A Bitcoin investor who's held since 2015 argues the current price is a buying opportunity because Bitcoin's market cap is still smaller than NVIDIA's, despite its potential as global financial infrastructure. Most investors make mistakes by chasing headlines and misunderstanding regulation instead of following the basic principle of buying low.
I started buying Bitcoin in 2015. I've never been shaken out of any of my position, but every time at the bottom, it's still hard to go in aggressively. I cannot believe that something that is going to be the foundation of the global financial markets has a market cap substantially less than NVIDIA. Oh, they're selling Bitcoin to buy SpaceX. Well, I don't think the average investor owns Bitcoin. Like, I think the hardcores do. It's buy low, sell high, and you're in this weird period of time where where people actually think that the Clarity Act has anything to do with Bitcoin, and it doesn't. Does anybody do research anymore? No, they read headlines. No, we all just look off charts. And so if you don't look at it as an opportunity, which it is, then there's an old saying, right? You don't want to be the dumb money at the poker game.
