living reserve
C. Focus on saving money first, wait until your capital is thicker to talk about faith 🚬
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