BITCOIN? ISN’T IT REALLY VOLATILE?
Yes. So hold 10% – 25% of your long term savings in it. You’ll sleep better and not be checking your smartphone every five minutes.
When fiat money (£ and $) goes down in value, it’s forever.
When Bitcoin money goes down in value, it’s temporary.
This link will be your “penny drop” moment… Click when ready to change your future.
NOW EDUCATE YOURSELF
Read the following four articles at Bitcoin Magazine…
Follow my regular bitcoin price chart technical analysis on twitter here.
Want to send me some Bitcoin? Don’t. Keep it. It’ll be worth 10X in 4 more years.
If you’ve found my site useful and must make a small donation in BTC for fun, then use the address shown below.
Always use copy and paste for crypto currency addresses – never manually type them! In the event of a typo, the crypto will be lost forever and blockchain transactions cannot be reversed!
You can also send BTC, ETH, LTC or ZIL to firstname.lastname@example.org or mattbradley.crypto or cyberfella.crypto if your wallet supports unstoppable domains
“TRADING IS A MISTAKE”
If you decide to trade Bitcoin in the hope of making money, you will be competing against AI so good luck with that. At the very least, you should know these candlestick patterns.
If you make money don’t fool yourself. You got lucky. That was gambling. Trade with 10% of your overall bag. HODL the rest in Celsius and earn yield on it. You will loose less bitcoin.
“BETTER GAINS IN THE ALTCOINS”
Propaganda is everywhere, and now it’s backed by convincing evidence in the short timeframe. One only needs a short timeframe to hijack your attention. There is a war for your attention. Do not take your world view from the man on the television or the faceless journo who wrote the newspaper article you just read. They use trigger phrases and neural linguistic programming techniques to hijack your emotional response since it’s that part of you that will re-share their propaganda and spread it. Use your analytical brain. Not your emotional brain.
This chart shows you how 2400+ altcoins ultimately collapsed by 2020 while bitcoin soars overhead. Facts not Propaganda.
“NOT FINANCIAL ADVICE”
My advice, if I were to give it, would be to study the links above until you’re confident you have an unbreakable belief in the value of storing a sensible proportion of your long term savings in a deflationary monetary network for at least 4 years, irrespective of perceptible volatility.
“THE RULES ARE SIMPLE“
Volatility is the price we pay for performance.
Nobody ever lost money in Bitcoin over four years, who didn’t sell.
Bitcoin accrues value at an average rate of 200% per annum since it’s inception.
Buy, HODL, Buy dips in price, HODL. Never sell if the NUPL is under 75%.
Go look up what NUPL means. 😉
ACCUMULATION OF BITCOIN DURING BEAR MARKETS
You’ll be competing against AI when trading. You won’t win. Just like Lee Sedol lost his games of Go when playing Googles AlphaGo, you’ll lose money.
If you want to take the edge of the emotions of the bearish cycles, then stabilise your bitcoin to USDC during the red weeks on this chart I made for you.
It’s what I do. I only trade when green candles turn red and vice versa. I also yield farm those stablecoins on VVS Finance using my crypto.com Defi Wallet and buy bitcoin with the harvested yield throughout the red weeks, but lets not get ahead of ourselves here.
Listen to the advice of Robert Breedlove. He knows.