Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Samlucky O
on 13/12/2024, 15:19:40 UTC
Shower thought.

What if we're very lucky to be during a time when we could own an asset that will actually "dethrone" Gold and become the most valuable asset in total market value?

It might not be very obvious for us plebs now, but it might be as Bitcoin becomes higher in market value than Google, Microsoft, Apple, Amazon, and NVDIA.

Buy the DIP, and HODL

We are already lucky to be in a time like this where Bitcoin is still developing and growing, Bitcoin will surely dethrone gold and will also become the most valuable asset in total market value, if we check the history of Bitcoin growth and it widely adoption by many institution, people and nations it very clear that Bitcoin is that asset that you just talked about and yes we are lucky indeed.



https://twitter.com/saylor/status/1865473610942464056?t=_F0ighUMNaq60ZDXlCIWKA&s=19

This is a very nice advise and other countries and individual should adopt it, no body is talking about Gold as an investment opportunity anymore because Bitcoin has taken that position so no need holding an asset that is no more valuable if you have gold sell it and use the money to purchase Bitcoin and hodl.
I don't even see Google, Microsoft, Apple, Amazon, and NVDIA as a debate with Bitcoin because Bitcoin will surpass them all, the growth is massive.
May I remind you that bitcoin doesn't come to erase every other assets but came as an alternative to centralized system. Though Michael saylor speech or approach to US suggesting they sell their gold to buy bitcoin is a good idea, but you saying gold is not valuable is misleading. Because If Mr A Choses bitcoin as his asset doesnt  mean Mr B will also adopt bitcoin as his asset. Gold and bitcoin are all important and unique in their functions but we can not use because of the value of bitcoin and sell all our gold or other assets. Now If everyone wants to sell gold to buy bitcoin who will then buy the gold?  Definitely people who find it valuable will still  buy it.  Let us not make it look like we need to sell everything we have to buy bitcoin including selling our houses,  clothes,  cars, business and many more.  And mind you, it is said that we should invest in bitcoin with the amount we can comfortably spend with or discretion without overdoing it and this does not in any way talks about selling things we have for bitcoin.  Surely selling some some gold or or other asset to buy bitcoin is good but let it no be a priority.