Post
Topic
Board Bitcoin Discussion
Re: Just hodl, bitcoin will do the silencing.
by
Lida93
on 01/03/2024, 20:53:21 UTC
I think all bitcoin investors needs to take a leaf and learn from Bukele's firmness and resolve to HODLing even under strong press, criticism from the so-called experts.  Today everyone is praising him for for holding firm.
Remember this; bitcoin will always silent the critics, our role is to just hold patiently strong.

I remember when El Salvador adoption was ridicule and Microstrategy Micheal Saylor was struggling to impress people on the TV show of his Bitcoin adoption but look at it today, they are now sitting on billions of profits and Bitcoin halving is not here yet and the bull run is yet to started. If bull run comes and Bitcoin made it to another all time high, they will profit heavily on their investment like no any other investment can give them such kind of return on investment.

My only worry is what is going to happen with the bitcoin they have bought and invest in. Nobody continue to invest forever, a point of sale will come and Bitcoin market is very reactive to when investors want to sell their Bitcoin. However, if the continued to hold, it will help the market in the long run.
Bitcoin has proven itself many times. Even though this is known, I have always found the criticisms against people investing in Bitcoin unfair. Bitcoin does not mislead people who invest in Bitcoin and enables them to achieve their goals. Bitcoin proves itself once again and continues to prove its investors and those who trust Bitcoine right.
I think not that most of these critics against bitcoin investors are unaware of the historical pasts about how bitcoin has at different moment's proven itself as a digital currency to bank on and hodl but it's just that they fear the power of bitcoin as a decentralized currency taking away that centralized authority and regulatory power from them (making them irrelevant)  and giving it to the people to take charge of their finances aand,

with the privacy it provides they fear to lose the monitoring influence/access they possess to be taken away from them and for that they just wan t to use every propaganda within their reach to discourage a rapid adoption to bitcoin. It's a simple logic for us who are looking inwardly to understand these things.