I received these recommendation that I found it good to share with the community about the bullish times we are experiencing today:
Bitcoin as a deleveraged haven
The price of Bitcoin is not associated with the productive capacity of a country, company or person, unlike stocks or interest rates, whose price is indexed to the performance of the agent they represent, company or country.
In this sense bitcoin is more like gold, albeit on steroids. It is 100% digital, easy to transfer and perfectly divisible. In essence they are only 1s and 0s in a database, but secured by the laws of thermodynamics.
But it is very volatile! Yes, although as a reference, since Bitcoin was born more than 10 years ago, there have only been 60 days where its price has been higher than the current one, that is, something like 2% of the time. Another way of looking at the same thing is that in the last 5 years the price of 1 bitcoin increased 3900% (almost 40 times), and the fact that it still does not represent even 5% of gold, makes me think that it still has a lot left to grow. It is true that the past does not have to reflect the future, but in this case it is not unreasonable to use it as a reference. And it is true that it is volatile, but on the upside.
But as savings. If you decide to buy bitcoins because you think their price will continue to rise, buy and forget for a couple of years. It is better to see it as savings than as a casino where it is convenient to try to guess what will happen in the short term. I say this because bitcoin is volatile, and even when the trend is - brutally - bullish in the long term, in the short term you could still go wrong. Be responsible and save with peace of mind.
If your wish, you may take the liberty of commenting. Greetings.
Credits for Guillermo de buda.com