🔥 Digging into Bitcoin’s bottom week 32
I still buy Bitcoin every Monday morning, regardless of the price.
Today Bitcoin is around 80K, so I’m continuing to buy more coins as planned.
Someone asked me:
“What is Bitcoin worth?”
I replied:
“It pays you, my friend.”
It sounds a bit pragmatic, but I think behind the question “What is Bitcoin worth?” there’s actually another question:
“What’s it worth to me for putting my money into it—and can it increase in price in the future so I can make money?”
If so, the final answer I care about is still: Does it pay?
I believe 95%, even 99% of us enter some market with the goal of making money.
We don’t need to hold some overly grand ideal that we invest to change the world or create something great.
Most people simply want to make more money so their own life and their family’s life can be better.
You buy stocks.
You buy real estate.
You accumulate gold.
Or you buy Bitcoin.
When you put money into those assets, besides learning what they are and why they have value, you ultimately have to come back to very practical questions:
Does it have potential to increase in price?
What risks do I have to bear?
And finally, will it help me make money?
So I think sometimes we don’t need to make investing something overly lofty.
Understand what you’re buying.
Understand the risks you’re taking.
Have a clear plan.
And focus on your final 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, so I’m continuing to buy more coins as planned.
Someone asked me:
“What is Bitcoin worth?”
I replied:
“It pays you, my friend.”
It sounds a bit pragmatic, but I think behind the question “What is Bitcoin worth?” there’s actually another question:
“What’s it worth to me for putting my money into it—and can it increase in price in the future so I can make money?”
If so, the final answer I care about is still: Does it pay?
I believe 95%, even 99% of us enter some market with the goal of making money.
We don’t need to hold some overly grand ideal that we invest to change the world or create something great.
Most people simply want to make more money so their own life and their family’s life can be better.
You buy stocks.
You buy real estate.
You accumulate gold.
Or you buy Bitcoin.
When you put money into those assets, besides learning what they are and why they have value, you ultimately have to come back to very practical questions:
Does it have potential to increase in price?
What risks do I have to bear?
And finally, will it help me make money?
So I think sometimes we don’t need to make investing something overly lofty.
Understand what you’re buying.
Understand the risks you’re taking.
Have a clear plan.
And focus on your final 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
