In the real world, you can do whatever the fuck you want, but in the hypothetical, you ONLY have one option or the other. Of course, in the real world, you could end up hedging your bet and buy the other package so that you would not have to choose.. but that would seem to be fighting too much with they hypothetical, me thinks...
Personally, I was attempt to to modify (or tweak) the hypothetical in such a way that you ONLY get one option or the other.. bitcoin or shitcoins (not both), so which one are you going to pick, aesma? inquiring minds want to know.
Bitcoin, for sure.
I would feel bad if I didn't own any BTC.
Conversely, I already don't own most of these shitcoins and feel fine about it.
I am really not sure if the answer is obvious, but it seems that anyone who has spent any meaningful amount of time looking into bitcoin would more likely end up choosing the bitcoin option rather than the shitcoin variety-pack option.
Hope so all of us Enjoying Eid with Chart Buddy what you say.
The Only Hope 21K support level
There is a lot of hope in bitcoin.. young padawan.
Well thats the point exactly, In short you never know what is going to happen, In afterwards 2019 to 2021 we thought or i say i thought that,
that's it and it was Wrong Obviously.
A new Future Starts to end up with a new History i got it in 2022.
Well hopefully you are figuring out bitcoin as a long term investment and figuring out some kind of long term accumulation strategy because even now, we have about 99% of the world who still do not have any bitcoin, or they are under invested in bitcoin, and sure there are some other folks in the world who are stocking a lot of extra bitcoin, and even though Michael Saylor might be exemplary in regards to the "over-stockers," there are other folks who are taking similar approaches to their thoughts about BTC accumulation.
Of course, this year we have learned that some people have truly screwed themselves out of their BTC investment by overdoing it in various ways, and maybe not all of that overdoing it (in the form of gambling and overly leveraging) has been sorted out, but with any investment (even a seemingly obviously good one like bitcoin) there will be some folks who figure out ways to screw up their investment and even lose money on it.
Maybe I can let you in on part of the secret regarding bitcoin, and the meaning of an asymmetric bet?
The secret is that bitcoin is designed to pump forever, so you if you exercise prudence, patience and humility while you are continuously stacking your sats and not fucking around with gambling, believing that you have to earn "yield" blah blah blah, or trying to be too smart by selling BTC with ambitions to buy more later, then you may well be able to get rich as fuck with just a modestly aggressive BTC accumulation strategy that is tailored to your own circumstances, whether that is $100 per week, $10 per week or some other amount that is suitably aggressive within your financial and psychological circumstances, and if you continue to figure out ways to continue to stack sats without gambling for 4-10 years or longer, then somewhere in the process you will likely start to feel yourself in a much better position as compared to if you had not invested into bitcoin. No guarantees of course.. but prudence, patience, persistency and consistency can go a long way in bitcoin.
Sure there are some folks that have a timeline that is shorter than 4 years, but if they have a shorter timeline, that should
not mean that they gamble more with buying into bitcoin, but instead they have to be more careful in terms of making risky investments like bitcoin... and having a shorter than 4-year timeline might not even mean that they should not invest into bitcoin, but with a shorter timeline, they may well have to reduce their investment amount into bitcoin rather than increasing it (or rather than not investing at all, which some folks choose to not invest, which is likely not the case, even if some of the fence sitting no coiners are feeling smug at the moment)..
Basic investment principles with any fundamentally strong investment such as bitcoin is time in the market rather than timing the market, and even if there are not any guarantees, bitcoin is likely amongst the best of widely available medium to long term hedging bets currently in existence.
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