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I had a large amount of savings in Bitcoin in September 2020. However, after reading the salient arguments against Bitcoin made by Stephen Diehl on his Twitter
by bitcoinmonger2 5y ago
I had a large amount of savings in Bitcoin in September 2020. However, after reading the salient arguments against Bitcoin made by Stephen Diehl on his Twitter account, I liquidated my entire position.
And I couldn't be happier.
Thanks to his nuanced decomposition of the technology I have avoided the wild price swings over the last year, and protected myself against the inevitable crash.
I would recommend anyone with a position in Bitcoin to read his informed analysis on the technology and cash out while you still have chance.
The best time to get out of Bitcoin was a year ago. The second best time is today.
- ur-whale 5y ago> arguments against Bitcoin made by Stephen Diehl on his Twitter account Stephen Diehl is the textbook example of a fanatic. Not just on the topic of cryptos. I would take whatever he says with a bucketload of salt.
- biceprouse 5y agoprob not smart idea to rely on investment advice solely from a single twitter user. Diehl often makes inaccurate claims about the technology he is criticising, and refuses to enter into any discussion that goes against his beliefs
- Kiro 5y agoNice rationalization.
- josefresco 5y ago*BTC Value in USD Sept 1 2020: $11,414.03 I understand what you're saying and peace of mind is a big part of investing, but you clearly lost out on massive gains.
- game_the0ry 5y agoCould you link, please? i would like to see that.
- bitcoinmonger2 5y agohttps://mobile.twitter.com/smdiehl/status/1350869944888664064 https://mobile.twitter.com/smdiehl/status/135086994488866406...