Fair point. A lot of people talk about “conviction” until another asset starts moving. That doesn’t mean one is better than the other, it just shows how incentives change behavior over time.
SeemedGood on
If the conviction is about sound money, gold and silver are at least as good as most cryptos and better than most.
Background-Day-4957 on
Many people are taking tax loss harvesting to offset capital gains tax right now, and re-investing into products with better macro outlook.
MinuteStreet172 on
LOL maxis have no convictions, they’re chasing the profit.
CashDragonX on
If you are looking for both profit and conviction then BitcoinCash (BCH) is the place to be.
BCH is headed towards world reserve currency and will dwarf all other coins.
5 Comments
Fair point. A lot of people talk about “conviction” until another asset starts moving. That doesn’t mean one is better than the other, it just shows how incentives change behavior over time.
If the conviction is about sound money, gold and silver are at least as good as most cryptos and better than most.
Many people are taking tax loss harvesting to offset capital gains tax right now, and re-investing into products with better macro outlook.
LOL maxis have no convictions, they’re chasing the profit.
If you are looking for both profit and conviction then BitcoinCash (BCH) is the place to be.
BCH is headed towards world reserve currency and will dwarf all other coins.