Investing in Cryptocurrency: A Tale of White Balls and Cue Balls
Satoshi Nakamoto:
The elusive creator of Bitcoin remains a mystery. Some believe Satoshi is an individual, while others think it’s a group. Regardless, the legend of Satoshi continues to captivate the crypto world.
Halving: The halving process is well-known among crypto enthusiasts. It’s not a secret handshake; everyone understands it. No need to play the role of a sheep—knowledge is power.
Bitcoin Supply:
Total Bitcoins: 21 million.
In Circulation: 18 million.
Lost: Less than 4 million.
Today, approximately 60 million people have become millionaires. Let’s assume half of them are rational. That means at least 30 million millionaires will stash away at least one “white ball” (Bitcoin) for the future. But how do we divide 21 million bitcoins among them? A question for the mathematicians.
White Ball vs. Cue Ball:
White Ball (Bitcoin):
If you have extra funds (not guaranteed money), consider investing in the white ball. It’s a long-term play—a bet on the future.
Cue Ball: Want a secure future for your children? Whether it’s worth it or not, invest in the cue ball (presumably a stable asset).
Price Volatility:
Post-Halving: After the halving, Bitcoin’s price could plummet to $20,000. But don’t panic! Keep your white ball in play.
Brown Coins: Whether you’ve won a little or a lot with other cryptocurrencies, consider diversifying into the white ball.
HODLing Through the Flames:
Bought Bitcoin at $73,000, and now your portfolio is ablaze? Hang on. In a few years, you’ll remember these words.
This advice doesn’t apply to short-term traders chasing instant profits.
Remember, crypto investments are like a high-stakes game of billiards. Choose your balls wisely, and may the blockchain be ever in your favor.
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