1. Bitcoin total max supply is almost at 21milliion, why should I invest?
2. Bitcoin miners are not making more Bitcoin as they used to.
3. Bitcoin value is too high, I won't make enough gains investing in Bitcoin.
Before you nailed me to the wall for saying these, this aren't mine, they are shit talks I heard from people who believe that Bitcoin investment is too late,
what advice do you have for
them? Your contributions are welcome.
My advice in order:
1. Using a population of 8,000,000 - If everyone on Earth seeks to own 1 Bitcoin, only 1 of every 380.95
(8000000000 / 21000000) will be successful. Similarly, if everyone seeks to own 0.1 BTC (
(8000000000 / 21000000) / 0.1) , only 1 of every 38 will be successful in that goal. Why not be wealthier (in BTC) than 1 than in 37 people around the globe by owning 0.1 BTC?
2. That's a good thing? Miners getting less Bitcoin = less Bitcoin entering supply = increased scarcity.
3. The value is only subject to what fiat currencies are worth against Bitcoin. Most fiat currencies are increasing their supply rampantly, which makes Bitcoin are better alternative.
All I could tell such people is that, they should look at the bigger picture, we are still early than they think, how many people in the world are out of Bitcoin and Crypto? Not even 10% of the whole world population are in Crypto today, and the most effective reason for Bitcoin to keep growing is the adoption rate.
Like I keep telling people, with 0.1BTC in few more years you will be one of the Bitcoin OGs, all you need to do is HODL firmly.
Remember that some early Bitcoin adopters bought pizza with their Bitcoin, real scarcity rate and massive adoption is coming, don't stress yourself, just go for 0.1BTC.
Maybe not an OG in a few years. Maybe after 10 years that might be considered the case, or 20 years. I don't think anyone who entered after 2020 could be considered an OG until at least they exist for half of the time that Bitcoin has existed...which by that logic, someone who entered in 2020 would only be considered an OG after 15 years, which is in 2035.
Creating potentially life changing wealth from owning 0.1BTC? That might be a more realistic goal over the next 5 - 10 years.