Hello all BTC
can we talk about the source behind BTC price
yes there is only 21m btc but iI think that it is not enough
it make anyone reach just by bying and hodling it
That's make Bitcoin unique, we haven't seen any assets that has a limited cap of 21 million and then every 4 years, the supply is being half, hence the halvening event that might happen in the next month.
we normally get rich by working, studying or something else but not hodling
We can make a lot of money but holding, but if you are willing to take that hard way. It's not going to be easy. Accumulation time is bear market = you buy a lot of bitcoin because the price is cheap, in this cycle, it's 2022-2023. And then you sell then in the bull run phase, 2024-2025 and make a profit. So look at this equation.
lowest low 2022, $15,500 due to FTX collapse
right now price 2024 $70k new all time high
So you do the math and see how much profit you make already.
But wait there's more, I said 2025 because that will be the top, all time high of 6 digits as speculated.