Couverture de How to Respond to Bitcoin’s Recent Fluctuations/Volatility

How to Respond to Bitcoin’s Recent Fluctuations/Volatility

How to Respond to Bitcoin’s Recent Fluctuations/Volatility

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 Alli’s quote- TLDR: Bitcoin is still functional as Bitcoin- Supply and Demand are different- Bitcoin longterm is on an upward trendNate’s River Experience- Sees fluctuation of value of Bitcoin- Is Bitcoin like the Stock Market?- Bitcoin is a commodity, not a stock- It fluctuates similarly due to the similar supply anddemand element- Historically it’s always gone up (since 2008)- From a penny to $108,000- Best use - long term store of value for young people- Consider what stage of life you’re in- Freedom to cash in Bitcoin whenever you want!Bitcoin Encouragement- Plan with safety net- Take into account possibility of things going down- Consider how it is most helpful to youConclusion- Remember what Bitcoin is and that it has not changed- It goes up and down in price point, but longterm hasincredible value, and will likely go up- Bet of Bitcoin freedom to do what you want with your ownmoney- Belief in the idea is the key- It’s terrific for human fourishing
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