Bitcoin is an incredible monetary revolution that has already achieved phenomenal things in just twelve years of existence. However, you should not lose sight of the fact that such a monetary revolution always takes time. There have already been ups and downs, and of course there will be more.
The adoption of Bitcoin by the general public will not be linear, but a tortuous one where you will have to be strong to resist the temptation to sell your Bitcoin.
This temptation can either be when the price of Bitcoin goes up or down. In fact, when the price of Bitcoin rises sharply, you will always hear the voices of people telling you that it is time to take profits. You can now prepare to answer them the following: take a profit in US dollars? I wouldn't know how to trade the hardest money in the world against weak money.
The freedom that Bitcoin gives you is priceless
When the price of Bitcoin crashes and it will crash again, because that's what the free market does , you will have to control your emotions so as not to panic.
This panic is helping to sort out those who fundamentally believe in the Bitcoin revolution and those who see Bitcoin as just a get-rich-quick scheme. It is up to you to be on the right side by realizing that bitcoin is all about power .
Bitcoin gives you the freedom to live your life on your terms . And that is priceless.
While FUD (Fear, Uncertainty and Doubt) is sure to increase in the coming years, you will need to learn to filter out all that ambient noise to focus on the real signal: the Bitcoin revolution .
Want an example of this? As of early May 2021, everyone is focused on Elon Musk dropping support for Bitcoin payments with Tesla, as well as China banning Bitcoin on its territory. This is pushing all the mining companies to move their equipment elsewhere in the world.
While everyone is focused on the price of Bitcoin, the Bitcoin revolution is making incredible progress
Meanwhile, one country, El Salvador, has officially adopted Bitcoin as its official currency. This is an incredible step forward and the first country in a long line. Other countries in Central and South America will follow suit in the coming months and years.
Paraguay is already on its way to taking advantage of Bitcoin, as El Salvador just did.
This will follow in Africa and Asia. Many developing countries will take advantage of the opportunity to change their future for the better with Bitcoin. This is in accordance with the will of their people, but also in accordance with history. The IMF and the World Bank will oppose it, but that is simply because they are afraid of becoming obsolete .
In reality, Bitcoin is the real world bank. Period.
The China ban is extremely bullish for the future of Bitcoin
While some people waste their time researching the price of Bitcoin on a daily basis, they are missing out on all the progress being made in Bitcoin mining by many in America who want to rise to the challenge of maximizing the use of renewable electricity to run the system of bitcoin.
Banning Bitcoin in China will encourage green mining. We are witnessing the great exodus of Bitcoin mining from China to the West . All of this is extremely bullish for Bitcoin.
However, to take advantage of it, you will need to be patient. This is key because the Bitcoin revolution is a marathon, not a sprint. Many people seem to forget this. Time to open your eyes if this is the case.
To keep this in mind, you need to focus on what I call the four "Keeps":
1. Keep learning
Knowledge is your best weapon in the Bitcoin world. By constantly expanding your knowledge, you will discover the ugly truth about the current system, which is flawed and beyond repair.
Then you will understand that Bitcoin is our best hope for a better future for many people .
Bitcoin brings the power of money back to the people, and that's essential for millions of people already. This number will continue to grow in the future. Bitcoin demand will explode. With a limited supply of 21 million units no matter what, you already know what this will mean for the price of Bitcoin.
2. Keep buying
Understanding Bitcoin is one thing, but putting it into practice by buying Bitcoin is the next logical step. The sooner you start buying bitcoins, the better for your future. Buying bitcoin once is not enough.
You must buy Bitcoin in DCA mode to take full advantage of this revolution with peace of mind . This will prevent you from falling into the trap of those who are always hesitating, hoping to buy bitcoin at a lower price.
3. Keep stacking
In the future world talking in satoshis, not bitcoins, will become the norm . So every Satoshi you can accumulate will have a significant impact on your future life. Born in the heart of summer 2019, the #StackSats movement is here to remind you of that.
To accumulate more satoshis, you can stop spending your money unnecessarily on things that consumer society pushes you to buy. Your future self will thank you for this wise choice.
4. Keep HODLing
Last but not least, you should become a Bitcoin HODLer no matter what. Put your bitcoins in cold storage so that you have the private keys for your bitcoin.
This is the only way to truly have power over your money and your future life. It sounds simple during a Bull Market, but in future Bear Markets you will need to show character to resist fear.
Your trust in the Bitcoin revolution will be your best ally. Constantly enhanced by your knowledge. This is why you should go back to the first point, which is to keep learning. Once you come full circle, you will be able to enter a virtuous circle that will change your future life for the better.
With Bitcoin, the goal is to take back your power over money. It will take time, but rest assured, Bitcoin's success is inevitable. It's only a matter of time. Once you understand this, you'll stop panicking at the slightest drop in Bitcoin price.
Instead, you will see this as a unique opportunity to accumulate more BTC. This will put you in a position to win the hoarding game that is Bitcoin for years to come. Patience and confidence in this unprecedented monetary revolution in human history will be your best allies in the coming years.
The four "Keeps" of the Bitcoin world that I just described will also help you take full advantage of this incredible revolution.