Crypto Opposition: Hold Bitcoin with Diamond Hands!
Bitcoin is like digital real estate.
The Russian president also signed a #cryptocurrency mining law.
Long-term investors should acquire and keep Bitcoin.
In cryptocurrency terms, I want you to have “diamond hands” rather than “paper hands” . Ultimately, investors should welcome volatility and buy Bitcoin at cheaper prices.
Imagine Bitcoin as digital property.
MicroStrategy Executive Chairman Michael Saylor is a prominent bitcoin advocate. Saylor discussed an unlikely long-term bullish Bitcoin viewpoint in a recent interview.
Saylor used dot-com arguments from the late 1990s and early 2000s. Saylor stated in part:
Saylor is calling BTC digital “real estate.” Blockchain is digital property like internet domains and might be termed “productive property.”
BTC Victory You May Not Have Heard
Bitcoin's globalization is real. Even if you may not hear about bitcoin industry development, acceptance is occurring globally.
In Russia, President Vladimir Putin approved a measure authorizing cryptocurrency mining. I had to research this critical news article. This is presumably because I'm from the U.S., where Putin isn't popular.
CryptoQuant CEO Ki Young Ju understands the importance of this development:
Russia seems to be following the US. National #Bitcoin FOMO is rising. Hashrate, network fundamentals, and miner politics will improve with their entrance.
It merely implies Russian Bitcoin purchasers grasp it. They know Bitcoin is the future of money in nations with weak fiat currencies. Don't dismiss this game-changing news item because Putin's name is involved.
Do Not Hold BTC in Paper Hands!
Bitcoin's drop from $73,750 was dramatic and alarming. True Bitcoiners are contrarians. They believe Bitcoin is going worldwide and cryptocurrency is the future money, therefore they buy dips.
Avoid buying Bitcoin with “paper hands.” Instead, examine the long-term advantages of Bitcoin blockchain digital real estate ownership.