Comment · Mon, January 25, 2021 · ND Owner
MisterYouAreSoDumb
Original post in this thread
M30MM100 · 183 points
I just want to say thank you to MisterYouAreSoDumb. The man is incredibly knowledgeable, highly professional, levelheaded, and a tremendous asset to the nootropics community.
He can undoubtedly retire and spend the rest of life operating a coconut farm on a tropical island but he’s on a mission and continues to serve the community.
P.S. MYASD - I read your message the other day about Bitcoin stressing you out - try not to stress about Bitcoin 😉 I’ve been in it since 2013 and I won’t start selling until it’s north of 100k 🙂
What they were answering
M30MM100 · 3 points
You’re right, the best we can do is make a decision based on the current information that we have at that moment in time. I’ve noticed that the decisions that I l’ve made and later regretted were all rash decisions. I’ve learned to take my time as much as the circumstance allows me to. Decisions that I regret are mostly investment related, like when I sold LINK for 19 cents and had I held, I would’ve had 4.4 million dollars, but oh well. Plenty more opportunities.
I’ve seen a lot of people throwing the figure 300k this cycle for Bitcoin. Obviously nobody knows where this thing is going exactly, but I’m going to start selling btc at 100k and Eth at 2k and like you, continue to stay in it to a degree. We both know that it’ll crash again so I plan on buying during the next bear market and waiting until the next explosive upswing.
I died laughing at the origins of your username 😂
You have a very impressive past and I agree with everything you said about education, human potential, and the sparks of passion that can excel people regardless of them having a structured education system. I actually dropped out of college because I found it boring and it just wasn’t for me. I learned everything I wanted to for free, I surrounded myself with the smartest people I knew (how I got into crypto) and built a company by recognizing people’s individual talents and stationing them where I…
u/MisterYouAreSoDumb · ND Owner
Exactly! Rash decisions where you fold under pressure, or get weak hands, are the ones you regret. It's not because you made a bad decision. I can live with that. It's that you second-guessed yourself and broke your own rules on something. Those are the real regretful ones.
Last cycle I predicted we would hit $10K, but we hit almost $20K. So I am usually undershooting things. My exact prediction for this cycle is $125K, but seeing a wick up to $200-$300K is not out of the question. I could see $200K more than $300K, but I am generally more conservative than most. Again, these are imperfect predictions based off a data set that cannot possibly predict the future. We would need a bit higher than that to reach the market cap of gold, and that is the big target for most HODLers that have been around a while. There is going to be a big battle along the way to get there, for sure. ETH blowing past $2K seems like a very very safe bet at the moment, though. I think ETH will have some legs because of the mental hurdle being lower with the lower number. Hell, just look at TSLA, SHOP, or what the people at /r/Wallstreetbets are doing with GME. If people think BTC's gains are unreasonable, they are not paying attention to the stock market.
Your story is pretty common in startup businesses. College doesn't actually teach you much about the real world, at least in the business side of things. It's for networking and proving you can stick with something long enough, but most people's actual lessons start once they are out in the real world. It's also a massive scam these days with how much they charge. It's insane! Most entrepreneurs would do much better going a different path.
Thanks for the support! I enjoyed chatting with you as well!