Bitcoin Jesus
Bitcoin
- Bitcoin is a cool cryptocurrency, which historically is deflationary and gains value overtime.
- The dollar is inflationary and loses value over time.
- All other currencies which are weaker then the dollar lose value overtime, but faster, so the dollar is the go to currency to hold value.
- Stable coins are pegged to the dollar, and can be exchanged for dollars anytime, so they are a convenient way of holding your dollar wealth and moving it around.
Bitcoin is touted as a store of value and certainly overtime it has gained more then any other asset in history.
- But Bitcoin is cyclical and losses occur
- I suggest you hold a small amount of Bitcoin, but consuder using stablecoins to lock in your profits during a bull market or cry all the way home during the bear market.
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True words.
#upvote
#reblog
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Cool.
#upvote
#reblog
Thanks
bitcoin is amazing.
Thanks
#reblog
#upvote
#bitcoinforbeginners
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