The most frequent opinion spouted out by loud mouths is “the market will collapse.” They rant and rave “this is unsustainable” because “history blah blah blah.” It’s all a cope for being a dope. In other words, people PRETEND and make believe the world will BEND to their caprices — because this gives them license to continue to make poor decisions. In other words, people who believe that something “has to happen” because MUH HISTORY are more or less living delusional lives — sad, fat, slow.
I cannot lie — I too have felt this way before and probably spouted my own bullshit on this blog over the years, as we encroach on 21,000 blogs at iBC. However, after turning 40 I made it a point to attempt to, at least in large part, destroy my ego.
What does that entail?
It mainly means stop believing in your own bullshit and truly view things objectively and more than anything else — have empathy, especially for things/people you do not understand.
How did this help me buy ETH with a cost basis of $240?
I had no fucking clue, at the time, but knew many fuckers out there loved cryptos and I knew with all of the money printing the perception of inflation would be real and having cryptos, the largest ones, seemed like a good bet. I did not have BIG BALLS, so I invested the same amount for every month and I continue to do this — because what the fuck do I know? I know my investment is +10x and I know that at any point over the past year had I injected my opinions into this investment — I would have sold.
The market is never going to COLLAPSE. There will be periods of dislocation and during your entire lifetime immense amounts of wealth will be produced thru investments. If you’re smart, you’ll stop listening to yourselves and give in to the trends — carefully curating and making sure you’re flexible enough to withstand the bumps along the road.
Reading all of that shit above is guaranteed to trigger some people to say dumb shit like “TOP” or “BOOKMARKED”. Go fuck yourselves. You’ll be waiting around for the CRASH while I am popping champagne corks into your face from my Destroyer — that I purchased from the bankrupt US Navy in about 10-20 years.