Few understand how hard it is to actually survive many years in crypto.
“You could’ve just DCA’d BTC and chilled” completely discounts how many ways you could still end up zero’d out in this crazy industry.
Even if you only DCA'd Bitcoin over time…
- You kept it on Mt. Gox, FTX, Voyager, Celsius.
- You self-custodied but lost your seed or got hacked.
- You lent it for “safe” yield on Gemini or BlockFi
- You took profits, then coins went down bad, and got obliterated by taxes.
- You tried leverage perps “just once.”
And this doesn't even address the mental / psychological toll of it all.
And that's the crazy part about crypto. As an early 2017 participant, I know that you could have ostensibly done everything "right", and still not have had longevity.
what cobie said today hit hard.
“nearly everyone else I know from 2013 lost everything, or sold in 2017 and never came back.”
i’m from the class of 2016 and its the same story.
we were a small group chasing this thing. school friends, work colleagues… one by one, they left. i’m the only one still here.
crazy to think how it all turned out.