Bitcoin is going crazy, the street is going dumb

  Bitcoin reaches new maxima. It first re-established ATH, the value of which is in dispute between $ 19,600-19,900, then overthrows $ 20,000 to finally hit $ 24,000 in a very short time. And for the fourth year running, I hear the same crying from people who don't understand bitcoin. "Now 24,000 tomorrow 3,000" "Financial pyramid" "Internet fraud" blah blah blah. Best of all, banks are buying bitcoin, financial institutions like Grayscale, Jefferis also want to grab the bull by the horns, JPMorgan, who first shouted the loudest that bitcoin is a scam for a long time also has bitcoin. The street that came out too early or bought bitcoin at the top in 2017 cannot come to terms with the failure they brought themselves at their own request.

The article is not an investment advice, but only individual thoughts.

Even when bitcoin was down, I watched it adapt. Has it fallen? Has grown? What is the significance of this in the years since it was created since its adaptation continued to encompass more countries, services, and increased trust. For me, the correction was only a transitional period, for the wealthy a period of accumulation, and for others, it was a period of criticism by those who understand Bitcoin the least. JPMorgan already claims that if bitcoin capitalizes around gold, it could be worth $ 650,000. By the end of this year, some are optimistic that bitcoin will be worth between $ 100,000 and $ 300,000.

Some time ago I told my grandma that bitcoin is a much better investment than in deposits and bonds. She gave me a few zlotys to buy this bitcoin. Within six months, I had texts like "And here they wrote that this bitcoin is a financial pyramid". Translating what a financial pyramid is and what bitcoin was like fighting a windmill. Oh my world, you do not even know how satisfied her face gave me when she heard that from the moment I bought her this bitcoin to this day, she has 100% profit, which she will not get from any investment or bond in the same time perspective. This face will remain in my memory even if I have dementia in old age.

Such situations show me one thing all the time - people don't understand, but they keep talking. Because it's easier to speak than to understand. It's easier to read what someone wrote and repeat than to come to conclusions yourself. People don't educate themselves and then go to charge money to financial institutions that care about their commissions, not the client's money. This is a drama, drama, drama ... I hope that people will finally start educating themselves, but the Polish government will not take this away from us if we take care of it. Knowledge and mind - only not from school, but from people who achieved success in life thanks to their streaks of victories and losses. There are so many other people to learn from, instead of loading the thought patterns of Polish schools into the minds of children who cannot then settle their taxes or start their own business.