Most people try to get wealthy overnight; this kind of attitude is the fastest way to go broke. The reality is - you are still ridiculously early to Bitcoin. If you're reading this, you're already leaps & bounds ahead of most in society. It is extremely likely in my mind that if you just hodl your Bitcoin, your purchasing power is likely to increase at least 1000-fold someday. Add in Bitcoin's finite scarcity & you have a built in dividend which pays you for life. We have never had such deflationary power at our fingertips; government money does the exact opposite - makes you poorer over time.
There is this theory in Bitcoin - Hyperbitcoinization. Personally I believe it is a feasible & logical prediction; because why wouldn't the world jump to a more superior monetary policy - one that enriches individuals by default. Slowly, then all at once disruptive technologies are adopted. Bitcoin will likely be adopted much faster than the internet as it has already laid the foundation for it's success. I read this article the other day about tipping points; 10% social movement required before there's a tipping point to the masses. The world is going to see 10% adoption sooner than what most realize in my opinion. Russell Okung is an NFL player who is demanding half of his $8m annual wage in Bitcoin - he can see the theft. He doesn't want to injure his body for a currency that will only continue to rob him. I really do think we're at a social tipping point. As far as price action is concerned, this is only the beginning.
If everyone suddenly understood Bitcoin's value proportion, the supply on the available market would probably dry up in a few hours. If everyone was like me, no one would sell. Your position or percentage of the supply cannot be altered; why would you sell such certainty!? If you can afford to put $10,000 into Bitcoin right now, you're mathematically guaranteed to end up in the 1% of future wealth. I can't think of anything that will give you this kind of certainty. The way I looked at it; the dollar will be long dead before Bitcoin. To me the dollar the far riskier play. I continually ask myself how Bitcoin could be killed & there's always a compelling reason that negates it. I urge you to do you own research & keep asking the hard questions. 11 years & still going strong. If there is something that is able to kill it, I can't wait to hear what it is.
My biggest advice would be never trade; you cannot easily outsmart this market - getting greedy will only make you poor. There's always going to be someone willing to buy you out of your position. Don't let the rich take your sats. Remove emotion from the market. If you don't have $10k capital, that's OK, stack slowly over time. Even if you only acquired 1m sats ($350), it will change your life someday. Instead of saving your fiat & losing purchasing power by the day; stack sats & build a real future. No financial advisor will tell you any of this, but it's the truth. After you've stacked, take control of your keys with a hardware wallet & node. After you're comfortable with this, explore - Bitcoin's privacy tech.
Hyperbitcoinization is coming, are you ready?
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