Post
Topic
Board Bitcoin Discussion
Re: Bitcoin have behaved like a fine wine 🍷
by
m2017
on 04/01/2024, 14:21:14 UTC
Bitcoin is really a fine wine,🍷 because it gets better with age, since it creation, it has progress significantly into an asset that is worth having,  from the days when it's value was not even up to $100 to now that it's over $42000 plus, I just believe that after this next halving it will gets even better, and now is the best time to DCA into Bitcoin, because the reward will be worthy of the wait.

Right now, it's just a 14 years old teenager still trying to find it feet in terms of adoption all over the world.
But am really confidence that it will get even better from it value, popularity and adoption because it's a fine wine 🍷 that gets better with age.

Funny comparison of bitcoin with wine. Did you know that even good wine, if left too long, becomes vinegar - not suitable for drinking? Smiley Shitcoins, for example, become vinegar very quickly.Smiley

Bitcoin if you buy at the wrong time (during a bullish trend) and hold it too long, it will also turn into vinegar (during a bearish trend). I don’t know if it will be possible to hold bitcoin indefinitely and every year it will only get better (more expensive and more valuable).

As we can see, this wine only gets better with each halving. The question is how many of these cycles bitcoin can survive without turning into vinegar. Money (value) from the global economy doesn't come from nowhere and this resource is also finite. How much cash injection does it take for bitcoin to peak? How long will this continue and how soon will it stop? Admiration for the bitcoin is good, but let's look at things soberly.