Look at $100k.
Now imagine owning $100k 20 or 30 years ago. Wow, that was a lot of cash! You could have bought a home, maybe a nice car and still have some money left in the bank.
Today... do the math and see what you can buy
Inflation is killing FIAT every single day.
So stop comparing BTC to FIAT and see the true value of Bitcoin. Don't go "wow" when BTC hits $100k. Because $100k today doesn't value that much anymore. It's still low.
Given the poor FIAT value 1 BTC is terrible cheap these days. $30k in 2009 is not $30k in 2023. You need like $42k for the same purchasing power.
What I mean is... don't sell cheap when you do it because you might never see your BTCs again.
Sell only for your real needs.....
Now imagine owning $100k 20 or 30 years ago. Wow, that was a lot of cash! You could have bought a home, maybe a nice car and still have some money left in the bank.
Today... do the math and see what you can buy
Inflation is killing FIAT every single day.
So stop comparing BTC to FIAT and see the true value of Bitcoin. Don't go "wow" when BTC hits $100k. Because $100k today doesn't value that much anymore. It's still low.
Given the poor FIAT value 1 BTC is terrible cheap these days. $30k in 2009 is not $30k in 2023. You need like $42k for the same purchasing power.
What I mean is... don't sell cheap when you do it because you might never see your BTCs again.
Sell only for your real needs.....
Interesting point actually. Because of this, Bitcoin Master would reduce his support for fiat/dollar and support Bitcoin more to rally for some times. This is impossible without the CREATOR of the Universe.
But I think people should use their profits to buy things that are necessary, affordable and good. Buy affordable vehicles that can help you alot in your businesses ("good businesses", by the way) instead of flashy cars. You probably could build houses (movable homes preferably) and rent them out.
You can consider them as investments, and use part of the profits generated from such investments to buy more bitcoins.