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"Back of the Envelope" valuation?
I'm keen to hear from anyone about how they value assets. Specifically valuing them quickly. For instance, if you've ever invested in the stock market you might take a quick look at P/E ratios. Or buying a house you might have a quick look at what other similar properties are priced at in the local area. How much of a mindset shift was it for you to realise that this approach couldn't be replicated as quickly and easily for Bitcoin? How do you actually think of the "value" of Bitcoin?
Jan '25 • 
💬 Discussion
my healthy mindset regarding bitcoin price swings
when first got into bitcoin, i would be pissed if the price went down because my net worth would go down... and i'd be pissed if the price went up because i didn't buy enough when it was lower 😂 but now... when BTC goes down, i buy it on sale and i win. when BTC goes up, my net worth goes up and i win. either way, i win. :)
my healthy mindset regarding bitcoin price swings
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Jun '25 • 
💬 Discussion
Listening to The Big Print by Lawrence Lepard on Audible
Hello Bitcoiners I’m probably preaching to the choir here but I’m listening to The Big Print by Lawrence Lepard on Audible and so far it has been fascinating. The book goes into monetary history and why inflation is through the roof and is written in a way that is easy to understand. Most importantly the book details the case for using Bitcoin, why it’s a hedge against inflation and the future of money. This book is well worth a read/listen and I thought it might interest some members of this group. Cheers. Sam
Listening to The Big Print by Lawrence Lepard on Audible
My reason for owning Bitcoin has never depended on a particular price.
I own Bitcoin because I believe saving should actually mean saving. 💰 If I work today and choose not to consume what I earned, I should be able to preserve that value for tomorrow — without someone else having the ability to create more units of the money I saved and dilute my share. 📉 Bitcoin gives me something I can truly own. 🔑 ✅ I can hold it myself. ✅ I can take it anywhere in the world. 🌍 ✅ I can send it to anyone without needing permission. ✅ And no government, bank, company, or individual gets to decide to create another 21 million Bitcoin. But ownership is only half of it. The other half is the freedom to build. 🛠️ I can program my finances directly — with AI as my co-pilot 🤖 — and create complex financial structures without begging the banking system to allow me. No applications. No gatekeepers. No waiting for permission that may never come. If I can imagine a way to move, save, or structure my value, I can build it myself. ⚡ That matters more to me than what Bitcoin trades for next year. 📅 I also think about my family. 👨‍👩‍👧‍👦 I want to preserve the product of my work and pass it forward in a form that doesn't depend entirely on the promises of an institution or government staying intact for generations. So if Bitcoin's price disappointed me for the next five years, would my reason for owning it change? No. 🚫 I wouldn't enjoy watching the price go nowhere. But if Bitcoin kept producing blocks ⛏️, stayed decentralized, held its monetary rules, and let me hold, transfer, and program value without permission — then the reason I bought it would still be there. 📊 Price is what the market says Bitcoin is worth today. 🔒 The properties of Bitcoin are why I own it. Daivnci
My reason for owning Bitcoin has never depended on a particular price.
Feb '25 • 
💬 Discussion
This is a bitcoin community.
We don't do crypto. We do BTC. We don't trade (buy & sell) BTC. We buy and HODL. We don't try to time the market. When prices drop, we buy. When prices are at an ATH, we buy. We also don't keep our coins on exchanges. We store our BTC in cold storage.
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