Why is BTC called digital gold?
People have been looking at cryptos as currency, similar to dollars or euros. Instead, cryptos are store of value, that is: you buy it to keep it, just like gold, gemstones, or original paintings by famous artists. You buy and keep buying because you know over time your BTC are going to be worth much more. This is not a short-term investment. You have to think of 4 or 5 years from now. Bearish predictions for 2030 see bitcoin hitting 250.000 Usd. Bullish predictions go as high as 1.5 million dollars. Why would you sell at 66000 today when in just 6 years you could sell at twice as much?
Do you know how much BTC is being kept by long-term holders in cold wallets? 14600 billion BTC! They are not selling. They are waiting.$BTC #bitcoinhalving #write2earn🌐💹