C-punks on the pad

[Karl]

> if you were given incredible amounts of money to do something you think
> unwise,
> what is crucial is to remember you _don't have that money_.  That
> money is a _loan_ from the _people you are hurting_, and you need to
> _keep it unspent_ so that you still _have_ it to help them (and
> yourself! these bosses are thugs!) out, _later_.
>
> you also need to _sell_ it when the price rises significantly, because
> this is usually followed by an extensive depression, during which you
> can buy again to make a trainload of profit ;-P

to clarify here, bitcoin rises by 200-1000% every few years, and if
you're new to investing when that happens you might get excited and
hold longer.  the rise of course ends in a crash, so once you're all
'omigod i had no idea i could ever have this much money' you want to
sell and _save_ what you sold, _not_ spend it on anything, and then
buy again once the price stabilizes, to make sure you profit from it.
you can look at bitcoin history to see it usually settles around even
multiples of powers of ten after sharp bubbles that crash through
those ceilings which kinda predict future prices months and years
later.