Since its inception, Bitcoin has seen its price rise from a few cents to nearly $60k as of this writing. This phenomenal increase in the price of Bitcoin in just twelve years might lead you to believe that the best is behind us. The reality is quite different.
Bitcoin is not like a stock in a company that is listed on the stock market.
Bitcoin is a monetary revolution that will change the lives of hundreds of millions of people in the future. The digital currency invented by Satoshi Nakamoto has far greater reach than any of the GAFAM for example.
Bitcoin is all about power
At most 1% of the world’s population currently owns Bitcoin. Of that 100 million people, half (at best) really understand the liberating potential of Bitcoin. Many still think of Bitcoin as just another financial investment.
In reality, Bitcoin is about power, not money.
As more and more people realize this in the coming years, the demand for Bitcoin will explode. Everyone will want to own Bitcoin. On the other hand, the supply will remain frozen at 21 million units. This is the strength of the Bitcoin system, which has a programmatic monetary policy that highlights the virtues of quantitative hardening.
With demand increasing exponentially and supply hard-capped, the price of Bitcoin can only increase phenomenally in the future if we stick to the principles that govern the law of supply and demand.
Your best bet is to accumulate as much BTC as you can while you can. The “Stack Sats” movement that was born in the heart of summer 2019 is here to remind you of this essential truth.
Bitcoin is an accumulation game, and you must adapt to take full advantage of it
Bitcoin is indeed an accumulation game for years to come.
In this accumulation game that has been brewing for many months now, we can see two categories of people emerging: weak hands and strong hands. The weak hands are people who have a lot of questions. These people have a hard time accumulating Bitcoin.
During a bear market, weak hands are reluctant to take action by asking themselves this question:
“What if Bitcoin price keeps going down?”
During a bull market, the weak hands refuse to take action with a new question that paralyzes them:
“What if Bitcoin price has reached its top?”
Those who focus solely on the short-term price of Bitcoin cannot be among the winners
By always trying to buy the lowest and sell the highest, these weak hands are making mistakes. First, when they start buying Bitcoin, it is often after a trend reversal. Second, they sell it at the slightest drop in price for fear of losing money.
Read more: IN BITCOIN WE TRUST