![BackslashBTC's tweet photo. "The Art of (Not) Selling Bitcoin"
Chris Cerrone’s framework (pictured below) for compounding value in equity investing (penned while a PM at Akre Capital Management) applies, perhaps even more profoundly, to bitcoin.
Some annotated reflections:
“Of our most costly mistakes over the years, almost all have been sell decisions. The mistake, in virtually every instance, has been selling too soon.”
Bitcoin rewards patience. The greater risk isn’t overpaying, but exiting early, forfeiting exposure to a once-in-a-species monetary repricing.
“Our investment philosophy involves concentrating our capital in a small number of what we believe to be growing and competitively advantaged businesses. These kinds of businesses are rare and are only periodically available for purchase at attractive valuations.”
Bitcoin may be the rarest asset of all time: a finite, self-governing monetary protocol emerging as a neutral global reserve asset. The window to accumulate is inherently limited.
“Holding on means resisting the temptations to sell — and there are many. We tune out politics and macroeconomics. To the surprise of many, neither valuation nor price targets play a role in our sell decisions.”
Bitcoin requires similar discipline. Headlines, policy shifts, and volatility are constant noise. None alter its fixed issuance or monetary clarity.
“We try hard to tune out concerns about politics and the economy…we are at our worst as investors when we allow concerns…to influence our investment decisions.”
Bitcoin was built precisely as an escape from this system. Political or economic dysfunction aren’t a threat to its thesis, but reinforce it.
“We try to resist the temptation to sell (or trim, even) on the basis of valuation alone. We are unfazed when our businesses are quoted in the market at prices above what we would pay for them.”
Bitcoin’s valuation isn’t governed by traditional cash flows or multiples, but by rising global demand for finite monetary certainty versus infinite fiat debasement.
“The very best businesses tend to exceed expectations. What may seem like a high price today may be proven to be perfectly reasonable in hindsight.”
Bitcoin’s adoption has repeatedly outpaced expectations. Former “tops” appear trivial in hindsight.
“If your investment doubles 6.5 times, you will have $100 for every $1 you started with. When this happens, we refer to it as a ‘100-bagger.’”
Bitcoin remains one of the few assets globally capable of achieving this — not via management execution or business growth, but systemic monetary repricing.
“Even with the power of compounding firmly in mind, there may be times when we believe it is appropriate and necessary to sell [slowing growth, loss of competitive advantage, management].”
Bitcoin is uniquely absent most of these risks: no management, no competitive moat decay, no product obsolescence. The protocol operates independent of leadership.
“Never forget that people whose self-interest is diametrically opposed to your own are trying to persuade you to act every day.”
Mainstream media, Wall Street, and trading platforms monetize short-term activity. Bitcoin monetizes long-term discipline.
“Allowing our investments to compound uninterrupted is our North Star.”
The same applies to bitcoin. The art of (not) selling bitcoin is the art of understanding monetary transition — and having the patience to let it compound.](https://pbs.twimg.com/media/GtQDdl9XwAACEtd.jpg)
![BackslashBTC's tweet photo. "The Art of (Not) Selling Bitcoin"
Chris Cerrone’s framework (pictured below) for compounding value in equity investing (penned while a PM at Akre Capital Management) applies, perhaps even more profoundly, to bitcoin.
Some annotated reflections:
“Of our most costly mistakes over the years, almost all have been sell decisions. The mistake, in virtually every instance, has been selling too soon.”
Bitcoin rewards patience. The greater risk isn’t overpaying, but exiting early, forfeiting exposure to a once-in-a-species monetary repricing.
“Our investment philosophy involves concentrating our capital in a small number of what we believe to be growing and competitively advantaged businesses. These kinds of businesses are rare and are only periodically available for purchase at attractive valuations.”
Bitcoin may be the rarest asset of all time: a finite, self-governing monetary protocol emerging as a neutral global reserve asset. The window to accumulate is inherently limited.
“Holding on means resisting the temptations to sell — and there are many. We tune out politics and macroeconomics. To the surprise of many, neither valuation nor price targets play a role in our sell decisions.”
Bitcoin requires similar discipline. Headlines, policy shifts, and volatility are constant noise. None alter its fixed issuance or monetary clarity.
“We try hard to tune out concerns about politics and the economy…we are at our worst as investors when we allow concerns…to influence our investment decisions.”
Bitcoin was built precisely as an escape from this system. Political or economic dysfunction aren’t a threat to its thesis, but reinforce it.
“We try to resist the temptation to sell (or trim, even) on the basis of valuation alone. We are unfazed when our businesses are quoted in the market at prices above what we would pay for them.”
Bitcoin’s valuation isn’t governed by traditional cash flows or multiples, but by rising global demand for finite monetary certainty versus infinite fiat debasement.
“The very best businesses tend to exceed expectations. What may seem like a high price today may be proven to be perfectly reasonable in hindsight.”
Bitcoin’s adoption has repeatedly outpaced expectations. Former “tops” appear trivial in hindsight.
“If your investment doubles 6.5 times, you will have $100 for every $1 you started with. When this happens, we refer to it as a ‘100-bagger.’”
Bitcoin remains one of the few assets globally capable of achieving this — not via management execution or business growth, but systemic monetary repricing.
“Even with the power of compounding firmly in mind, there may be times when we believe it is appropriate and necessary to sell [slowing growth, loss of competitive advantage, management].”
Bitcoin is uniquely absent most of these risks: no management, no competitive moat decay, no product obsolescence. The protocol operates independent of leadership.
“Never forget that people whose self-interest is diametrically opposed to your own are trying to persuade you to act every day.”
Mainstream media, Wall Street, and trading platforms monetize short-term activity. Bitcoin monetizes long-term discipline.
“Allowing our investments to compound uninterrupted is our North Star.”
The same applies to bitcoin. The art of (not) selling bitcoin is the art of understanding monetary transition — and having the patience to let it compound.](https://pbs.twimg.com/media/GtQDdl8WoAAcePN.jpg)
![BackslashBTC's tweet photo. "The Art of (Not) Selling Bitcoin"
Chris Cerrone’s framework (pictured below) for compounding value in equity investing (penned while a PM at Akre Capital Management) applies, perhaps even more profoundly, to bitcoin.
Some annotated reflections:
“Of our most costly mistakes over the years, almost all have been sell decisions. The mistake, in virtually every instance, has been selling too soon.”
Bitcoin rewards patience. The greater risk isn’t overpaying, but exiting early, forfeiting exposure to a once-in-a-species monetary repricing.
“Our investment philosophy involves concentrating our capital in a small number of what we believe to be growing and competitively advantaged businesses. These kinds of businesses are rare and are only periodically available for purchase at attractive valuations.”
Bitcoin may be the rarest asset of all time: a finite, self-governing monetary protocol emerging as a neutral global reserve asset. The window to accumulate is inherently limited.
“Holding on means resisting the temptations to sell — and there are many. We tune out politics and macroeconomics. To the surprise of many, neither valuation nor price targets play a role in our sell decisions.”
Bitcoin requires similar discipline. Headlines, policy shifts, and volatility are constant noise. None alter its fixed issuance or monetary clarity.
“We try hard to tune out concerns about politics and the economy…we are at our worst as investors when we allow concerns…to influence our investment decisions.”
Bitcoin was built precisely as an escape from this system. Political or economic dysfunction aren’t a threat to its thesis, but reinforce it.
“We try to resist the temptation to sell (or trim, even) on the basis of valuation alone. We are unfazed when our businesses are quoted in the market at prices above what we would pay for them.”
Bitcoin’s valuation isn’t governed by traditional cash flows or multiples, but by rising global demand for finite monetary certainty versus infinite fiat debasement.
“The very best businesses tend to exceed expectations. What may seem like a high price today may be proven to be perfectly reasonable in hindsight.”
Bitcoin’s adoption has repeatedly outpaced expectations. Former “tops” appear trivial in hindsight.
“If your investment doubles 6.5 times, you will have $100 for every $1 you started with. When this happens, we refer to it as a ‘100-bagger.’”
Bitcoin remains one of the few assets globally capable of achieving this — not via management execution or business growth, but systemic monetary repricing.
“Even with the power of compounding firmly in mind, there may be times when we believe it is appropriate and necessary to sell [slowing growth, loss of competitive advantage, management].”
Bitcoin is uniquely absent most of these risks: no management, no competitive moat decay, no product obsolescence. The protocol operates independent of leadership.
“Never forget that people whose self-interest is diametrically opposed to your own are trying to persuade you to act every day.”
Mainstream media, Wall Street, and trading platforms monetize short-term activity. Bitcoin monetizes long-term discipline.
“Allowing our investments to compound uninterrupted is our North Star.”
The same applies to bitcoin. The art of (not) selling bitcoin is the art of understanding monetary transition — and having the patience to let it compound.](https://pbs.twimg.com/media/GtQDdl4XUAAE0gg.jpg)
Olivia
Online
mm
@cryptokl
moon mission
Canada
Joined June 2017
405 Following
134 Followers
1.4K Posts
The bull market is about to reach it's grand finale. It is the most fun part of the bull and it's also the time where you need to prepare for the next bear market by taking profits
I hope you all take profits and ignore the people who say this bull will last years. It won't.
BREAKING: Numerous US politicians appear to have bought war stocks before Israel attacked Iran.
US Congressman Rob Bresnahan bought $LMT, Lockheed Martin, a weapons manufacturer, on 05/15/2025.
Representative Jared Moskowitz bought $LMT on 04/07/2025..
Unusual.
"The Art of (Not) Selling Bitcoin"
Chris Cerrone’s framework (pictured below) for compounding value in equity investing (penned while a PM at Akre Capital Management) applies, perhaps even more profoundly, to bitcoin.
Some annotated reflections:
“Of our most costly mistakes over the years, almost all have been sell decisions. The mistake, in virtually every instance, has been selling too soon.”
Bitcoin rewards patience. The greater risk isn’t overpaying, but exiting early, forfeiting exposure to a once-in-a-species monetary repricing.
“Our investment philosophy involves concentrating our capital in a small number of what we believe to be growing and competitively advantaged businesses. These kinds of businesses are rare and are only periodically available for purchase at attractive valuations.”
Bitcoin may be the rarest asset of all time: a finite, self-governing monetary protocol emerging as a neutral global reserve asset. The window to accumulate is inherently limited.
“Holding on means resisting the temptations to sell — and there are many. We tune out politics and macroeconomics. To the surprise of many, neither valuation nor price targets play a role in our sell decisions.”
Bitcoin requires similar discipline. Headlines, policy shifts, and volatility are constant noise. None alter its fixed issuance or monetary clarity.
“We try hard to tune out concerns about politics and the economy…we are at our worst as investors when we allow concerns…to influence our investment decisions.”
Bitcoin was built precisely as an escape from this system. Political or economic dysfunction aren’t a threat to its thesis, but reinforce it.
“We try to resist the temptation to sell (or trim, even) on the basis of valuation alone. We are unfazed when our businesses are quoted in the market at prices above what we would pay for them.”
Bitcoin’s valuation isn’t governed by traditional cash flows or multiples, but by rising global demand for finite monetary certainty versus infinite fiat debasement.
“The very best businesses tend to exceed expectations. What may seem like a high price today may be proven to be perfectly reasonable in hindsight.”
Bitcoin’s adoption has repeatedly outpaced expectations. Former “tops” appear trivial in hindsight.
“If your investment doubles 6.5 times, you will have $100 for every $1 you started with. When this happens, we refer to it as a ‘100-bagger.’”
Bitcoin remains one of the few assets globally capable of achieving this — not via management execution or business growth, but systemic monetary repricing.
“Even with the power of compounding firmly in mind, there may be times when we believe it is appropriate and necessary to sell [slowing growth, loss of competitive advantage, management].”
Bitcoin is uniquely absent most of these risks: no management, no competitive moat decay, no product obsolescence. The protocol operates independent of leadership.
“Never forget that people whose self-interest is diametrically opposed to your own are trying to persuade you to act every day.”
Mainstream media, Wall Street, and trading platforms monetize short-term activity. Bitcoin monetizes long-term discipline.
“Allowing our investments to compound uninterrupted is our North Star.”
The same applies to bitcoin. The art of (not) selling bitcoin is the art of understanding monetary transition — and having the patience to let it compound.
![BackslashBTC's tweet photo. "The Art of (Not) Selling Bitcoin"
Chris Cerrone’s framework (pictured below) for compounding value in equity investing (penned while a PM at Akre Capital Management) applies, perhaps even more profoundly, to bitcoin.
Some annotated reflections:
“Of our most costly mistakes over the years, almost all have been sell decisions. The mistake, in virtually every instance, has been selling too soon.”
Bitcoin rewards patience. The greater risk isn’t overpaying, but exiting early, forfeiting exposure to a once-in-a-species monetary repricing.
“Our investment philosophy involves concentrating our capital in a small number of what we believe to be growing and competitively advantaged businesses. These kinds of businesses are rare and are only periodically available for purchase at attractive valuations.”
Bitcoin may be the rarest asset of all time: a finite, self-governing monetary protocol emerging as a neutral global reserve asset. The window to accumulate is inherently limited.
“Holding on means resisting the temptations to sell — and there are many. We tune out politics and macroeconomics. To the surprise of many, neither valuation nor price targets play a role in our sell decisions.”
Bitcoin requires similar discipline. Headlines, policy shifts, and volatility are constant noise. None alter its fixed issuance or monetary clarity.
“We try hard to tune out concerns about politics and the economy…we are at our worst as investors when we allow concerns…to influence our investment decisions.”
Bitcoin was built precisely as an escape from this system. Political or economic dysfunction aren’t a threat to its thesis, but reinforce it.
“We try to resist the temptation to sell (or trim, even) on the basis of valuation alone. We are unfazed when our businesses are quoted in the market at prices above what we would pay for them.”
Bitcoin’s valuation isn’t governed by traditional cash flows or multiples, but by rising global demand for finite monetary certainty versus infinite fiat debasement.
“The very best businesses tend to exceed expectations. What may seem like a high price today may be proven to be perfectly reasonable in hindsight.”
Bitcoin’s adoption has repeatedly outpaced expectations. Former “tops” appear trivial in hindsight.
“If your investment doubles 6.5 times, you will have $100 for every $1 you started with. When this happens, we refer to it as a ‘100-bagger.’”
Bitcoin remains one of the few assets globally capable of achieving this — not via management execution or business growth, but systemic monetary repricing.
“Even with the power of compounding firmly in mind, there may be times when we believe it is appropriate and necessary to sell [slowing growth, loss of competitive advantage, management].”
Bitcoin is uniquely absent most of these risks: no management, no competitive moat decay, no product obsolescence. The protocol operates independent of leadership.
“Never forget that people whose self-interest is diametrically opposed to your own are trying to persuade you to act every day.”
Mainstream media, Wall Street, and trading platforms monetize short-term activity. Bitcoin monetizes long-term discipline.
“Allowing our investments to compound uninterrupted is our North Star.”
The same applies to bitcoin. The art of (not) selling bitcoin is the art of understanding monetary transition — and having the patience to let it compound.](https://pbs.twimg.com/media/GtQDdmAWMAAIm08.jpg)
I hate when people say Bitcoiners are “lucky”.
We’re not “lucky”.
We’re just statistical outliers.
We didn’t just “get in early.”
We opted out before anyone else could see the game was rigged.
We read Murray Rothbard at 2am.
We studied the Fed like it was a serial killer.
We became self-taught coders, macro analysts, and sovereign individuals… by necessity.
Malcolm Gladwell said it takes 10,000 hours to master a field.
We didn’t choose one.
We mastered all of them a monetary history, behavioral finance, cryptography, energy markets, game theory, central banking…
…because survival demanded it.
This isn’t luck.
This is the statistical residue of conscious dissent.
Bitcoin rewards outliers.
And outliers, in time, rewrite the rules of history.
The reason life has gotten so much more expensive in recent years isn't because of greedy corporations, landlords, or boomer homeowners.
The root cause is government money printing. Everything else is blamed to distract you from this fact.
"You can ignore reality, but you can't ignore the consequences of ignoring reality" - Ayn Rand
In other words, you can disregard and be ignorant of monetary policy, central banks, inflation, our pseudo Keynesian economic monetary policy and so much more…..
But if you don’t do the work, you don’t study money, and you don’t make the right economic decision, there will be significant consequences.
Thanks for the continual quote dropping @Breedlove22. Grabbed this from the @WhatisMoneyShow earlier and been thinking about it all day.
The only reason you could possibly have for not thinking bitcoin is the most important invention in the world is that you're brainwashed by fiat inflation propaganda to not understand the devastating impact of inflation, the world's biggest problem.
END THE FED 👏
Lots of people bought alts instead of Bitcoin because they assumed they'd easily outperform.
Instead they missed the most obvious opportunity of their lives.
Let that be a lesson to those who assume they can sell the Bitcoin top and casually re-buy 80% lower.
Steak n’ Shake is now accepting bitcoin. The first documented payment from a non-custodial @ZeusLN wallet.
You cannot make this up
Jim Cramer's 1987 Black Monday prediction was the EXACT MARKET BOTTOM
Nasdaq is up 24% since
He is the single greatest indicator known to mankind
JUST IN: Coinbase releases new #Bitcoin commercial showcasing how much fiat is being printed out of thin air 👀
♾/ 21 million
14 years ago last Saturday, Satoshi Nakamoto disappeared forever.
"You just got lucky." #Bitcoin
ETFs made hedge funds irrelevant.
Stablecoins made payment apps irrelevant.
Tokenization made the old capital markets stack irrelevant.
Each old technology died 10 years before people noticed it.
BTC voters are a new political force in 🇨🇦
BoC estimates ~4 million Canadians hold Bitcoin
91% vote, 90% back pro-Bitcoin policies & 39% remain undecided.
They are a young, tech-savvy & motivated swing bloc.
1 week for a party to champion Bitcoin & capture their support.
80% of all dollars were created in the last 5 years.
Have a good night.
#Bitcoin
"Your job throughout your entire life, is to disappoint as many people as it takes to avoid disappointing yourself." - Glennon Doyle
If you called it “the greatest economy in the world”…
While we were printing $2 trillion a year just to keep the system breathing…
I can’t take you seriously.
That’s not strength. That’s a bailout for the whole planet, disguised as growth.
A fake economy built on debt, dilution, and denial.
You don’t fix broken systems by pretending they worked.
You fix them by admitting the lie, and choosing something better.
#Bitcoin exists because this whole thing was never real to begin with.
Last Seen Users on Sotwe
🌺🌺แม่ไก่ หีกระมัง 🌺🌺 
Seen from Thailand
ROLEX(shemale)
Seen from United Kingdom
Arm🌸
Seen from Thailand
Anomino
Seen from United States
DRANDO ( DRAMA IND0 )
Seen from Indonesia
pasif maltepe
Seen from Turkey
British porn
Seen from Turkey
OldMomGranny
Seen from Turkey
Mbak Penjual Kopi
Seen from Indonesia
emayjaz
Seen from Mexico
Trends for you
Most Popular Users
Elon Musk
@elonmusk
241.3M followers
Barack Obama
@barackobama
119.1M followers
Cristiano Ronaldo
@cristiano
113M followers
Donald J. Trump
@realdonaldtrump
111.8M followers
Narendra Modi
@narendramodi
107.1M followers
Rihanna
@rihanna
98.3M followers
NASA
@nasa
92.3M followers
Justin Bieber
@justinbieber
91.5M followers
KATY PERRY
@katyperry
89.1M followers
Taylor Swift
@taylorswift13
83M followers
Lady Gaga
@ladygaga
74.5M followers
Virat Kohli
@imvkohli
72M followers
Kim Kardashian
@kimkardashian
70.5M followers
YouTube
@youtube
68.8M followers
Neymar Jr
@neymarjr
65M followers
Bill Gates
@billgates
64.7M followers
The Ellen Show
@theellenshow
62.4M followers
Selena Gomez
@selenagomez
62.2M followers
CNN
@cnn
61.8M followers
X
@x
60.8M followers