Many of you have learned from reading my posts that I am a true Bitcoin OG from many years back. I have loved this currency since the day I UNDERSTOOD how it actually worked and how the blockchain worked. Through all the ups and downs of bitcoin I have had many wins but I have also made many mistakes. One thing that I've learned along the way is that holding when you don't know what to do has been the best play for sure. I have made lots of trades in and out of other coins, but if I would've just held my bitcoin from the very beginning I would be in one phenomenal position .
I urge you not to be tempted to sell your bitcoin during this rise to take profits in the short term and miss out on the mega gains that are leading up to the year 2020 when bitcoin will have its block chain reward cut in half. This is a very important date and you newbies who do not understand how a block chain works please educate yourself on why it is smart to hold. While I wholeheartedly advise you to take small profits off the table, which I have done myself, I urge you to look at the big picture and what might be down the road. The amount of bitcoins you hold now will be so incredibly powerful 10 ,15,20 years from now it will be beyond your wildest dreams and imagination. Hold your coins with a strong hand, protect your coins on a Trezor wallet, go along and get rich!
Are any of you guys out there scared to buy bitcoin right now? I am not scared to buy at this price. I am often asked by my friends and people in my crypto coin circle if I think bitcoin will continue to go up. If I had 1/10 of a Bitcoin for every time I've been asked this question I think by this time I might own all 21 million of them! The simple answer is yes bitcoin will go much higher even while everybody says it won't .
Satoshi Nakamoto was smart, he understood computing but he clearly also understood money and corruption, he knew what he was doing. The hardest step is the first step to actually set up yourself an account where you can buy bitcoins. Once making that step and making that initial purchase everyone is naturally nervous about their money. The first time you see bitcoin go up you will be hooked forever! Bitcoin is absolutely the most exciting thing I've ever seen in my lifetime. I don't know if it's the world currency of the future , but I do know it's here to stay and if that's the case it's time for everyone to get into the game at some level. The way I see it you can't afford not to own Bitcoin!!!!!!!.
The OG Broncnutz ~
Thanks to what you've been writing about Bitcoin, I purchased my first (bit of) Bitcoin last night and wrote a post about it.
You were not the only influence, of course. I've been thinking about Bitcoin for a long time. Just took me a while to understand what was going on. Steemit is now my go to place to learn about crypto... and other topics, too.
Good for you man! Think of it this way.....you have only 1btc but you have a DUMP TRUCK more than 99% of the rest of the world. I bet you make 10 k on it by 2020. I wouldn't even be surprised to see 10 by Jan. Bitcoin is a beast. Now order a Trezor, don't think about it, don't try to get around it, do it right now! It's the only way you own the coins, and I know you own metal so this is something that you should clearly understand. I'll do a video about this tonight.
I have it in a private wallet, not on an exchange. I hold the keys :-)
Thanks, your enthusiasm is contagious. I don't quite have 1.0 BTC... yet. I just took a small step towards that. I plan on buying some every week.
Well good news! You are much more ahead than most.
I owe my financial freedom to Bitcoin. Bought my first batch in 2011 for $1000. More about this "rags to riches" saga shortly on my week-old blog.
Good for you brother! I love rags to riches stories. I'll be watching for it.
Most people i believe are scared of a currency thats not able to be touched, so they think its fake, i believe out of a hundred people ive tries to tell only one listened and learned.
Im like you believe in stocks[untouchable and controlled] news[not real most the time] and wasting time on other social media and other fads when this cryptocurrency only 7 years old, ten years from now i beleive alot of naysayers will regret it.
I'm in the same boat as you. I've tried to tell thousands of people about bitcoin and crypto currency's and most of them ignore me and laugh at me for even approaching them with something so absurd. I select few have listened and all of them have made piles and piles of money. The top 10% smartest people in the world always control The other 90%. Welcome to first class and To the top of the food chain you're gonna like it up here.
Everytime i see Bitcoin price going up i curse that day when i lost 0.5 BTC (230$) on soccer bettings XD, and now i have something like a bitcoin Trauma (damn you real madrid). The Good thing that i'm now cured of my bitcoin gambling addiction XD.
I bought 1 oz of gold when gold was 1500.00 with BTC which was around 30.00. The transaction cost me 56 friggin bitcoins!!!! Oh my lord....it still hurts me thinking about that day. Now 56 BTC buys you about 150+ ounces of gold.
I think crypto will be money of the future. Block chain that stores all transactions on all computers, heck yeah, fully digital, nontangible...heck yeah it's the future. It just needs the technological infrastructure to make it happen. It's like saying the combustion engines are travel of the future without all the highways. You need some serious processing power to transact all those stored blockchains everywhere. That's why I'm also so bigly on semiconductors, esp gpus/
Now here's another question: Are we prepared for when block chain gets fully implemented?
Go words right here my man! Thank you for reading my blog. ✊️
I'm def. going to be rich! Wait and seen.
We fixin to get paid like Snoop! 💪🏽🤑
I never sell I always HODL!
That's what I'm screaming
It's crazy to see how only a few weeks ago the total market cap was nearly half of what it is now.
It is amazing to see all this confidence and investments into the market and we may be able to hit $200 billion in no time.
Great to see how Steem is going and the target of nearly $5 is plausible.
Let's hope this keeps going! :)
I'm not sceptical, I think in the long term it will prosper highly and you can already see it happening now
for those who said it is going to 4k$ prediction in this year looks pretty correct !!
Great post my friend! I'm always buying BTC and some other cryptos. In a few years the BTC will be worth much more, certainly :)
Upvoted and resteemed
Watching Crypto increase in value is addictive. Adding coins to your wallet is addictive!!
:-} love this post.....thanks for share..waiting for your next post ..
Plz upvote resteem and follow me @devrajlove
😎
Following
It is hitting alltime highes for a copple of months allready. 4k this year wil happen like many predicted.
Keep on Stackin.... always :)
when others are fearful you should be greedy... yes this is what applies to BTC now for those who are really confused....those who are having a wide and long vision and plan for 5,10 years like that its still at a wonderful position to take a buy call,and then just forget about it. Bigger the time frame less will be the noise, less will be the fear and more precise would be the target. thank you, very nice post.
Over the tenps it shows that Bitcoin turns out to be solid and stable over time so yes people are confident if not everyone would sell and that would be the spit.
I think it is a small speculative bubble, the value has terribly risen for three days
It's going way higher 😀
Yes i believe in Bitcoin , i think it will reach 5000$ in the end of this year maybe more , investing in Bitcoin right now is too late , we have to invest in crypto with great potential and underevaluted , like GNT ,XRP etc , its will be huge when the price increase ( sorry for my english , i do my best )
I truly believe in a blockchain based world reserve currency. If it is going to be Bitcoin no one knows, but Bitcoin is probably the biggest favorite for that position in the current market.
My biggest concern is that we settle on an old technology. We already have coins with faster transaction speed and more uses so why go with the first coin just because it is the biggest?
Anyhow, I love Bitcoin. Satoshi was so ahead of his time and the world will prosper because of it.
Thank you for a great post
@ronni
Think of it this way.....we need to have BTC be the peg because it the only "pure" coin left with no centralized authority, no face....just Satoshi. The other coins all will be valuable and have a place in our world, they will be the markets and the transactions. Gold is a "slow" currency, just like BTC. There is room in this space for all of the coins in a global market.
Great answer! For comparison, gold has been increasing in value steadily over time :)
Thanks for keeping me educated. I seem to learn more about blockchain technology every time I read one of your posts.
thanks!
I'm. More scared of being robbed later on then to get rich , it's a scary world out there but it's best to HODL in the crypto market right now with these rises to the moon @broncnutz
Buy and hold, every trade a little amounts.again and again.today is little tomorrow may be Huge amount,i love this game that buying hope.
We might not see selling frenzy for a while
I think bitcoin price will be fall down and up again 5000+.....
im def going to be rich. lets wait and watch
well said and very good article! In the beginning I was a little scared aswell. Now The only thing i see in my mind is having my own car house and swimmingpool!
Bull run of BTC will continue till 2020 and beyond and now its going to be a one sided journey and every dip is going to be a potential buy, so try to accumulate as much as possible. @broncnutz i request you to have a look into this which i posted...i have something for you in this https://steemit.com/adventure/@shivohum2015/that-s-incredible-is-not-it
Buying bitcoin at around 3500$ might seem a really good buy in like we see the 300$ good buy in at the moment. Imagine bitcoin 30.000$. Wouldn't you want to buy a couple of them at the price of 3500$ ?
I guess no body scared of becoming rich. Yes through bitcoin anyone can become rich as it's getting higher and higher day by day.
It's always fun watching each time it doubles in value!
Ty for share ;)
I think crypto will be money of the future. Thanks For Share.
Im like you believe in stocks.
Best regards, join us @broncnutz
Buy and HODL. A great way to have great profits.