Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
MainIbem
on 14/12/2024, 03:43:36 UTC
⭐ Merited by JayJuanGee (1)
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
With what bitcoin has achieved and shown, I am very happy to be among the investors who are consistently accumulating bitcoin and holding it for a long time. Bitcoin is just new, but yet it has already surpassed Google, Microsoft, Apple, Amazon, and NVIDIA in market value, who have been existing a long time before bitcoin was developed. It's just a matter of time; we will see bitcoin doing the same thing to gold. I will not be surprised when that happens because I know bitcoin has what it takes to dethrone gold in market value.


Quote
The chart shows that bitcoin is number seven on the list, and sure probably within this cycle bitcoin will at least get up to number 2, and it may even pass gold this cycle or perhaps in the next cycle?  The path up for bitcoin is not even necessarily directly up, since bitcoin has variance in its valuations.
I didn't see that clearly on the chart, but thanks for correcting me when I was looking wrong. Yeah, with time Bitcoin will occupy that number 2 spot in the asset class chart, and there's no two ways about it.

I see question of if it would ever be possible for Bitcoin to surpass Gold and it makes me wonder if those people questioning Bitcoin's potential are still in our time or the ice age cause getting to 100k alone should be enough to clear their doubts, i wonder if they've not seeing or heard that it's passed silver to be in the seventh place on the asset class so i wonder why they think chances of getting past Gold is slim. Well if might be slim currently but that's something that's bound to happen in future, it just like when it was mentioned in the past that Bitcoin would reach six figures, some critics doubted and even discouraged people not to invest on it claiming it's the fastest way they lose their money, however here we are. Bitcoin is a digital Gold and has great potentials, the earlier some doubters understand that, the better for them, it's still not too late for them to buy Bitcoin and hodl.