tgoop.com/r_Bitcoin/62410
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My friend says I'm dumb for investing in Bitcoin. What should I do?
I’ve been dollar-cost averaging into Bitcoin since September 2024, putting in a small amount every week. Nothing crazy, just a slow and steady strategy I plan to hold long-term. I also read Thank God for Bitcoin, and honestly, it really clicked for me — I’ve been hooked ever since and kind of wish I’d gotten into it sooner.
Anyway, I was chatting with a close friend who works in finance, and he basically told me I was stupid for investing in BTC. He said it’s “too volatile” and that I don’t know what I’m doing. Even when I tried to show him the year-over-year returns and explain that I’m not gambling — just adopting a long-term HODL mindset — he brushed it off like I was wasting my money.
It kind of got to me. I know Bitcoin isn’t for everyone, and maybe one day he’ll regret not getting in earlier, but I really thought I was taking a pretty reasonable approach.
How do you handle it when people dismiss your financial decisions — especially when you’ve actually put time and thought into them? Am I missing something here, or is this just a “different strokes for different folks” situation?
Appreciate any advice, perspective, or solidarity.
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