🔱 Another common counterargument to #Bitcoin🔱

Diversification: From an investment perspective, some argue that diversification across different cryptocurrencies might mitigate risks associated with any single asset, including Bitcoin.

History has proven that the market moves with bitcoin, or rather bitcoin simply follows a few days or weeks later.

However, much more important is that everything else (even Ethereum) is in a downtrend against Bitcoin.... if the timeframe is long enough to be reliable.

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Arguably the biggest “gotcha” for newbies. As many times as you remind them, they ultimately need a cycle or two to get it.

indeed.. but even for me it is still surprising that it is that simple. I'm studying bitcoin for several years now and I still think it can't be but given the properties of bitcoin it has to be and it is 😉

It is!