If you have a long time horizon Bitcoin is for you.
Study Bitcoin.
🎢 If you think Bitcoin is “too volatile,” you’re looking at the wrong timeframe 🎢 | Thomas Jeegers, CFA, FRM
🎢 If you think Bitcoin is “too volatile,” you’re looking at the wrong timeframe 🎢 Every sharp move that grabs headlines, e.g. from $69k to $16k and back again, happens above a foundation that has never stopped rising: the 200-week moving average. Since Bitcoin’s first traded price, t…
Here’s a quick (3-minute) video on how Bitcoin works.
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If you haven’t read any books about Bitcoin, we recommend The Little Bitcoin Book – https://a.co/d/08O4jwP9 – At only 99 pages, it’s a quick and helpful read.
https://www.linkedin.com/posts/jasonweed_if-you-havent-read-any-books-about-bitcoin-ugcPost-7427023264721465344-Dwd6?utm_source=share&utm_medium=member_desktop&rcm=ACoAAALDW6EBxX9gfPpNXLohpzgrZ6QndXsOHAE/
Bitcoin food for thought…
Last cycle, it took 72 days to get from the peak to the bull run 50%.
This cycle it’s taken 122 days from the peak to 50%.
Just something to think about./
