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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