Re: Stop comparing BTC to FIAT. FIAT is dying every single day.
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. Get the house or the car of your dreams. Have some money in your bank account. Live your life. But don't keep them all in the bank, those money will disappear day by day.
The governments will keep printing...
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. Get the house or the car of your dreams. Have some money in your bank account. Live your life. But don't keep them all in the bank, those money will disappear day by day.
The governments will keep printing...
Thanks again, you are truly one of those who are going to hold bitcoin for a long time. And if I'm not mistaken, you said before that you haven't sell any single bitcoin and you are still accumulating after so many years.
And I do agree that FIAT is dying, just like what we are seeing right now, many banks are going bankrupt, people are withdrawing because they know that their money is not going to worth something because of inflation.
So let's wait for BTC to become $100k or more this next bull run. And diamond hands like you for sure are going to be richer... again.