Bitcoin is an incredible monetary revolution that will change the world of the future for the better for hundreds of millions of people. To tell the truth, I must have already started at least one of my previous articles with this assertion which is a fundamental truth to understand in my eyes.
Once you have read this statement, you may agree with me.
If you do, it may not help you to really embrace the Bitcoin revolution and be among those who will benefit the most in the future. The reason for this is simple in my opinion: we all have difficulty balancing a long-term vision with our short-term actions.
You want to live a better life in the future, but are you willing to act in the present to do so?
We all want to live a better life in the future, but very few will make the effort in the present for many years to come to achieve it.
With Bitcoin, this is exactly the problem today. You have to learn to reconcile your long-term vision of this revolution with the short-term vision you may have.
In the long run, it seems obvious to me that Bitcoin will see its market cap exceed that of gold. It is only a matter of time. However, no one can give you an exact date of course. It could take 10, 20, or 30 years. And that's what makes it so difficult for you to take action in the short term to be among those who will benefit from this currency revolution.
The perfect time to buy Bitcoin is always now if you really understand what Bitcoin gives you.
Bitcoin is an accumulation game for years to come. The more BTC you accumulate, the more you will be able to live your life on your own terms in the future. Buying Bitcoin and becoming a HODLer no matter what is like making a bet for a better future.
By focusing on the long term, you will stop being stressed by events that only have a short term impact
It's not easy to have this ability to think long-term. But that's what you'll have to learn to do to take full advantage of Bitcoin in the years to come.
If you can do this, you will stop obsessing about the price of Bitcoin in the short term. The price of Bitcoin was $40K yesterday, and it's $38K today? That doesn't change what's in store for Bitcoin in the future. Does China ban Bitcoin? This has a major impact on the price in the short term, but in the long term, it will be extremely bullish for Bitcoin.
As you can see, with every event, you have two ways to react:
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The wrong way is by focusing on the short term.
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The right way is by focusing on the long term.
Those who focus on the long term take advantage of this to accumulate more BTC in an orderly fashion. This is done with a DCA (Dollar-Cost Averaging) buying strategy. Little by little, you will increase the amount of BTC you hold.
Your initial goal will be to own 0.01 BTC, then 0.1 BTC, then 1BTC. And so on.
You will have no other limit than the one you set for yourself. You choose how much money you want to protect from the ravages of currency inflation in the world's most secure decentralized system. You have the power, and you will choose to exercise it with Bitcoin.
Final Thoughts
The day you can reconcile your long-term vision with the short-term view of events, then you will be able to adopt the only philosophy that works with Bitcoin:
Think in decades, Act in days.
It's up to you to decide whether you want to take control of your life or not. If so, Bitcoin will be your best ally.
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