My "I told you so!" moment - just found some old comments with people promoting giving your keys away

This is from the era before Celsius was proven to be a scam.

I'm proud of how accurate my prediction was...

Except for the timing - I foresaw it going bust in 2 years, but it went down in the next few months.

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https://preview.redd.it/5llsig0hqm2b1.png?width=791&format=png&auto=webp&v=enabled&s=56e6af593f558bd52a96c2a2bab6f956d173c135

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My point?

A new era of CEXs and lending platforms will come.

People will promise you "yield" if you "stake" your Bitcoin.

If you're here during the bear market, remember the core principles of self-custody and why you bought in the first place.

A 5% yield is not sufficient to take a 100% downside risk. No yield is sufficient to risk a deflationary asset for.

Happy HODLing!



Submitted May 28, 2023 at 08:13PM by BusinessBreakfast3 https://ift.tt/4eUoXvR

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