Despair is often filled with false hopes.  Denial.  Self-delusion.  “Hopium”.

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Not to pick on you, Homer—no offense to you personally—but I am as disappointed in some of the WO regulars as I am shocked that I violated my own advice to newbies never to mess with margin.

Despair?

When I finally got out of debt, I showed this thread with all my pathetic trainwreck-posts to the market pro who advised me to cover in February at $35k.  Heater wasn’t the first to advise me to save much more than I eventually did.  He saw all the recent posts that look worried, and told me not to waste any more of my time with the weak hands here.  Ouch.

Now, I have Jay talking to me as if I am unworried because I lack sufficient “stake” in Bitcoin.  WTF?  It’s called diamond hands.  I have diamond hands when I keep my life savings in Bitcoin.  I have diamond hands when I have money I cannot afford to lose in Bitcoin.  The only time when I crumple like tissue paper is when I get into debt, and suffer repeated liquidations.  Easy solution:  Don’t do that!

Now, we may have regained $20k—or this may be like when we so recently bounced around between $28k and $32k for awhile.  (Or before that, between $38k and $42k.)  I DGAF.  This is all short-term thinking.  And by the way, the only reason why we need to suffer these dips-for-ants is the fickleness of short-term thinkers.

When Bitcoin is up, WO is full of memes about rockets and trains.  When Bitcoin is—sad, weeping softly to itself like now, WO despairs.

If you despair, then please mindrust your coins right now so that the market can get started slowly absorbing them.

I wear no hat.  I have no “laser eyes” pic (my natural, inborn laser-eyes are good enough, thank you very much).  And as long as I am not at risk of liquidation, I honestly do not care if Bitcoin takes its time crashing for awhile before recovery.  I don’t plan to sell, so why should I be upset?

(Observing $20,041 as I write this.)