Ep. 3 – How to Respond to Bitcoin’s Recent Fluctuations/Volatility

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Alli’s quote

  • TLDR: Bitcoin is still functional as Bitcoin
  • Supply and Demand are different
  • Bitcoin longterm is on an upward trend

Nate’s River Experience

  • Sees fluctuation of value of Bitcoin
  • Is Bitcoin like the Stock Market?
  • Bitcoin is a commodity, not a stock
  • It fluctuates similarly due to the similar supply and
    demand element
  • Historically it’s always gone up (since 2008)
  • From a penny to $108,000
  • Best use – long term store of value for young people
  • Consider what stage of life you’re in
  • Freedom to cash in Bitcoin whenever you want!

Bitcoin Encouragement

  • Plan with safety net
  • Take into account possibility of things going down
  • Consider how it is most helpful to you

Conclusion

  • Remember what Bitcoin is and that it has not changed
  • It goes up and down in price point, but longterm has incredible value, and will likely go up
  • Bet of Bitcoin freedom to do what you want with your own money
  • Belief in the idea is the key
  • It’s terrific for human fourishing
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