Listen "Why Volatility Is A Lame Excuse For No Bitcoin"
Episode Synopsis
This Live session took place on X (Twitter) on May 10, 2024.In the video, Oliver shares his extensive experience in promoting Bitcoin and financial freedom, highlighting his success in "orange-pilling" over 9,000 people through his global talks. He addresses common concerns about Bitcoin's volatility, explaining the difference between upside and downside volatility and emphasizing that Bitcoin's volatility is predominantly positive.Oliver introduces the Sortino ratio, a key financial metric that measures risk-adjusted returns, and explains its significance in evaluating Bitcoin's performance.He shares insights from his 37-year trading career, comparing Bitcoin to traditional assets and demonstrating its superior returns. Oliver also discusses his personal strategy of trading high-volatility stocks to accumulate Bitcoin, underscoring the importance of steady accumulation. He concludes by reflecting on Bitcoin's potential to provide financial independence and a lasting legacy, advocating for the conversion of fiat earnings into Bitcoin for long-term security.
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