Submitted by S1apNT1ckl3-1 t3_10ohmbv in wallstreetbets
thetaFAANG t1_j6eoee1 wrote
sounds like your first time holding bitcoin
you'll get used to it and not think about it
one bull thesis right now is that bankruptcies from mismanaged financial companies are bullish because all their crypto is going to be held by bankruptcy trustees for the next decade, off the market and constricting supply. remember: Mt Gox STILL hasn't paid out and that's been in receivership since 2013.
and the confidence has already hit rock bottom, so the existence of mismanaged companies aren't going to shake confidence in crypto more than it already has
S1apNT1ckl3-1 OP t1_j6eorar wrote
No this is the third time, I’ve actually never lost on it either just trying to see where people are at on it.
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