I'm often ask questions like "When should I buy bitcoin?"
My answer: Yes.
When you buy matters less than whether or not you buy and hold.
To be clear, it's not just about bitcoin (the currency) or Bitcoin (the protocol).
It's about cryptographically secure, immutable distributed ledgers. This is the best form of money ever invented, and it can not be manipulated or controlled by governments, banks, or corporations. If "bitcoin" itself shows weaknesses, other cryptocurrencies will increase in marketshare as we saw earlier this year.
The question isn't when you should buy. It's why you aren't buying today.
And yes, I get the chart won't always look like this. As I've said many times before, I watched bitcoin go from $1200 down to $250 in 2014 (and I didn't sell). The reason I didn't sell is because of content like this article from @falkvinge written in 2013: The Target Value For Bitcoin Is Not Some $50 Or $100. It Is $100,000 To $1,000,000. I thought it made a good argument in 2013, and I think it makes a good argument today as well. As Rick Fakvinge mentioned 4 months ago, his predictions have been quite accurate so far.
I posted this picture on Twitter and on Facebook because I realized this message needs to be repeated over and over again. Fiat currency is losing purchasing power and unless people hear about bitcoin enough to be sick of hearing about it, they won't spend the time to learn about it. If they don't learn about it, they may come to regret it in the future.
That's why I put together some videos at understandingblockchainfreedom.com. This stuff is hard to understand, but it can not only change lives, but change our world. It's worth understanding.
