I hide all the labor value in Bitcoin not only because the price of Bitcoin will increase 4ever in the long term (the law of value flow)
But because fiat is in free fall (approaching zero)
Holding on to "assets" that can increase supply is like chilling on the Titanic
The nature of infinite supply increase > decrease in value, loss of purchasing power
Fiat inflation ~10% (maybe worse)
Gold inflation ~2%
Stocks, bonds printed more
Shitcoin: 30,000+ and more potential rooftop projects will continue to be launched with claims of "improvement" over BTC (BTC Killer) 🫣
There is still a lot of scabby land, more and more apartments are being built.
(Only the central land is absolutely scarce, but I don't have enough money to buy it and I'm not stupid enough to take on more shackles from real estate)
No asset before Bitcoin has been able to achieve digital scarcity (100% closed supply)
Got fiat money already?
You should only keep a small amount of VND to spend to limit the surface from being eaten away and corroded by inflation.
The rest?
Lock your precious drops of labor in cold wallets
If you are free and surfing Facebook for fun, take some precious time to check the charts of USD vs BTC, VND vs BTC, VNINDEX vs BTC, S&P500 vs BTC, GOLD vs BTC, REAL ESTATE vs BTC...
To see the flow of value from abundance > scarcity > absolute scarcity
Between the sinking Titanic and the lifeboats
I resolutely stepped into the lifeboat.
Bitcoin volatility? Bear market? Bull market? Bear trap? Bull trap?
No problem. That's why I say it.
Understanding BTC
Buy and Hold is the Key
There are 8 billion people living on the Titanic of inflation.
Only 21M BTC - 21M Lifeboats Until Eternity
The nature of hard assets, absolute scarcity, is that they will always increase in price and purchasing power over time.
BTC price is so cheap right now, you still have time to learn and get on board
P/s: Bitcoin volatility is a feature, not a bug
Bitcoin's volatility is a feature, not a bug
Oh, and one more thing: Not financial advice.
