The #1 Rule To Always Win With Bitcoin. 99.9% effective so far.

By ssaurel | In Bitcoin We Trust | 19 Oct 2021


The price of Bitcoin is back above $60K. Since October 1, the situation has changed in the Bitcoin world. The market has quickly gone from extreme fear to extreme greed.

As I write this, the price of Bitcoin is very close to breaking $63K and heading for a new ATH (All-Time High). It is only a matter of time in my opinion.

There are many reasons why I think Q4 2021 will be phenomenal for Bitcoin as I explained recently and as I explained back in July 2021 when the price of Bitcoin was in the $30K-$35K range.

HODLing Bitcoin has been a profitable strategy 99.9% of the time since its inception

The current price of Bitcoin allows us to have an interesting statistic: 99.9% of people who HODL Bitcoin are in profit right now.

Judge for yourself:

Those who bought Bitcoin at the 2017 year-end ATH are now largely in profit. Those who bought Bitcoin at the April 2021 ATH to the tune of $65K will soon be.

Looking at this Bitcoin price trend chart, I think you'll come to the same conclusion I did: the rule for always winning with Bitcoin is obvious.

The fact that it is obvious does not mean that everyone applies it to the letter. Many things interfere with the application of this rule, not least of which is the peculiar psychology of human beings who tend not to control their emotions.

This is how many people sold their BTC at a loss in 2018 during the Bear Market or in May 2021 when the banning of Bitcoin in China caused the price of Bitcoin to fall sharply. Seeing the price of Bitcoin drop from nearly $60K to just $30K in a few days scared many.

The number one rule is to buy Bitcoin, then be extremely patient

Taking advantage of Bitcoin requires only one thing: fundamental confidence in the Bitcoin revolution.

Once you truly understand why Bitcoin exists and what it will accomplish in the future, you will be able to be patient and change your life for the better.

The number one rule to apply will be much easier once you understand this:

Buy Bitcoin, and be patient no matter what.

It's no big deal once you get your emotions under control with your absolute trust in the revolution. The best thing to do is to take an iterative approach with this strategy while keeping your Bitcoin in cold storage.

The best strategy with Bitcoin is therefore composed of 4 steps:

  • Step 1: Buy Bitcoin (in DCA mode)

  • Step 2: Send Bitcoin to cold storage automatically

  • Step 3: HODL Bitcoin no matter what

  • Step 4: Repeat from Step 1

This plan may seem trivial, but you can see that it works 99.9% of the time with Bitcoin. A plan doesn't have to be complicated to work. The important thing is that it's good, and this one is excellent.

It's great because it relies on the exceptional system that is Bitcoin. As all the famous investors in the financial world say, the hardest part is not finding a good asset, but being patient once you find it.

That's what you'll have to do with Bitcoin to fully benefit from its revolution in the years to come. If you still have doubts, I invite you to go back to the original starting point: the Bitcoin white paper.

Everything starts from there, including understanding why Bitcoin exists. Once you're convinced, all you have to do is stick to the plan with Bitcoin. You will then be able to enjoy the Bitcoin revolution with complete peace of mind.


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ssaurel
ssaurel Verified Member

Entrepreneur / Developer / Blogger / Author.


In Bitcoin We Trust
In Bitcoin We Trust

In Bitcoin We Trust is a place where Bitcoin believers share their ideas about the upcoming revolution. Blockchain and cryptocurrencies are also covered in this publication.

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