We are moving from the printing money standard to the Bitcoin standard. Many of them are like buy HODL, and they are not about trading particularly with BTC. All the HODLers know that a dip is coming and they are not scared, because they are sure that the price of BTC is going to skyrocket.
Long term investors know the rule: “Fear leads to panic, panic leads to weak hands, and weak hands lead to empty hands.”
Bitcoin is not only for billionaires. Micro accumulation is becoming a trend. Retailors believe that with micro accumulation it is possible to take the power away from the whales. It is about stacking up on Satoshi at a time.
Empty hands = cash = can buy stuff. And, those who believe in this should think of inflation. It is important to remember that nature weeds the weak.
For those who do not like holding, there is an opportunity to gain more profit by buying it for the least taking care of the technical analysis of the price and then selling it at highs.
The key to life is knowing when to be a lion and when to be a sheep. Neither diamond hands nor swing trading is always right. Knowing when to do one or the other is the difference between wealth and poverty.
So, whether by choice, need, or chance it is becoming important to be in the crypto billionaires list.
For those who are wondering what to do with all the billions? There is a need in this world for zillion, gazillion, jillion, bajillion, and squillion.
Twitter Handle David Marcus expressed, boasting about how much money you made in 2020? How great of an investor you are? Is beyond tone deaf and gross at a time when everyone is hurting financially. Just think about all your local small business owners for just a second and check yourself in the mirror.
True, “Work’s been a little hard lately.” Things are really bad out there for so many people. Local small businesses are operating with severe limitations. It is time we help local small businesses to thrive by buying from them. The need for money never ends. So, it becomes important to be a part of the investment cycle.
However, when all of this gets better it is going to be competition and the need for money and value is never going to end. So, investment becomes very important.
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