Value Your Wealth In Bitcoin
Learn to buy anonymous Bitcoin:
https://www.bitcoinuniversity.com/courses/76599-the-ultimate-guide-to-bitcoin
In this video, I discuss the various reasons why you should value your wealth in Bitcoin.
Altcoiners are trapped in a fiat unit of account mentality and still prefer to value their wealth in US dollars or other fiat currencies. They are quite focused on pumps and XYZ coin to the moon, while missing the big picture.
Holders of weak fiat currencies like the Argentine peso have a much better understanding of why you should hodl. There's no rational time to convert your US dollars back into Argentine pesos. Likewise, there's no rational time to "take profits" and move your Bitcoin savings back into fiat which stores your economic energy as well as a melting ice cube.
It's quite unlikely that you will be able to successfully outperform just hodling Bitcoin by trading shipcoins (altcoins), especially after paying all of those short-term capital gains taxes, while also having to avoid accidentally stepping on a land mine.
Capital will continue to flow from the weakest forms of money (shipcoins, fiat) to the apex predator of money (Bitcoin).
Don't be like a shipcoiner who thinks only in fiat. Slowly let Bitcoin become your unit of account.
Not investment advice! Consult a financial advisor.
Weimar hyperinflation:
https://historydaily.org/germany-hyperinflation
Holding altcoins eventually gets you rekt:
https://rekt.news/
Solana Billionaire VC's Are Laughing At You:
https://www.youtube.com/watch?v=nBHH0k8EOHE&ab_channel=BitcoinUniversity
Jed McCaleb empties XRP wallet after eight-year selloff:
https://cointelegraph.com/news/jed-mccaleb-empties-xrp-wallet-after-eight-year-selloff
Block.one and the Tezos Foundation dumped their token for BTC:
https://buybitcoinworldwide.com/treasuries/
Tezos price chart:
https://coinmarketcap.com/currencies/tezos/
EOS and Block.one:
https://en.wikipedia.org/wiki/EOS.IO
https://cointelegraph.com/news/block-one-s-bitcoin-reserves-are-now-worth-double-the-entire-eos-market-cap
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#crypto
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
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