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the-bitcoin-strategy.com @thebitcoinstrategy.bsky.social
Jul 8, 11:18 AM

📉 Bitcoin Down 50%. Here's Why I'm Still Buying Bitcoin just dropped 50% and Wall Street is quietly selling off 200,000 coins. But the people who made the most money in past cycles did exactly this at the worst moments. The… #bitcoin #bearmarket #btc https://the-bitcoin-strategy.com/r/oud6tddv

🎤 Whisper Transcript (en) ⏱ 99s

"There is a good reason to be worried about Bitcoin because Bitcoin has already fallen 50% from the all-time high. WallStreet is selling as well as in the ETFs now hold only 1.2 million instead of 1.4 million Bitcoin. That's now going down. There's selling pressure here. The long-term dynamics around Bitcoin have not changed though. Bitcoin expands in its supply only by 0.8% per annum. That will go down to even 0.4% in two years. And at the same time fiat currency expands by 6.8% per annum. So that's 6 percentage points difference. Over the years that does compound. Also, the Bitcoin that has not moved for the last five years, either because it's held by the really strong investors or because it's just been lost, maybe the keys have been lost, that's going up over time as well by roughly two percentage points per year. So the liquid supply of Bitcoin continues to shrink while the liquid supply of fiat currency continues to expand. So very long term, of course, Bitcoin has to go up measured in US dollars. The only question is, when do we see the turnaround of this bear market? There will be a turnaround. Bitcoin is not dead. There's just a lot of apathy in the market. This is the number of Bitcoin query searches on Google. Nobody is interested in buying Bitcoin, but that's potentially the opportunity, right? We want to buy when nobody wants to have the asset, we want to sell when everybody talks about it. We want to be the contrarian investor. That's the one that tends to make most money over time. The full-length video is on the channel. A like on this short is also appreciated. Thank you. To get more shots like this, feel free to follow this channel."

💬 Discussion

the-bitcoin-strategy.com @thebitcoinstrategy.bsky.social · Jul 6, 07:34 PM

📉 Bitcoin Down 50%. Here's Why I'm Still Buying Bitcoin just dropped 50% and Wall Street is quietly selling off 200,000 coins. But the people who made the most money in past cycles did exactly this at the worst moments. The… #bitcoin #bearmarket #btc https://the-bitcoin-strategy.com/r/oud6tddv