I’ve been a Bitcoiner or whatever they call themselves for about 7 years, maybe longer.
I’ve seen the ups and downs, followed it through them all. I heard everyone scream Hodl for all of them.
Here is the future of Bitcoin. It’s long term. Take that for what it is. The short term ups and downs get you to take your eyes off the real prize. Money outside the government. That really is it, property no one can take from you. Property you can send across the world with a few clicks of a button.
So that is the long game.
Short term, I’ve seen the media come and go from Bitcoin 4 times. First they catch on as it’s going up. That hype lasts a few weeks as the price Increases. Then it plateaus and slowly goes down. Then the media turns on Bitcoin. People sell it goes down more. Then it stays down for 2 years until the people forget. Then suddenly it goes up exponentially for 2 months as the media begins catching on again, then everyone starts talking about it, and it peaks.
2- 3 year cycles. That’s it. So buy always. Buy and hold. It’s that simple.
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