Before you buy Bitcoin... Part 1
Bitcoin, like everything else in this world, was not created for you to make money... You need to understand that today and not get caught in the clutches of manipulators tomorrow. Cryptocurrency market is a platform where you can realize your goals, if you do not set them exorbitant of course. Like: buy, hold and do not sell in any case (bitcoin - is the salvation of mankind, it will make you a billionaire), I do not believe in it. I approach cryptocurrency analysis very fundamentally, including Bitcoin. As an investor, I have a certain strategy for entering and exiting the market. I also rely on the "theory" that I always use before I buy or sell Bitcoin. And today I want to share a small part of this theory with you. You may not like it. But it is exactly what helps me to look at the market soberly, predicting the price movement and making money on it.
Who created Bitcoin and why?
The group of people who created Bitcoin... "Beautifully packaged Blockchain technology and made it available to the world in the form of Bitcoin" knew exactly what would happen to it over the next 10 years. Who would support it and how it would evolve. The technology behind Bitcoin it existed before and was described in 1991. I think Bitcoin as a project it justified its creators. But "if" it was my development, nobody would have invested in it... It wouldn't be traded on Chicago exchanges and we wouldn't be talking about it today. Because Bitcoin was originally created for online transactions. People who studied Blockchain technology in 2009-10; standing at the very origins of Bitcoin and holding thousands of coins in (hands) could not even assume that Bitcoin would be chosen as Blockchain; and that in the next 10 years someone would invest in marketing, creating history and pumping money into Bitcoin.
Bitcoin can be copied ad infinitum...and it wasn't the first of its kind, there were others. But today it is recognized as a digital asset that is convertible to any world currency(dollars or euros) and traded on the Chicago exchange. And we know that not everything that deserves to be traded there is traded on the Chicago Stock Exchange.
Conclusion: We will never know who created Bitcoin. But it is definitely not a derelict asset, it is completely controlled by someone; and it is definitely not created for you and me to get rich. When you buy Bitcoin and see it go up in value, you slowly lose touch with reality. And those people, who solely believe in the peoplehood, honesty, complete decentralization, even anonymity of this asset, are very mistaken, and they need to understand that today, in order not to get into the clutches of manipulators, blindly believing that Bitcoin is the salvation of humanity and that it will make you rich. More likely, it will make you poor.
Subscribe to the blog so you don't miss out; In the following article: Bitcoin is a great and convenient tool for manipulation, especially if you have the bulk of the Bitcoin issue in your hands.
