Okay, so here's the thing.
Here we are again.
We've been here a million times. I have. Some of you have too. Maybe it's only thousands or hundreds. Doesn't matter. Same thing.
Bitcoin has exploded to this new all-time high... one that many of us back in the day when it was one or two digits could only dream of.
And now, just like every other time, we are faced with the reality that Bitcoin might be done. It might be finished forever. This time might be the last time. This might be the last chance you have to get out with your money to the best ability that you can.
This is thinking inside the old paradigm, but the old paradigm still rules, so it's not without merit.
We think in black and white scenarios. And it's not very crazy when you consider what Bitcoin actually is. The most black and white scenario we may ever see in our lives.
It blows my mind that at this point it is still a binary bet. It either makes you rich and gives you security or it's defeated and goes very quickly to nothing.
Storing your life's value in Bitcoin is either the smartest or the stupidest thing you could possibly do.
So you got to figure out where you are on that continuum. Do you think it's smart? Or do you think it's stupid? Do you think it's 60:40 or 40;60? Or do you think it has even greater potential for upside or downside?
Life does not tend to present you with binary bets. If it did, it would be easy for people to be wealthy. But this time, life may still be presenting us with a kind of binary bet. So how much are you willing to risk? That's the question. How much are you risking now? Maybe the more poignant question.
Well, life is about more than money. It's about more than value. It's about more than storing up your wealth.
This is easy for me to say here. I have gathered up wealth that should sustain me. But I'm preaching to myself, not just the choir, because if it can't sustain me, I have to be prepared.
There's nothing wrong protecting yourself, taking profits, settling into a lifestyle you can afford.
Don't take all your money off the table. You're not done yet.
And the crazy thing is Bitcoin is the table, nothing else. So if you're going to come back to safety, that's where I think it is for better or worse.
I'm not going to put some stupid, retarded disclaimer about how this is not financial advice. I'm telling you exactly what I believe is right to do. But I'm not responsible for your choices. I just want to shed light on what I think might help you make good choices. I could be wrong. You should probably ignore me. You're probably doing better on your own without any input from me.
Bitcoin is not done. It will not fail the boss fight, but the boss fight is going to be pretty intense...
... if you ask me. (which you honestly shouldn't.)
Selah..
... And hello from the abyss.
If you happen to be nearby, I would be glad to grill you a burger. Otherwise...
... be well my friends.