Friday, 5 March 2021

How I Know People Don't Actually Understand Bitcoin Yet and it's Early

I work in investing and what blows my mind is that Bitcoin SELLS OFF (price drops) when speculative / risky assets do. March 2020 is a perfect example and the last few weeks are another one. This simply tells me that in general people don't understand it's the SAFEST asset to invest in (usually gold is the "risk off" asset of choice). More specifically, this risky stock sell off is because inflation expectations are on the rise. That's PRECISELY when you want to own bitcoin.

Anyway, rant over, and HODL / buy dips friends.

submitted by /u/riscoedash
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