It seems to be that bitcoin does not have any specific marketing team, while at the same time, there seems to be a decent number of folks who are still spreading the word about bitcoin, and sure if we are holders of bitcoin, we can still benefit indirectly from the ongoing spreading and/or rippling effects of the spreading the word about bitcoin.
Fascinating right?
Yes, The decentralized nature of Bitcoin also means that there are no traditional marketing team responsible for the publicity of Bitcoin or helping to push its adoption. That is why this role is taken up by the collective effort of its community, particularly those who have really understood the technology and its underlying potentials and benefits, that also includes investors and enthusiasts.
Those who has acquired one or various knowledge and experiences about Bitcoin and decided to share it with others has in one way or the other contributed to Bitcoin's growing awareness and adoption. This approach has in one way or another created a ripple effect, where even more people (who originally didn't know about Bitcoin or its potentials) now get the chance to learn about Bitcoin and it's potentials and are also inspired to explore the technology further without having to pay for it.
This organic growth can also have a direct benefit to those who are currently Hodling the asset because the more new people learn and venture into bitcoin, the more demand increases, the price is pumped and the greater the mainstream recognition. By participating in online communities such as this very one, real world conversations and even social media, investors now have the chances to in one way or the other amplify the Gospel and also use that medium to attract and win over new users, which of course is directly contributing to the ecosystem's growth and maturity.
It is funny that with no marketing team, the recipient of the varying messages about bitcoin has to be able to sort the bad information from the good information, so if you ask any random person off of the street about bitcoin, some will have hardly any clue about it, and others won't know how to distinguish bitcoin from shitcoins, and even some folks who know about bitcoin are not able to distinguish it from shitcoins, which may well be part of the reason that a decent number of folks get burnt by shitcoins and/or by trading before figuring out that bitcoin is the signal and the variations of shitcoins, derivatives and/or trying to trade bitcoin is the noise.
The opportunities come to those persons who are able to sort through the information and act in such a way as to focus on the ongoing accumulation of bitcoin until they reach an overaccumulation status..,. but yeah, the free information does not necessarily put anyone on the correct path if they are not able to distinguish better information from worse information and also act in such a way to accumulate bitcoin, just like in the last 10 years, it did not end up doing anyone a whole hell of a lot of good if they failed/refused to take at least some reasonable measures to sufficiently and/or adequately stack bitcoin.
Of course, investing 25% or more of their income into bitcoin would have been more than aggressive enough, even though 10% would have also been enough for anyone starting to invest 9 years ago or more. For example a guy with a $50k per year income who started investing into bitcoin at
$100 per week (which is 10%) in April 2016 would have had invested $47k, and would have had accumulated 11.67 BTC.
11.67 BTC is currently enough to generate an income of nearly $55.5k per year based on a 200-WMA value of $555k and a BTC spot price value of $1.3 million. Such guy could keep stacking and build a bit of a higher cushion or he could choose to start to withdraw at a lower rate so that his ability to withdraw greater amounts of BTC is growing faster than his withdrawal rate. the guy has decent options with that level of accumulation, yet he surely is just at the threshold level of overaccumulation rather than having some additional cushion amount of extra, which might be what some guys would prefer prior to starting any kind of an attempt at sustainable withdrawal whether price-based or time-based, and surely the less of an overaccumulation status that a guy has achieved, then price-based withdrawal would be easier to justify carrying out rather than time-based sustainable withdrawal.
My own recommendations have been for more recent entrants to go more aggressive with their bitcoin accumulation, even though surely there are folks who are ONLY able to be so aggressive in terms of limitations in their own discretionary income, and if they merely have an ability to invest around 10% of their income into bitcoin, then these days and in recent times, it is likely going to take them at least 3 to 4 bitcoin cycles to get to a place where they might be able to start to live off of their bitcoin in a sustainable way, even though historically, they might have been able to achieve an ability to live off of their bitcoin from merely a 10% investment after 2 cycles and maybe even less.. and yeah, of course, bitcoin is not ONLY about number go up, even though surely number go up is a nice motivator that incentivizes normies to get started accumulating BTC. and then hopefully keeps them incentivized to continue to accumulate and hold the bitcoin that they had accumulated until they reach an overaccumulation status....