pierre on Nostr: These articles miss the mark. Same for the articles on El Salvador, they all refer to ...

These articles miss the mark. Same for the articles on El Salvador, they all refer to Bitcoin as a “Bet”. “Their bet paid off”.

Yes, it’s a bet if you only invest in Bitcoin for 2 months and try to time the market. Or if you are a day trader.

But if you HODL there’s nothing remotely close to a “bet” in holding Bitcoin.

That’s why I find the 200WMA chart so powerful. Everyone that held Bitcoin for 4 years or more is in the green. Not much of a gamble if you zoom out to remove the noise …