The cheaper Bitcoin gets, the wealthier we get. Talk about a
win win situation #btc
Discussion
In case you have “Buffett” mind, indeed yes. We’re in for the long term , right?
Of course we are here for the long term. I’ll never sell my Bitcoin. Bitcoin is a win in the short and long term. The price we see now isn’t a true reflection of the value of Bitcoin. Bitcoin is also freedom technology, so it’s not just about wealth, it’s about freedom.
I buy every month a few 0.00x Bitcoin. I did raise it a little this month. My wife invited me to it. She’s not techy, nor has a Bitcoin wallet, but she listens to some shows that clearly say Bitcoin is the new Gold, they are comparable, and with gold too, you never lose on the long term. I dislike intraday trading and all the perversions stocks introduced like short trading. That should be illegal as far as I am concerned.
I think Bitcoin is much more powerful than gold. There’s a lot of risk in storing and transporting gold. It’s also not that divisible. Bitcoin is also more scarce than gold. I think it would be a good idea to hold some gold but Bitcoin is by far the most superior form of value that exist. Bitcoin allows us to create many more applications that gold wouldn’t.