Bitcoin News

Story: Buy Insurance and Bitcoin (BTC) Before You Need It That Is the Trick All About

By Steven Anderson

1 / 10

Twitter handle Bitcoin pointed to: In less than a year, prices seem to be moving: Gas (average per gallon): $1.77 v $3.00; Lumber (1000 board ft): $332.

2 / 10

Observation is the rule.  Those who intend to invest should observe.  As opposed to following group opinion, it is good to DYOR – Do Your Own Research.

3 / 10

Stanley Druckenmiller stated, “I do own some of it.”

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Paul Tudor Jones stated, “Just over 1% of my assets in Bitcoin.”

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When many of them are like, “Sell all the BTC and don’t look back.” Those who are intelligent are gearing to hoard BTC.

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They must be onto something.  “3 Billionaires (not Lower-income wagers/Middle-income wagers) into Bitcoin. It is not the "everyday person.

7 / 10

Billionaires in the game also mean that they will get the massive institutions they lead into BTC.

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It is very obvious that, “Everyone who has some money and investment culture has "some" Bitcoin.”

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It is also true that, Bitcoin collapsed ~50% since its 65K peak during the last three weeks. Many are feeling that the trick is clearly over. However, it is important to know:

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The trick is to buy insurance before you need it, and the same goes with BTC. And, all one should be careful about is to ensure the keys are not stolen.

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