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When the bitcoin price is down, you only need to ask yourself three (3) questions

Published August 20, 2025
Joel Bomgar
by Joel Bomgar
YouTube Video Transcript
00:01 When the price of Bitcoin is down, you 00:02 need to ask yourself three questions. 00:04 One, do humans still use money or have 00:07 we gone back to barter? The answer is we 00:09 always still use money. Number two, are 00:12 there more than 21 million Bitcoin? The 00:14 answer is never yes. We are always just 00:17 21 million Bitcoin. There will never be 00:19 more than that. It is still the scarcest 00:21 thing in the world. Number three, is the 00:24 Bitcoin blockchain blockchain still 00:26 processing transactions? The answer is 00:28 yes. It's always processing 00:30 transactions. That's never going to 00:31 change. And so because those three 00:33 answers are always yes, there is one, we 00:37 still use money. Two, there is still 00:40 only 21 million Bitcoin. And three, the 00:42 Bitcoin blockchain is still processing 00:44 transactions. Then it's always a good 00:46 time to buy Bitcoin. And you never need 00:48 to worry about whether something's wrong 00:49 with Bitcoin or something's, you know, 00:51 off the rails. It's just supply and 00:54 demand for very temporarily. Someone 00:56 wants more of something else other than 00:58 Bitcoin, give it a little time and they 00:60 will want more Bitcoin because they will 01:02 always eventually want more Bitcoin 01:04 because it's the best money in the 01:05 world.

Disclaimer:

The content provided in this post is for educational purposes only. It should not be considered financial, investment, or trading advice. I am not a licensed financial advisor, and all opinions expressed are my own. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Investing in Bitcoin or any other assets carries risk, and you should never invest more than you can afford to lose.

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