No hype lasts that long. What can stay this long is doubt, if not fear, about something new. Change is certainly something many are afraid about. You can touch Gold, build real estate, see land, and it all has history, but that history also includes in all tangible asset classes there to be times when it got taxed or seized.
What we are facing now could be a larger cycle that one might intellectually grasp, but who does believe that we see times of hyperinflation and the dollar rendering worthless. Very few. Hope is a natural tendency of the human spirit to be trusted in at times of adversity.
In our opinion, that is the only reason why Bitcoin is still so cheap. And herein lies the opportunity for each individual to still preserve their wealth and or create it.
Bitcoin in US-Dollar, daily chart as of June 14th, 2021
Consequently, to our conviction that Bitcoin can not be thought away anymore, we took three low-risk entries after Bitcoins’ recen