Ww Rd

[Ww Rd @wwrdbruh]

@JGreenCrypto ...or investing in world index funds is the illusion of security through misunderstanding or the absence of volatility. The truth is mathematically and historically demonstrable.

[Ww Rd @wwrdbruh]

@JGreenCrypto ...the feeling of loss is 1.5 to 6 times more intense than the feeling of joy in gains. Knowing about this inherent asymmetric feeling enables a more objective view of how risk reward should feel. Objectively bad ideas for wealth building like paying off your mortgage...

[Ww Rd @wwrdbruh]

@johhnyWalkerAZ love getting the chance to add here

[Ww Rd @wwrdbruh]

@Danielson0199 ...and the rest of the time when market conditions are better its a huge difference over 20 years of compounding. The last 20 years, 20k in a cash isa turns into 30k. The same initial investment in the SPY turns into 169k....139k difference. The risk is cash.

[Ww Rd @wwrdbruh]

@Danielson0199 The risk of getting significantly lower returns by holding cash in an ISA is vs the e.g. SPY is 100% on a 20 year time frame...100%. The way you perceive risk is incorrect and you guaranteeing underperformance. What could be more of a risk than that?

[Ww Rd @wwrdbruh]

@Danielson0199 If you picked the worst performing period of the SPY (1929-1949) which included the great depression and WW2, you would still outperform cash at relative interest rates of the time.

[Ww Rd @wwrdbruh]

@banthebbc @DanNeidle Gary is a tool and there are many videos of him getting owned but this just isn't one. Dan is mainly just arguing from authority, and not very effectively. Gary actually quotes 'the report' and concedes the only reasonable argument dan brings (it will dissuade foreign investment)

[Ww Rd @wwrdbruh]

@Kaizen_Investor MARK of it what you will...you could say!

[Ww Rd @wwrdbruh]

@BitcoinAIGuy @notthreadguy Literally feels like he copied my homework

[Ww Rd @wwrdbruh]

@valerijatrades1 @X I have no idea which one is the bot 😂

[Ww Rd @wwrdbruh]

@JGreenCrypto The truth is it really depends on circumstances both personally and macro

[Ww Rd @wwrdbruh]

@freedomisntfree @JGreenCrypto Given the initial intrinsic value comment this will blow your mind...go to your favourite LLM and ask "how many FIAT currencies have gone to zero". What you will find is they almost all do, and even the ones that have survived, like the £ and $, have lost 98% of their value!

[Ww Rd @wwrdbruh]

@freedomisntfree @JGreenCrypto There will only ever be a maximum of 21 million BTC. This makes it inherently deflationary and that by a modern definition creates intrinsic value. So yeah, whether you buy it or not is one thing but in comparison to FIAT there is an argument for having more worth.

[Ww Rd @wwrdbruh]

@freedomisntfree @JGreenCrypto ..money only works because we believe in it, and we allow some shadowy cabal of people to create it out of thin air, then lend it to our governments with interest added on. BTC has a fixed supply, it can never be devalued through inflation and that has legitimate worth.

[Ww Rd @wwrdbruh]

@freedomisntfree @JGreenCrypto Assume you also throw away all the traditional money you acquire immediately for the same reason?

[Ww Rd @wwrdbruh]

@fremmseven Will you boring cunts give this a rest yet lol