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Post by Mandrik on Getting Lucky

by Larry Chiang on January 19, 2025

image0.jpegYou wanna get “lucky?” Here’s the plan:
-Buy Bitcoin
-Live below your means
-Do nothing
Sounds easy, right? It’s not.
In fact, it is literally the hardest thing to do in Bitcoin. Why?
image2.jpeg
Temptation. FOMO. Greed.
It’s what drives people to gamble, be it on sports or memecoins. 
Great example – I have this Casascius round. Contains 1 entire Bitcoin on it. Earned it selling a gyro for $5 back when I was broke, because rich people weren’t slinging sandwiches for btc in 2011. 😂
Now it’s a family heirloom, locked up in a secure, off-site location.
Can you imagine the challenge of holding something that has gone up over 21,000x in only 13 years? I should have sold this thing 1,000 times in the past. No one would have blamed me. 
But I didn’t.
I saw something with sentimental, historical, and financial value. I chose to buy less things instead of selling this little brass token. 
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Now do you believe for a second that the dollar equivalent in memecoins, purchased today, will have any value in the next 13 years? Hell, the next 13 months?
You already know the answer. You’re just too greedy to pay attention.
I won’t stop you from gambling, but stop asking me if you should buy into the next get-rich-quick scam. Stop telling me how lucky I got. 
image4.jpeg
You can either “do nothing,” like I did, or have nothing when you go broke chasing the dopamine hits.
Our great-great-grandchildren will remember only one of us.

 
 
Mandrik
⁦‪@Mandrik‬⁩
You wanna get “lucky?” Here’s the plan:

-Buy Bitcoin
-Live below your means
-Do nothing

Sounds easy, right? It’s not.

In fact, it is literally the hardest thing to do in Bitcoin. Why?

Temptation. FOMO. Greed.

It’s what drives people to gamble, be it on sports or memecoins. pic.x.com/sSvauJItDk

 
1/19/25, 10:54 AM
 
 

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