We should not let temporary losses of Bitcoin make us distracted from HODL! Bitcoin is working long term. We should approach Bitcoin long term.
Bitcoin is limited to 21M Bitcoin and it is unique because no one can just dig a hole and find random Bitcoins.
Elon Musk can travel to Mars, find Gold on Mars, it would be a huge failure for Gold. For sure, Elon Musk will not find Bitcoin when he travels to Mars!
For Bitcoin to show its promise, it takes time, because Bitcoin is more scarce as Gold. Only 21 million people can own a single Bitcoin.
Even today, Gold has 10x market capitalization of Bitcoin.
FIAT money will always have inflation because it is always being reprinted:
Imagine what will be in 100 years, FIAT money has inflation of 2 to 10% per year and Bitcoin has a limit of 21 million coins.
Do not sell!
Because we are in long term!
You should only have values in Bitcoin anyway where you don't need to sell. If you are forced to sell Bitcoin, you have miscalculated.
In addition, our current crisis is a one-time crisis in which people also have miscalculated. Who is surprised it was not a good idea to become so extremely dependent on Putin‘s Russia? Experts have warned about Russians, but politicians turned a blind eye. Positive side effect for us: if lessons are eventually learned from it, by removing all Putin friends from positions of responsibility and building our energy supply diversified, independent and robust, it was our last crisis of energy.
The low Bitcoin prices should be exploited.
Who sells Bitcoin now, has not understood Bitcoin!
People who do not sell Bitcoin now and get your position properly will reap nice rewards for deciding to HODL!
WAGMI.
Many have yet to learn.
Many must learn to make positions long term. No long term strategy, no success.
Weh ave seen a recent price collapse by Terra Luna and Celsius, it is such a problem.
It was unjustified panic selling and no reason for it!
Altcoins like Terra Luna and Celsius are independent of Bitcoin.
When some weak hands sold off, only came about due to an irrational panic and anyone who participates in such panic loses money.
ngmi.
Most sell-offs are not rational and are instead driven by irrational decisions and panic.
By education, one must stay away from such irrational decisions and panic.
Bitcoin losing 10,000 Dollar was clearly not a rational decision.
Bitcoin did NOT have technical problems!
To be successful, we have to understand: Bitcoin is independent of Altcoins and you have to understand HODL.
To be successful, we have to understand: Bitcoin is a good store of value.
HODL!
ALTCOIN LIESTo avoid falling for Altcoin lies, people need Bitcoin education. People who don’t understand Bitcoin will fall for Altcoin lies because of pro Altcoin FUD.
What are Altcoin lies?
Altcoin lies are fabricated by Altcoins to get more credibility to Altcoins and to bash Bitcoin.
We need to bring more awareness of what is relevant news what justifies selling Bitcoin and what does not justify selling Bitcoin.
A failure like Terra Luna crash is clearly not a justification to sell Bitcoin.
Anyone selling Bitcoin because of Terra Luna‘s crash has not understood Bitcoin.
Bitcoin education against Altcoin liesA lack of Bitcoin education is to blame if failed Altcoins put an irrational burden on Bitcoin.
A lack of Bitcoin education is to blame when Altcoin lies are spreaded.
A 10k price drop is definitely irrational.
From here on, more Bitcoin education is important to prevent such irrational decisions so to prevent a price collapse.
One should not be blinded by smoke bombs from Terra Luna supporters.
Bitcoin’s price drop was irrational. A lot of Bitcoin was sold what should not have been sold if a rational approach was taken.
Blame it on Terra Luna supporters' smoke bombs which dragged Bitcoin down.
In many cases, inexperienced HODLers fell for it. Reason for it: lack of Bitcoin education.
People should be aware when a similar situation happens: Bitcoin was not responsible for what happened.
No need to sell Bitcoin.
People need to learn to be wise and not sell Bitcoin when various Altcoins have technical problems.
People should not be blinded by smoke bombs and don’t sell in panic.
Much more is likely to happen because we have many shady Altcoins!
Being successful means understanding: Bitcoin is independent of Altcoins and you have to understand HODL because BTC is limited to 21M coins, Bitcoin's supply cannot be inflated.
People need to research about Bitcoin, halving mechanism and technical independence from Altcoins.
By doing so, we can avoid irrational decisions.
It is Bitcoin education.
It is never advisable to sell because of irrational exaggerated FUD and shows how early we are still.
Understanding Bitcoin means understanding HODL.
Bitcoin will rise to unimaginable prices.
Bitcoin has risen in recent years to unimaginable prices.
It will happen again.
„Bitcoin is not profitable“ is also an Altcoin lie. It is a lie because it’s saying it is no longer profitable to get into Bitcoin and instead buy Altcoins promising higher profit margins.
It is an Altcoin lie ignoring Bitcoin’s fundamentals. Many Altcoins are already overvalued today.
Bitcoin is superior to all Altcoins as a store of value. Anyone who doesn't understand it, has fallen for Altcoin lies.
Don’t fall for Altcoin lies, HODL Bitcoin!
wagmi
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