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 …