Everyone MUST get their bitcoin off of exchanges and in to cold storage. I have past articles and videos I have shared about how to do that and reputable open-source wallets I like.
Exchanges and scam coins are on tilt and numerous have already burned down or locked up in the past month; Terra Luna, Celsius, Binance, 3 Arrows Capital, Coinbase (rumors).
The beauty of bitcoin is that it’s immutable wealth that YOU custody and control.
Bitcoin’s features are not its price. Thats just a benefit of owning the asset.
Another article on getting your bitcoin on cold storage to custody yourself.
Remember this is why bitcoin is powerful and will win, not because of price, but reviews from Justin Rezvani’s book “Unapologetic Freedom” like this, explain why…
"Yes, Bitcoin can return control over wealth back to the people as the centralized government dollar continues to collapse. But it's much more than that. The technology that allows Bitcoin to be hard money has many more implications. From secure elections, to censorship free, peer-to-peer social media, the systems that gave birth to Bitcoin, can put the internet and politics back into your hands. Rezvani's short book is a great introduction to this revolution. You will realize why you need to be a part of this and make it happen."
If you are still finding yourself wondering if bitcoin is falling off the face of the Earth and will never come back, here are some charts to give you perspective.
We want to find attractive assets and wait until they go one sale. That goes for real estate, gold, silver, stocks, and bitcoin.
Here is a great site Look in to Bitcoin to show you what bitcoin is doing and some of the technicals.
Earlier this week we showed the fundamentals.
I simply lay this info out to put out the data and the charts to show the other side of the coin. All you see is negative media or people “dancing on bitcoin’s grave.”
They may be right in the short term over a couple months.
When in doubt zoom out and look over long term, the trend continues and the fundamentals are stronger than ever.
What do you see?
I am not a huge Buffett guy but mixed in with his out of touch quotes, he has some good ones. Here is one from his mentor Benjamin Graham.
None of this means good things will come soon. The Fed will continue to tighten to reign in inflation and the mess they made. That will continue crashing markets.
Be prepared for more volatility in all markets.
Bitcoin will be no exception, however. it is still up almost 6x from its March 2020 low currently. No asset comes close unless you consider oil when it went negative…
I will be buying all the way down and all the way up.
Bitcoin is the most decentralized and strongest computing network to ever exist. I don’t believe that is going away any time soon.
“Bubbles” don’t crash down and come back multiple times.
If it is not going to zero then one has to ask, why? And where is it ultimately going?
The network is a bet on freedom, technology, trends, and the future.
I know where I stand and have placed my bets accordingly.
Bitcoin stands for the disruption of banksters, elites, and those responsible for the destruction of your wealth and the very system we live in.
If some one has a better idea, I am all ears.
Stay strong,
Brandon
Ps. Hopefully at this point you have realiezed that there is more than just price or people getting wealthy to this “bitcoin thing.”
I am vehemently against tyranny and trying to educate anyone who will listen regarding a way out of the hamster wheel experiment our governments around the world have put us in.
Central bank digital currency is on its way and bitcoin is the escape valve from complete government control of every action in your life.
This is why I am compelled to talk about bitcoin each day.