Quote from: JayJuanGee on Today at 12:25:49 AM

Quote from: Pi-network314159 on July 25, 2025, 11:45:34 PM

Quote from: JayJuanGee on July 25, 2025, 11:23:54 PM

Quote from: roemer on July 25, 2025, 07:45:03 PM

the concept of hodl has been and still is the best strategy. If you followed this method with 10+ currencies for the past 10 years you would be doing very well implying you picked from the top 30 currencies that were available.

That is retarded, roemer. You may be lost or in the wrong thread..

We are only talking about bitcoin here, and you have to first accumulate bitcoin before HODL even makes sense, so it could take 1 or 2 cycles or longer to get to a point in which you have accumulated enough bitcoin.. and don't be fucking around with other currencies (especially fiat currencies) that mostly lose value..

Are you sure he is talking about fiat currency or he is referring to shitcoins holding. It will be nice for him to come and specify which of the 10 currency out of 30 he's talking about, so that we can no where to place him. And of course even if he comes and talks about shit/atltcoin, we would not take him seriously because hew chose the wrong investment plan over the right one Bitcoin.

Sure. Fair enough. He might be talking about shitcoins, yet that still is both 1) off topic in this thread since we are talking about bitcoin and 2) perhaps even dumber than holding some value in fiat currencies... although there are likely some shitcoins that are going to outperform various fiat currencies.

Ultimately, he was not clear what he was talking about and he is likely a disingenuine twat who is trolling and/or shilling.

Quote from: Pi-network314159 on July 25, 2025, 11:45:34 PM

Quote from: JayJuanGee on July 25, 2025, 11:23:54 PM

Over the past 10 years almost all of the fiat currencies had gone down in their purchasing power to be 1/2 as much as they were 10 years previously..

That is for sure, as time goes on fiat currency depreciate in value due to economic inflatation, but guess what? Bitcoin even do more better during economic inflatation because people pull out their money from dying fiat to Bitcoin, thereby Bitcoin adoption increase. And more liquidity is added to Bitcoin and it's market cap increases and Bitcoin increase in price too.

Sure. Bitcoin is valuable because of irresponsibilities with fiat. If governments were more responsible with their management of money, then bitcoin might not have any reason to exist...

It is possible that even if governments were responsible, there could be some other reasons to invest into bitcoin, yet we don't live in such a world, and it seems that the level of outrageousness and irresponsibilities of governments (all around the world) in regards to their money printing, this has given quite a bit of a strengthened reason for bitcoin to exist and to have value and to likely put governments in check... perhaps to help some of them to become more responsible, even though it could take some time for the responsibility to play out... so we are still to find out if bitcoin is actually going to continue to be helpful as bitcoin continues to exist and likely continues to get larger, and we don't even have to answer all of those kinds of questions in order to know that it is in our own best interest to invest in bitcoin rather than not investing into it.

Sir, I agree that bitcoin is mostly tied to fiat mismanagement, and you’re right that the current situation of budgetary irresponsibility gives Bitcoin a strong edge to persist and grow. Bitcoin will always be as asset as long as people are already investing for their own interest. As such, it’s the best time for us to keep accumulating bitcoin, because it’s fixed supply and trustless system give it more strength.