bitcoinist on Nostr: Many inquire about the risk of Bitcoin's value declining further due to GBTC selloff, ...
Many inquire about the risk of Bitcoin's value declining further due to GBTC selloff, Mt.Gox, etc. However, this perspective might be missing the bigger picture.
If you're well-versed in mathematics, scarcity, network effects, game theory, Austrian Economics, the history of money, and keep a close eye on macroeconomic trends and the political and monetary cycles in the US, you might start seeing things differently. The real question isn't about the possibility of Bitcoin's value dipping further, but rather about being prepared for its potential rapid rise.
A sharp increase in Bitcoin's price is the real concern. Such a surge will diminish your current opportunity to accumulate more Bitcoin, impacting your long-term wealth as measured in Bitcoin. This isn't the only risk; a significant price increase within this year might compel Bitcoin-related businesses to either drastically change their models or face closure.
It's crucial to adopt a bullish perspective. I've noticed many of you get excited when Bitcoin's price rises. In contrast, astute investors like BlackRock, who've acquired over $2 billion in Bitcoin in just a week, continue to invest steadily, regardless of immediate price movements.
We may not have all the answers yet, but the current dip presents a not-to-be-missed opportunity. With solid fundamentals and events like the upcoming halving and the start of quantitative easing (QE), now is the ideal time to reassess and increase your Bitcoin investment.
It has never been less risky to invest in #Bitcoin.
If you're well-versed in mathematics, scarcity, network effects, game theory, Austrian Economics, the history of money, and keep a close eye on macroeconomic trends and the political and monetary cycles in the US, you might start seeing things differently. The real question isn't about the possibility of Bitcoin's value dipping further, but rather about being prepared for its potential rapid rise.
A sharp increase in Bitcoin's price is the real concern. Such a surge will diminish your current opportunity to accumulate more Bitcoin, impacting your long-term wealth as measured in Bitcoin. This isn't the only risk; a significant price increase within this year might compel Bitcoin-related businesses to either drastically change their models or face closure.
It's crucial to adopt a bullish perspective. I've noticed many of you get excited when Bitcoin's price rises. In contrast, astute investors like BlackRock, who've acquired over $2 billion in Bitcoin in just a week, continue to invest steadily, regardless of immediate price movements.
We may not have all the answers yet, but the current dip presents a not-to-be-missed opportunity. With solid fundamentals and events like the upcoming halving and the start of quantitative easing (QE), now is the ideal time to reassess and increase your Bitcoin investment.
It has never been less risky to invest in #Bitcoin.