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It's silly at this point to repeatedly apologize for participating in this market.
But we're on an entrepreneurial forum and it has to be repeated ad nauseum that participating in the crypto market is not the same thing as owning and operating a business.
With that said.
If you want to participate and be opportunistic during opportunistic times, then do so with eyes wide open.
Crypto markets are a lot like gambling, but not entirely. And not all coins are the same.
In one way, BTC for instance, differs in that it offers an alternative store of value which is disconnected from central banking's inflationary operating system.
In that way, it has almost 15 years of experience in showcasing it's performance against fiat.
In that way, it is demonstrably useful.
In that way, I will continue to experiment with owning it.
If you want to buy, buy. If you don't, don't.
You can buy the top of any market, and sell the bottom likewise.
If you bought a bunch of inflated short-term rentals in Austin in 2021 and now you're upside down on your investment, is real-estate a scam?
If in 2024 you're still seriously debating whether BTC is a scam or not depending on what part of the market cycle we're at, maybe you're not as clever as you think you are.
But we're on an entrepreneurial forum and it has to be repeated ad nauseum that participating in the crypto market is not the same thing as owning and operating a business.
With that said.
If you want to participate and be opportunistic during opportunistic times, then do so with eyes wide open.
Crypto markets are a lot like gambling, but not entirely. And not all coins are the same.
In one way, BTC for instance, differs in that it offers an alternative store of value which is disconnected from central banking's inflationary operating system.
In that way, it has almost 15 years of experience in showcasing it's performance against fiat.
In that way, it is demonstrably useful.
In that way, I will continue to experiment with owning it.
If you want to buy, buy. If you don't, don't.
You can buy the top of any market, and sell the bottom likewise.
If you bought a bunch of inflated short-term rentals in Austin in 2021 and now you're upside down on your investment, is real-estate a scam?
If in 2024 you're still seriously debating whether BTC is a scam or not depending on what part of the market cycle we're at, maybe you're not as clever as you think you are.
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