source avatarAdam Livingston

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The 7 stages of watching Bitcoin go to $100K without you: Stage 1: “It’s rat poison” (Warren Buffett, sitting on $170B in cash earning nothing) Stage 2: “It has no intrinsic value” (unlike the cotton paper in your wallet backed by vibes and aircraft carriers) Stage 3: “I’ll wait for a pullback” (the pullback comes, you don’t buy, you tell no one) Stage 4: Googling “is it too late to buy Bitcoin” for the 11th time since 2013 Stage 5: “My brother in law said-” (your brother in law drives a 2019 Ford Focus and has opinions) Stage 6: Watching your savings account return 4.1% while Bitcoin does 4.1% on a Tuesday morning before breakfast Stage 7: Buying Bitcoin. Finally. Telling everyone you “saw it coming.” We know. We all know. Buy it anyway.

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