Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is risky
by
Wind_FURY
on 22/08/2024, 09:53:14 UTC

I would put it the other way around: what is risky is not having bitcoin.

I am also not someone who fully understands the advantages of Bitcoin, but I have been increasingly convinced that Bitcoin is something extraordinary whose scope is not only limited to price.


Source image: bitcoinmagazine

That's actually NOT right. Gold has also been going up, but a much slower speed, with much lesser volatility if we compare it to Bitcoin. It's currently in its own all time time high right now. For people who don't want the volatility, and merely want a slower surge in price, then Gold might be the more preferable investment.

¯\_(ツ)_/¯

But Gold has taken it more than 20 years for its 10x. Bitcoin can surge to 10x in mere months.

Yes, but it gives you an idea. Let's complete the chart with this one, the bitcoin vs USD purchasing power chart:



Is it becoming clear what is riskier and what is not? Risk, of losing capital or wealth, should not be confused with volatility.


That's the point of the Central Banking scam. The Cabal is making the people poorer the longer we hold/use the fiat currencies that the Cabal has control over - The Money Printer.

That's absolutely why we need to HODL Bitcoin as a back-up/fall-back. The people who discourage HODLing because "reasons" are probably not informed.

Read - A History Of Central Banking And The Enslavement Of Mankind, https://archive.org/details/stephen-goodson-a-history-of-central-banking-and-the-enslavement-of-mankind.org