215 upvotes, 7 direct replies (showing 7)
View submission: Trump does not understand Bitcoin
So let's state the facts here:
Trump does not understand crypto / Bitcoin.
He is just rewarding the people (crypto bros) who helped him.
Stating "never sell your Bitcoin" is setting up people who will be the exit liquidity of the crypto bros who helped Trump -- i.e. Saylor, Sacks, Chamath, Srinivasin, Selkis, et al.
What you should take away? Sell your Bitcoin when it becomes life improving money.
Comment by KRAZYKNIGHT at 09/03/2025 at 03:53 UTC
50 upvotes, 1 direct replies
He doesn't understand crypto but he sure understands rug pull.
Comment by doives at 09/03/2025 at 01:16 UTC*
17 upvotes, 1 direct replies
Still better than operation choke point 2.0 (obviously).
Comment by BTCMachineElf at 09/03/2025 at 01:34 UTC
8 upvotes, 3 direct replies
What you should take away? Sell your Bitcoin when it becomes life improving money.
Oh but you were doing so well before that. Why should we base any action on the sentiment of a man who doesn't understand the asset? Bitcoin is bigger than Trump, and it is the future of money no matter what he says or does.
Comment by vattenj at 09/03/2025 at 14:31 UTC
2 upvotes, 0 direct replies
"Never selling coin" is a much higher level of sophisticated investment strategy, that he who has micro economy knowledge (profit/loss) would not be able to comprehend
For forever-appreciating-assets, it is a passive income generator, selling is always worse than some kind of passive income scheme like lending or mortgage the asset
And if enough people understand this and never sell their bitcoin, there will be no selling pressure, means price could keep appreciating forever
Comment by InclineDumbbellPress at 09/03/2025 at 01:14 UTC
2 upvotes, 0 direct replies
As long as you dont sell lower right? Right????
Comment by diskowmoskow at 09/03/2025 at 09:34 UTC
1 upvotes, 0 direct replies
How is Selkis holding up? Is he happy now?
Comment by 4luey at 09/03/2025 at 01:41 UTC
0 upvotes, 0 direct replies
If this is the case, then off with their heads!!