Quick reminder, fam: If you didn’t sell earlier and are now stuck holding bags, can’t cut your losses, and don’t have extra funds to buy the dip, you’ll probably be tempted to go full degen and ape in with your BTC during the bear. Don’t do it—it’s a slippery slope. Just hold your BTC spot, delete your exchange account, and chill for a couple years; you’ll make it back. But if you start bottom-fishing with your BTC in a bear market, you’re basically doomed.

A friend of mine once owned four figures worth of BTC, but he lost it all in the end through coin-margined contracts.

They can't be persuaded; they have a path dependency. The path that's now causing huge losses has actually made them money before, quite a lot of money.

😅😅😅

"He'll break even in two years"? If he doesn't break even in two years, will you make up for it?

If you can't even break even after two years of spot trading, is it easier to break even by buy the dips in cryptocurrency terms?

You can't use one potentially flawed assumption to refute another potentially flawed assumption. That's pointless.

Okay, let's start going long on a coin-based basis right away.

🤡