4 ms·
The same reason it was always spilling to look back at if you had mined bitcoin or kept whatever you mined early or not cashed out when it was cents. The vast m
by kbenson 3y ago
The same reason it was always spilling to look back at if you had mined bitcoin or kept whatever you mined early or not cashed out when it was cents. The vast majority of people that weren't true believers early would have cashed out in the first few percentages of its rise, because the vast majority of the time the the right thing to do.
Tech billionaires are walking embodiments of survivorship bias. It's like if lotto winners went around espousing their strategies for success.
Edit: whoops, s/confirmation bias/survivorship bias/, but both are kinda true.