People go wild for Black Friday deals… but when you have an opportunity to protect your future and DCA into Bitcoin during a dip, suddenly the world is ending. Consumerism is going to be the death of us.
People get absolutely feral over Black Friday deals. They’ll camp outside a Walmart at 3 AM to save $40 on a TV they don’t need, high-five each other over “steals,” and brag about how much money they “saved” while spending hundreds on pointless crap.
But the second Bitcoin dips and you have an actual opportunity to protect your future by DCA’ing at a discount? Suddenly it’s doom, gloom, and “the world is ending.”
It blows my mind. The same people who treat Black Friday like a national holiday will clutch their pearls the moment an asset they claim to believe in goes on sale.
Consumerism has people so hooked that they celebrate burning money on junk while panicking at the idea of investing in something that could actually help them long-term.
And look, I’m not saying don’t enjoy your life in the short term. Treat yourself. Have fun. But people, come on, you are falling straight into the trap of making these billionaires richer while doing nothing to secure your own future.
This is not financial advice. Consumerism is going to be the death of us.
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from Bitcoin - The Currency of the Internet https://ift.tt/u6wrYvJ
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