Why Are They No Longer Saying "When Lambo?"

[Basels]

I read that Bitcoiners used to accummulate BTC to get enough to buy a lamboghini supercar, and everyone used to ask others when they have gotten enough bitcoins to buy one. However, I've looked around the web and haven't seen anyone asking another "when lambo." Does it mean that Bitcoiners no longer spend their BTC on luxury, or has the Bitcoin generation in love with the lambo all gotten their lambo?

[tbct_mt2]

I read that Bitcoiners used to accummulate BTC to get enough to buy a lamboghini supercar, and everyone used to ask others when they have gotten enough bitcoins to buy one. However, I've looked around the web and haven't seen anyone asking another "when lambo." Does it mean that Bitcoiners no longer spend their BTC on luxury, or has the Bitcoin generation in love with the lambo all gotten their lambo?

When lambo?
When Bitcoin is dead?

These buzz sentences are bearish or bullish but they're non sense for Bitcoin investors or people who are interested in becoming Bitcoin investors. Because investment has risk factors and investors must know about it, then having proper risk and capital management for their portfolios.

Saying things like "Bitcoin is a get quick rich tool", "Bitcoin can help to buy a lambo" without notes or warnings about risks will motivate people to no longer invest but gamble with money, loans and they will lose their bitcoins, their money by this bad risk managed action.

People only need to do risk and capital management well, and hold their bitcoin in 4 or 5 years, then they will get good profit.
https://hodl.camp/

[batang_bitcoin]

I read that Bitcoiners used to accummulate BTC to get enough to buy a lamboghini supercar, and everyone used to ask others when they have gotten enough bitcoins to buy one. However, I've looked around the web and haven't seen anyone asking another "when lambo." Does it mean that Bitcoiners no longer spend their BTC on luxury, or has the Bitcoin generation in love with the lambo all gotten their lambo?

Because that when lambo and when moon bois were all hype investors and they're no longer here. They've given up during the bearish market. The last time when I've read about that on the internet was 2021 bull run. And after that, I rarely see them even in the forum. Not that holders don't spend on luxuries anymore but, it was a meme that's intended to be for us. I guess those who are real and big holders, that when lambo happened for them. Not because they've spent it on luxury but it's likely that the majority of them, they don't have btc to hold anymore.

[Sanitough]

It's simple, probably with the current price of Bitcoin it's no longer going to rise like what we witnessed in the past. If it goes x10 it still might not be enough to afford a Lambo. Based on my understanding, the phrase "when lambo" which I used to say or comment in the past, means when Bitcoin will pump like crazy at a minimum of x100, now it's still possible but unlikely.

[Dr.Bitcoin_Strange]

Are you sure the statement was often used by Bitcoiners ? "When Lambo? When moon?" Was a very popular statements used in many telegram groups that prompted various altcoins some years ago when altcoins market was still booming. I have only seen altcoiners use those statement more often than Bitcoiners, even till date, they still ask the question in different altcoins social media group but I rarely see Bitcoiners ask such question. If you want to see such statement, visit the telegram group and x account of influencers that are promoting altcoins and you will see people in their comments section asking those questions.

[dzungmobile]

It's simple, probably with the current price of Bitcoin it's no longer going to rise like what we witnessed in the past. If it goes x10 it still might not be enough to afford a Lambo. Based on my understanding, the phrase "when lambo" which I used to say or comment in the past, means when Bitcoin will pump like crazy at a minimum of x100, now it's still possible but unlikely.

There is no opportunity for such massive ROIs like in earliest market cycles but Bitcoin is still a very good investment asset for people who are in cryptocurrency market. If they can invest safely and rightly, they will still be able to gain very good profit.

Some old topics about Bitcoin market history and investment strategies.
Bitcoin price history, ATHs and bottoms.
Are you ready for the Bitcoin bull market? What's your plan?
DCA vs Smart DCA, what do you choose?

I don't recommend Smart DCA to newbies who lack of experience and it will be better for them to use DCA (traditional DCA strategy).

[Lucius]

~snip~
Does it mean that Bitcoiners no longer spend their BTC on luxury, or has the Bitcoin generation in love with the lambo all gotten their lambo?

No, we're just waiting for Senor Bukele to create a super Bitcoin state in which everyone who owns 1 BTC will receive a Lambo as a gift - although the deadlines are questionable, we hope it will be in this century

[Sanitough]

It's simple, probably with the current price of Bitcoin it's no longer going to rise like what we witnessed in the past. If it goes x10 it still might not be enough to afford a Lambo. Based on my understanding, the phrase "when lambo" which I used to say or comment in the past, means when Bitcoin will pump like crazy at a minimum of x100, now it's still possible but unlikely.

There is no opportunity for such massive ROIs like in earliest market cycles but Bitcoin is still a very good investment asset for people who are in cryptocurrency market. If they can invest safely and rightly, they will still be able to gain very good profit.

Good profit, we have different definitions of that, but the words "when lambo", that already gives us an idea of how much a Lambo costs. And this normally comes from people who have small investments but are expecting a big return so they can buy a Lambo. In the past, although I always said it as it was very popular before, but my hope really was to be able to build a house from my Bitcoin profit, and it happened, no Lambo as I dreamed of, but I have a house and lot that appreciates in value, I think it's a wise buy.

But of course, I also want a Lambo but only if I already have excess money but at the current price it will not happen again , at least with Bitcoin if you only have a small investment.

For now I think we need at least a $20k investment if we aim for a Lambo, the cheapest kind.

[Brahmahatyaa]

BTC is no longer trading at $10k or $20k, and that may be what made investors realize that holding bitcoin is far more valuable than buying a Lamborghini. That era is over, and people are now more focused on stacking sats than spending them.

For now I think we need at least a $20k investment if we aim for a Lambo, the cheapest kind.

With $20–25k, I could already buy a Lamborghini in my country without having to invest. Well, just a replica, though. Lol

[Primark]

If you want to understand this issue better, you have to go to the history of this matter. As far as I was hearing, in 2013, an early Bitcoin user bought a Lamborghini with 217 BTC. That incident came around 2021 and Cointelegraph published a detailed report. Then it was heard that with the increase in the price of Bitcoin, the dream of buying a Lamborghini became a symbol of financial success in the crypto world. Even a few months ago, I read somewhere that around 2018, some people actually bought a Lamborghini by profiting from Bitcoin. So if someone says that this matter is completely fictional, I will not believe it.

Keep in mind that not everyone has the same purpose for buying Bitcoin. Some may be interested in buying a Lamborghini, some want to buy a house, and many want their future financial security. Again, the matter of profit is also different. The increase in the price of Bitcoin does not mean that everyone makes equal profits. The actual profit depends on who bought it, when, how much they invested, and when they sold it.