'Buy Bitcoin, plant a tree, lower your time preference': a Sequoia story
Cointelegraph
Published Jun 16, 2022 04:00AM ET
Updated Jun 16, 2022 05:40AM ET
When the market falls faster than a tree in the forest, the phrases “zoom out,” and “lower your time preference,” take root.
“Zoom out” refers to taking a break from the omnipresent price charts that populate news feeds and Twitter (NYSE:TWTR) threads. Consider looking at the price of Bitcoin (BTC) over the past five years–as opposed to over the past 6,12 or 18 months.
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Written By: Cointelegraph
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