If you fail to understand what the inelastic supply really means you may never get used to the upcoming face melting BTC blow up!
$Bitcoin (BTC.CC)$ People don't seem to understand that MOST of BTC's historical gains come from a very few extreme violent up move days that account for less than 5% of the total calendar days!
In fact if you MISS just 10 of best up moving days EACH year and EVERY year for last 16 years, you will end up LOSING MOST of the gains!
That's such a narrow window of opportunity to aim for!
And yet, most people are totally surprised by these face melting rocket moves, EVERY TIME they happen!
WHY?
Because they happen exactly at the time everyone LEAST expect them.
I'm not saying BTC will rise next day, week or even month from here. What I'm saying is that I won't be SURPRISED if and when it happens.
Regular volatility of BTC is a total blessing in disguise if one can understand a) the inelasticity of supply and b) overall eventuality of its direction and c) humbly and regularly stack it for ever.
Hopefully the new comers who get whipsawed back and forth trying to be cute will learn this simple yet profound lesson early in their investment journey and take advantage of the decades of compound growth.
If you're a Michael Jordan of trading this scenario is obviously irrelevant, but for the 99.9% of normal people like yours truly, this IS indeed the master key to the generational wealth that will outlast and outsmart all of us.
Best of success to everyone!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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30 plus years experience in investment but a latecomer to BTC since 2022. No sweat, it's the same human psychology!
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Carlosoo : This is what happens when preparation meets opportunity.
Fishkin : this market is creating some serious generational debt, every second person I come across has a path to generational wealth but none of them actually have it xD there is no easy way out boys, education will set you free not fucking bitcoin. and I love bitcoin