đĽ Buying the Bitcoin bottom in week 32
I still buy Bitcoin every Monday morning, regardless of the price.
Today Bitcoin is around 80K, and I continue buying more coins as planned.
Someone asked me:
âWhat is Bitcoinâs value?â
I replied:
âIt makes money, you know.â
That may sound a bit practical, but I think behind the question âWhat is Bitcoinâs value?â there is actually another question:
âWhat value does it have for me to put my money into, and in the future could it rise in price and help me make money?â
If so, then the answer I care about in the end is still: Does it make money or not?
I believe 95%, even 99% of us join a market because of the goal of making money.
We donât need to carry some grand ideal that we invest to change the world or create something great.
Most people simply want to make extra money so that their own lives and their familiesâ lives are better.
You buy stocks.
You buy real estate.
You accumulate gold.
Or you buy Bitcoin.
When putting money into those assets, besides understanding what they are and why they have value, in the end we still have to come back to very practical questions:
Does it have the potential to go up in price?
What risks do I have to bear?
And ultimately, will it help me make money?
So I think sometimes we donât need to turn investing into something too lofty.
Understand what youâre buying.
Understand the risks youâre taking.
Have a clear plan.
And focus on your ultimate goal: making money.
Then use that money to take care of your family, improve your life, buy goods, use services, or do the things you want.
#bitcoin $BTC
I still buy Bitcoin every Monday morning, regardless of the price.
Today Bitcoin is around 80K, and I continue buying more coins as planned.
Someone asked me:
âWhat is Bitcoinâs value?â
I replied:
âIt makes money, you know.â
That may sound a bit practical, but I think behind the question âWhat is Bitcoinâs value?â there is actually another question:
âWhat value does it have for me to put my money into, and in the future could it rise in price and help me make money?â
If so, then the answer I care about in the end is still: Does it make money or not?
I believe 95%, even 99% of us join a market because of the goal of making money.
We donât need to carry some grand ideal that we invest to change the world or create something great.
Most people simply want to make extra money so that their own lives and their familiesâ lives are better.
You buy stocks.
You buy real estate.
You accumulate gold.
Or you buy Bitcoin.
When putting money into those assets, besides understanding what they are and why they have value, in the end we still have to come back to very practical questions:
Does it have the potential to go up in price?
What risks do I have to bear?
And ultimately, will it help me make money?
So I think sometimes we donât need to turn investing into something too lofty.
Understand what youâre buying.
Understand the risks youâre taking.
Have a clear plan.
And focus on your ultimate goal: making money.
Then use that money to take care of your family, improve your life, buy goods, use services, or do the things you want.
#bitcoin $BTC
