Lark Davis(@LarkDavis):TBH, we would have probably done the same. Selling at a 5x gain back in 2011 was rational. Holding through 80% drawdowns to life-changing wealth is psychological warfare. But the lesson here is diamond handing Bitcoin has been one of the best bets you could have made in the last 16 years or so. Is it still the best one in the next 10 years? Who knows? But betting against asymmetrical scarcity and debasement hasn't worked out well so far.

Lark Davis

@LarkDavis

Entrepreneur & Bitcoin investor. Founder of The Inner Circle, the best Discord community in crypto! Tweets not financial advice.

Joined April 2009

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Lark Davis@LarkDavis

2026.09.27 22:00

TBH, we would have probably done the same. Selling at a 5x gain back in 2011 was rational. Holding through 80% drawdowns to life-changing wealth is psychological warfare. But the lesson here is diamond handing Bitcoin has been one of the best bets you could have made in the last 16 years or so. Is it still the best one in the next 10 years? Who knows? But betting against asymmetrical scarcity and debasement hasn't worked out well so far.