He needs to learn, you win some and you lose some.
Yeah, I know...
Thing is, the biggest problem I see when I see people making their arguments is that they keep thinking of Bitcoin as a currency... granted, that is how it was hyped, but in practice it is actually a commodity, that just happens to be very easy to barter with in exchange for something else of value...
That's where I see Bitcoin having its strength, for barter... not as a currency itself.
It is the same with the stock investing... well, yeah, the stock prices pegged to crypto, keep going down... but that's because all of those businesses are operating in their local real-world currency, and have to be converted to BTC value through the exchange rate.
I stopped thinking about BTC balances and value itself a while ago, and just look at what the real-world value of it is, and I just can't be bent out of shape about it.
Sure, right now, I have around 20 BTC... although a couple years ago I had around 45 BTC... but that was when it was worth around USD 10-15 each... and my 20 BTC right now is worth around USD 500-600 each lately... and I just can't bring myself to feel bad about my wallet value going from USD 450-675 up to USD 10,000-12,000 now, and I still have BTC dividends and Pyra payouts, and my jalapeno is still getting the occasional p2pool share giving me a little bit of coin, which I keep holding onto... and I expect BTC value to still rise even more in the not-too-distant future.
I just can't feel bad about it, and I just don't get why some people keep acting like the sky is falling and that they've "lost" something. Things are going good from what I can see.
:shrugs and shakes his head:
=squeak=