There has been much discussion over the years about how much Bitcoin is actually enough; or how much you should actually have. This is where the debate comes in. Naturally, when the price of Bitcoin was lower; the goal to accumulate bitcoin was much, much higher. Numbers that would seem unthinkable today. But as the price increases, this accumulation target also decreases. But no matter what your circumstances are; if you're a bitcoin whale, if you're in the middle of your accumulation journey, or if you're just getting started. There is one thing that is certain in all these circumstances. No matter how much Bitcoin you have; You do NOT have enough.
Let me tell you why.
I won't sugar coat it. It has been a rough month for people investing in Bitcoin and also cryptocurrency in general. We've gone from thinking we're all going to get rich in a flash to thinking the bull market is probably over. I was never of the latter opinion, instead believing that this "fix" was much more than most people would imagine. I've been saying the same thinking over and over in my posts for the past few months. A game is being played that none of us are familiar with. The players controlling the strings of this game are the ones who currently hold most of the power in this world. They control the markets, they control the governments and most importantly; they control us. By feeding us FUD, they make the average person believe whatever they want to believe. All you have to do is turn on the TV news from week to week. One week, the Bitcoin market exceeds the bullish one. With some of these "high" members of power also praising the Bitcoin movement. Stating that they believe the price of the coin will reach at least half a million dollars or more. Then you turn the news on again a week later and it's the complete opposite. These same people who were very bullish just a week ago have now completely reversed their opinion. They are now stating that they believe BTC is overvalued and will fall below 20,000. During this period, nothing has changed with Bitcoin's fundamentals. The only thing that has changed is the current mood that these high power players want you to feel. All you have to do is turn on the TV news from week to week. One week, the Bitcoin market is beyond bullish. With some of these "high" members of power also praising the Bitcoin movement. Stating that they believe the price of the coin will reach at least half a million dollars or more. Then you turn the news on again a week later and it's the complete opposite. These same people who were very bullish just a week ago have now completely reversed their opinion. They are now stating that they believe BTC is overvalued and will fall below 20,000. During this period, nothing has changed with Bitcoin's fundamentals. The only thing that has changed is the current mood that these high power players want you to feel. All you have to do is turn on the TV news from week to week. One week, the Bitcoin market exceeds the bullish one. With some of these "high" members of power also praising the Bitcoin movement. Stating that they believe the price of the coin will reach at least half a million dollars or more. Then you turn the news on again a week later and it's the complete opposite. These same people who were very bullish just a week ago have now completely reversed their opinion. They are now stating that they believe BTC is overvalued and will fall below 20,000. During this period, nothing has changed with Bitcoin's fundamentals. The only thing that has changed is the current mood that these high power players want you to feel. members of power also praise the bitcoin movement. Stating that they believe the price of the coin will reach at least half a million dollars or more. Then you turn the news on again a week later and it's the complete opposite. These same people who were very bullish just a week ago have now completely reversed their opinion. They are now stating that they believe BTC is overvalued and will fall below 20,000. During this period, nothing has changed with Bitcoin's fundamentals. The only thing that has changed is the current mood that these high power players want you to feel. Members of power have also praised Bitcoin's movement, saying they believe the coin's price will reach at least half a million dollars or more. Then you turn the news on again a week later and it's the complete opposite. These same people who were very bullish just a week ago have now completely reversed their opinion. They are now stating that they believe BTC is overvalued and will fall below 20,000. During this period, nothing has changed with Bitcoin's fundamentals. The only thing that has changed is the current mood that high powered players want you to feel. now they have completely reversed their opinion. They are now stating that they believe BTC is overvalued and will fall below 20,000. During this period, nothing has changed with Bitcoin's fundamentals. The only thing that has changed is the current mood that these high power players want you to feel. now they have completely reversed their opinion. They are now stating that they believe BTC is overvalued and will fall below 20,000. During this period, nothing has changed with Bitcoin's fundamentals. The only thing that has changed is the current mood that these high powered players want you to feel.
It's a game of accumulation. Amazingly, many of these groups were very late to get into Bitcoin. This is one of those rare opportunities where the "little guy" had the chance to go in first. To completely change their lives. This chance is still alive. But time is running out, you must act now. Like I said, it's a game of accumulation. These groups are now getting into Bitcoin and want as much BTC as possible. They want yours and they want you to sell it to them at a discount. And the shocking thing is; they all did just that. Say what you will about the whole Elon Musk situation. Despite being one of the richest people in the world; there are still people above him controlling him. People he relies on to keep both Tesla and SpaceX running. It' Very possible that these "top" people forced Elon to FUD Bitcoin and just look at the results. They were able to buy bitcoins at prices of 50% or more.
Who are these powerful groups? Well yes, there are ultra rich just like Elon Musk. The richest people in the world. But even above them are the hedge fund groups. Think Blackrock, the banks. Then there are super-rich people who don't flaunt their wealth. At one point, Elon Musk was named the richest man in the world. But if you think about it at this point, he was actually the richest man in the world; I have a bridge to sell you. There are players around the world who have much higher wealth but don't broadcast it. These are the people who run things. And then there are countries. With the way the world is going towards; it seems increasingly likely that the US dollar will lose its title as the world's reserve currency. If this happens; we will not go back to a gold standard. There is no other currency of possibly another country that would take up the mantle Bitcoin is the most likely option. The parties are aware of this fact; and the race to accumulate began. But if the biggest countries in the world announced this; like the US, the price of BTC will instantly reach over a million dollars per coin. I cannot stress how serious this is. These countries try to accumulate as much as possible in secret without anyone being the wiser. They manipulate the market to accumulate more. Do you think the timing of the recent China FUD news is just a coincidence? It was planned. And it worked out in their favor. The largest states have declared this; like the US, the price of BTC will instantly reach over a million dollars per coin. I cannot stress how serious this is. These countries try to accumulate as much as possible in secret without anyone being the wiser. They manipulate the market to accumulate more. Do you think the timing of the recent China FUD news is just a coincidence? It was planned. And it worked out in their favor. The largest states have declared this; like the US, the price of BTC will instantly reach over a million dollars per coin. I cannot stress how serious this is. These countries are trying to accumulate as much as possible in secret without anyone being the wiser. They manipulate the market to accumulate more. Do you think the timing of the recent China FUD news is just a coincidence? It was planned. And it worked out in their favor. Do you think the timing of the recent China FUD news is just a coincidence? It was planned. And it worked out in their favor. Do you think the timing of the recent China FUD news is just a coincidence? It was planned. And it worked out in their favor.
But now there is a new chapter in this game. The big players wanted this hoarding game and this move toward Bitcoin as the world's reserve currency to be secret. Of course, powerful countries could afford to keep this silence. But for poorer countries; they stand to gain much more if they make their intentions known to the world. And that's what happened.
Just this weekend at the Bitcoin Conference in Miami, the President of El Salvador announced that Bitcoin will become legal tender in his country. He changed his Twitter avatar picture to a laser eye picture. Let me repeat that; a real president of a country has changed his twitter photo to a bitcoin laser eye photo. While many bitcoin skips will argue that it doesn't matter because El Salvador is a small and poor country. But I am here to tell you that this is the biggest news that has ever happened in the Bitcoin space. I would go so far as to say the cryptocurrency market as well. Slowly and then suddenly. Nobody wants to be first, but nobody wants to be last. After the first country announced its intentions, I believe the next country will soon follow.
A similar situation happened last year regarding corporations investing their cash reserve in Bitcoin. For the longest time, there was no public company that did this. Then Microstrategy came out with its news and relatively soon after many other companies also made announcements. For those of you who have been in the Bitcoin market since before the whole Covid thing started. Do you even remember how different the market was? It's crazy to think about everything that has happened and how quickly things have progressed.
The announcement from the President of El Salvador was the "shot" that was heard around the world. Bitcoin will never be the same. This is the moment many of us Bitcoin enthusiasts have been waiting for. Whether you like it or not, the world will be made up of haves and have-nots. Those who have Bitcoin and those who don't.
As I mentioned above; it's not too late to get into bitcoin. If everything I said comes true, Bitcoin will be worth several million dollars per coin on the low end of things. That's why you should keep dollar cost averaging and take advantage of these amazing markdown buying opportunities.
So to answer the question how much bitcoin should you actually have? The answer to that is simply as much as you can. This will be the largest transfer of wealth the world has ever seen; don't forget to do your part to take advantage of it. I can only imagine how devastated one would be if it was always a cryptocurrency or bitcoin stickler. Only to lose confidence and sell during the recent FUD or stop buying. One feels sorry when Bitcoin reaches its peak potential.
As far as I'm concerned. This recent bitcoin FUD doesn't affect me. I've done the research and I'm completely convinced of where Bitcoin is going. The recent announcement from the President of El Salvador has repeatedly reinforced this conviction. I'm doing my best to take advantage of this price drop and stock up as much as humanly possible. At the end of the year we will look back on this recent period of FUD and wonder why we can see through the smoke and what to see what is really going on.
What about you? How much bitcoin do you think you should have? Were you able to see through the FUD and see the game actually happening?