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The age of Bitcoin is upon us. Those who believe in the business intelligence of Michael Saylor should check his interviews. Large investors need to understand the content of investing in a completely different manner than small investors.
Warren Buffett once said that if he had 1 million of capital to invest, he would guarantee a return of 40% per annum. It would be exciting to understand the different valuation methods for valuing investment.
However, how do average investors or newbies understand the Market price? Doing technical analysis can be quite different. This is why most newbies and traders neglect day trading their coins and stick to holding, which is very dangerous when the market goes bearish.
About 90% of investors do not lose money, but 90% of “traders” lose money. Why is it because they trade without any guidance from an expert?
About 15% of reserve managers have to state that they expect Bitcoin to replace the precious metal in their foreign currency, according to an annual UBS survey of 30 leading central banks.
Dan Held states: There will come a day when more people own Bitcoin than stocks. In 10 years, it won’t matter if you bought Bitcoin at $30,000 or $60,000. The most important thing is what you bought. Everything requires energy. Standard of living/productivity is closely tied with energy consumption. We need to use more energy to improve the human condition.
“Even when BTC was $6,000, people were skeptical. But now they say they wish to buy it for $6,000.”
Those who are looking to invest in Bitcoin are finding it very difficult to find a highly-informed analysis of Bitcoin’s future. It seems like it is next to impossible to get one. This is a hard concept for the human brain to get around truly. Conviction seems easy, but nothing is a guarantee.
Some investors have a vision. Buying is easy. Holding patiently is the hard part. Yet, no matter how much bitcoin you have today, someday you’ll wish you had bought more.
The goal is to acquire as much as possible. The average Joe can get a lot more sats at 30k than they can at 60k.
For now, the assumption for Bitcoin is that it will break $60,000 and keep going up forever and that no other cryptocurrency will supplant it. Unfortunately, those are some massive assumptions that are far from foregone conclusions.
