Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
JayJuanGee
on 20/07/2025, 03:06:43 UTC
you are actually right,  Bitcoin isn’t just a trade it’s a mindset shift. Thinking long-term, even beyond 10 years, changes how you see value itself. It's not just about gains, it's about preservation and freedom from inflation. Just like we wouldn’t question saving gold or real estate for decades, Bitcoin should be treated the same if not more seriously in this digital age. Small, consistent moves now could mean long-term financial strength. The key? Patience and perspective.
You've made a great point, well comparing bitcoin to real estate and gold. Honestly the price of bitcoin is far more valuable than gold but gold has more market cap than bitcoin and that is because the old didn't have access to the Internet so they valued physical thing they can see and touch, though gold has several  lapses like weight especially when we are talking about large quantity. .
In a word we can say Bitcoin is the best for privacy, no matter how much you use Bitcoin you can easily move around with it depending on the holding status. No one will suspect you but whenever you use gold you are most likely to get robbed immediately, and if you have excess gold then your family can put you in danger.
Just like fiat money, if you have excess money than you need then your house will be most likely to get robbed so no matter how you prove it, Bitcoin is playing the best role in terms of privacy and its demand is increasing rapidly all over the world.

You should try to be a bit more fair when you are describing the characteristics of bitcoin versus other ways of transacting value, whether you are referring to gold or any other way of transacting value.

Bitcoin is better than gold and better than cash in a lot of ways, but there are still trade offset, when we are talking about privacy, security or traceability... and perhaps what kind of tools and/or resources that you might need to hold or transact in bitcoin or any other way.

You just blanketly proclaim bitcoin is better than gold in regards to privacy without even setting up any parameters?  I don't want to argue for gold, but I also know that even bitcoin has some problematic areas in regards to privacy and/or security, and there may be some actions that users need to take to protect their privacy, and it may well depend on the level of threat in regards to what measures might be taken, but bitcoin does not automatically have privacy, and there sometimes could be circumstances in which privacy is jeopardized in bitcoin, depending on from whom we might be wanting privacy, but if I am transacting 0.001 BTC ($118) with someone on the street from a regular bitcoin wallet, and if you are using a wallet that has a balance of 0.53 BTC ($62,540), then you might not want the person to know that you have $62,540 in your bitcoin wallet.  That could be a problem for someone who does not take adequate precautions.