patrick.net

How do you hodle bitcoin?

But seriously, conservative meme makers need to get their grammar and spelling exactly correct for maximum impact.

Leftists find memes much easier to dismiss if the leftist can feel good about finding a spelling error in it. Their whole life is about resentment for being middle school losers, and how they think they compensated by being better students.

You HODL by not selling, you hold on for dear life. It basically means, that you dont panic sell during dips.....you add more and buy the dip. HODL=SMART INVESTING

Patrick says

How do you hodle bitcoin?

Hold On for Dear Life!

There are a horde of (future) bitcoin millionaires that are never going to sell until they reach the price point they know it will one day go to (moon shot).

HODLers keep the price high because all of the new incoming "coins" come mostly from the miners. When a couple million "retail" retail buyers spend $20 a piece at the "crypto kiosk" at their local liquor store the price per coin is bid up considerably. It's like a lottery ticket.

Some fools accumulate with no intention of ever selling until the price in "fiat" meets some exponential multiple of what they "bought in" for. Them is they that "HODL".

"miners"

It's a Ponzi scam by definition. The only way to get your money out id for the greater fool to put their money in. No assets. No cash reserves. No dividends. All incoming money consumed by the miners to buy electricity, hardware, food, shelter, etc. If you want to sell someone has to buy.

Fortunately for the unscrupulous trader that doesn't care about who it hurts or the environmental damage caused by bitcoin, there are a lot of fools.

Lose the password to your wallet and no pizza!

Onvacation says

Lose the password to your wallet and no pizza!

Don't even need to lose the password. No one accepts BTC as a currency. Gotta pay $$$ for the pizza. That's not ever changing.

Dont bother buying pizza with your precious digital gold coins! Buy real estate/Pay off mortgages

G36 says

mortgages

What is that? You still have one? Lol. Point proven. You don't have any crypto. Ass shown as usual.

WookieMan says

G36 says

mortgages

What is that?

Renters in IL wouldnt know

G36 says

Renters in IL wouldnt know

G36 says

Buy real estate/Pay off mortgages

The gift that keeps on giving.

Since you have a mortgage to pay off, I now get that you cannot travel. I'm sorry for pestering the topic. My apologies. May you one day be able to enjoy life.

WookieMan says

G36 says

Renters in IL wouldnt know

I bet if you keep trading those 100shares of LUV into BTC, you will have enough for a downpayment (soon). I hear IL is pretty cheap compared to nice places like SoCal.

So no travel? I totally get how that could be miserable. I feel for ya. You'd figure the crypto turned out for you so you'd be wealthy and could do whatever you'd want. I guess not. Can't answer a question. Where did you travel last?

WookieMan says

So no travel?

I live where others do vacation. Those "others" are usually peeps who live in IL and are tired of shoveling snow.....not everyone can afford the sunshine tax :)



low 70's the next few days.....gonna do some MTB'ing and hiking with the doggy.

G36 says

I live where others do vacation. Those "others" are usually peeps who live in IL and are tired of shoveling snow.....not everyone can afford the sunshine tax :)

Naive. Figured as much. I don't shovel, I have people for that.

Fun part is I pay 1/10th of what you do and I don't live under a Nazi regime AND I make more. 70's is not that nice. I'll take 80's and boating around St. Thomas and St. John over riding a bike. I mean my kids might like that, not my cup of tea. Adults gotta adult, lol.

WookieMan says

G36 says

I live where others do vacation. Those "others" are usually peeps who live in IL and are tired of shoveling snow.....not everyone can afford the sunshine tax :)

Naive.

Don't be jealous. And don't beat yourself up over it. Start investing and:

G36 says

Don't be jealous

Huh? Jealous of what? I'd hit 13% income tax in CA and have to buy a $2M+ house to even come close to my life in IL. Not worth it for some sunny 70's and some bike riding. I'm not 12.

You clearly like burning cash. Honestly a lot of people on this site like burning through a fuck ton of cash to live in CA. I'll live a better life currently, I'll live a better life in early retirement, heck I'll just live a better life. Enjoy CA until you're 70. I'll be in the Caribbean by 48 and retired.

Where have you vacationed though? Or do you just mountain bike? Sounds miserable.

WookieMan says

G36 says

Don't be jealous

Jealous.

This might be the ultimate trigger for him....2 things @WookieMan doesnt have:

G36 says

This might be the ultimate trigger for him....2 things @WookieMan doesnt have:

One thing you don't... lol. You'll learn.

G36 says

Dont bother buying pizza with your precious digital gold coins! Buy real estate/Pay off mortgages

What's your moon shot price when you cash in and buy some REAL estate?

Enjoy. I've got more. This is all during covid and I've got more. I'm sure Socal is so great. I've been there. I've been to better. Enjoy biking though.

Super bad time at the Westin St. John. Boat with the tallest mast in the middle, Epstein island in the background.

Where did you travel again? Or did you just mountain bike?

Oh yeah, Utah. Forgot about that.

Napoli's Pizza in Benicia or Vallejo. Awesome crust lots of garlic. Bits can't buy pizza.

Lone Peak. Big Sky. This is what men do. This is all in the last year. What did you do?

Shit. Forgot about Mexico.... Let me know what you did with your bitcoin during a pandemic. This is what I did... lol.

Someone had to go on the night shift I guess. Oh well. Just glad I don't have to live in mom's basement and not experience the above photos.... Not sure how one could live like that.

WookieMan says

live in mom's basement and not experience

We're living in a virtual world. Why should money be real?

Bitcoin and other cryptocurrencies are just symptoms of this fucked up system.

WookieMan says

Lone Peak. Big Sky. This is what men do. This is all in the last year. What did you do?

Beautiful picture. It's as if I'm there, so maybe now I don't need to go.

porkchopexpress says

Beautiful picture. It's as if I'm there, so maybe now I don't need to go.

I wouldn't go again. That's some real ass snowboarding/skiing. Early season too. Rocky. Glad I did it though. Trying to get out there in March, but I'm not getting on the tram again to get to the top. The kids need dad, lol.

bawahahahahaha

wow, those two triggers hit stronger than I would have expected. Now we just need the right name for it.....BSDS seems fitting.@WookieMan, what do you think?

G36 says

bawahahahahaha

What were your realized gains from crypto in 2020?

Onvacation says

G36 says

bawahahahahaha

What were your realized gains from crypto in 2020?

You know better...

FYI, those are legit my photos of travels. Where did you go last year G36? A mountain bike path near your parents home? Show us some fun stuff you did with all those gains. Seriously interested in what a crypto lifestyle is like. Not sure why you'd keep dodging this if life was soooooooo good with crypto.

G36 says

what do you think?

My 2020 during a "pandemic" blew your 2020 out of the water. You've yet to prove otherwise. Even with crypto gains, I'm 100% confident I did better finically given crypto was dead most of 2020. 100%. I had fun. You didn't. That's what I think and it's what you know. lol. You might be able to fill in for that deadbeat comedian Colbert. You're similar.

It's not true that he that dies with the most toys wins, it's he that plays with his toys the most while he is alive that is the winner. We can all win.

G36 says

bawahahahahaha

wow, those two triggers hit stronger than I would have expected. Now we just need the right name for it.....BSDS seems fitting.@WookieMan, what do you think?

Okay, so we agree on the diagnosis.
Next question is, how can we help him?

Sunshine derangment syndrom.....not much I can do here.


Bitcoin derangement syndrome:
I would have him trade his 100 shares of LUV into BTC. At least that gives him some exposure. Any other thoughts?

Onvacation says

It's not true that he that dies with the most toys wins, it's he that plays with his toys the most while he is alive that is the winner. We can all win.

Agreed. I think my photos show that. Looking at a computer screen and trading spreadsheets sounds miserable. And bragging about it not being able to show you had fun or even made money is even worse. Layer on top spamming a mainly non-financial forum showing nothing of gains or fun from anything you're spamming.

I'm just glad I had a better 2020 and know it. It was so good I don't have to worry about the crypto fad 2.0. All during a pandemic. Life is good.

G36 says

Sunshine derangment syndrom.....not much I can do here.

I'm here.




Just because my home base is in IL, doesn't mean I'm there (missed the T). You'll learn some day. I can have homes and vacation for 1/2 the cost to live in CA. Retire dozens of years earlier. Bitcoin though... lol.

Yeah, now that you shared a bit of your circumstances, I understand why you are tried of shoveling snow in IL.



At least you made me appreciate SoCal even more. We sometimes take the beautiful weather and beach for granted. Thanks bud.