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Old 01-02-2021, 11:01 PM  
ruff
I have a plan B
 
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Join Date: Aug 2004
Location: Seattle - Miami - St Kitts
Posts: 5,501
I read that only 22% of BTC is in play, the rest held by big funds and large money. That benefits the small hodlers. There will, no doubt, be hills and vally, the volatility is what keeps BTC attractive. You do not see gold behaving that way. In general though, it is expected that a finite quantity of BTC is unlike gold or diamonds where there is no known limit. So it's not particularly hard to figure out that Bitcoin is here to stay and only going to get more valuable. Some of us have been saying to buy and hodl for years now. It's not too late because we believe it will go stratospheric. But it's okay if you don't because it doesn't matter to the rest of us. I remember, and there is probably a thread here, where I was berated for buying at $600. Who has the last laugh now?
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