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Garbage article Buying BTC at an all time high was dumb, but stopping now that it's low would be dumber. Saying that they lost millions is incorrect - they h

Garbage article Buying BTC at an all time high was dumb, but stopping now that it's low would be dumber. Saying that they lost millions is incorrect - they haven't lost anything because they haven't sold any of their BTC yet. And it's only been a couple years. We won't know if this was a good or bad investment until 2050.

rpigab 4y ago
Yet, it would have been a way wiser decision to hold on to fiat until now then buy the same btc amount for way less or buy way more btc with the same fiat. So, I'm not sure this way of saying that technically "unrealized loss isn't loss" has any meaning or utility. Pointless debate anyway. It's actually pretty funny to read Nayib's comments each time he buys more at a lower price, and he thanks people for "selling for cheap" while he's "buying the dip"/"oh no last one was not the dip, this one is"/etc and so on and so forth. Wonder if it'll continue that way, and he'll stay delusional forever even if BTC continues to plunge. Comedy gold. https://nayibtracker.com/ https://nayibtracker.com/