Yet, none of this affected Bitcoin holders.They held firm and even increased their holdings over the next year. Despite complexities like geopolitics or Fed policy, the basics remain: supply and demand. With stagnant supply and increasing demand, the price is bound to rise. This aligns with Satoshi Nakamoto's insights, buying a scarce asset only drives its price higher.
The lesson is clear
Conviction matters. Accumulating and holding onto a scarce asset, regardless of volatility, can yield rewards. Looking ahead, with factors like the halving, potential policy changes, and a potential Bitcoin ETF approval, the next 18-24 months promise excitement. The world is slowly realizing the power of a dedicated group accumulating a scarce asset. it's an intriguing time for Bitcoin. Cheers to what lies ahead.
