Bitcoin Well (TSX.V:BTCW OTCQB:BCNWF)

The Bitcoin halving is less than 29 hours away! What is so special about the bitcoin halving, anyways? The bitcoin halving highlights the protocol's ability to self-manage, despite having no CEO or employees. Participating in the bitcoin protocol is voluntary and open to anyone: bitcoin is a decentralized. Even as bitcoin grows and its price fluctuates, the production of blocks and new bitcoin remain incredibly constant, at an average of ~10 minutes per block.

Why does the bitcoin halving matter to you? Bitcoin halvings decrease the new amount of bitcoins that are created while distributing bitcoin in a transparent and fair manner. Bitcoin cannot be intentionally inflated, like fiat currency. For anyone holding bitcoin, this means that their bitcoin’s value and scarcity is safe. What happens to the price of bitcoin after the halving? Historically, the price of bitcoin enters an upward trend after the bitcoin halving, launching the price of bitcoin upwards. During the last two halvings of 2016 and 2020, bitcoin’s price increased by 2600% and 750%, respectively.

When is the Bitcoin halving? The upcoming Bitcoin halving will take place on April 19th, 2024 when the Bitcoin blockchain reaches a length of 840,000 blocks. What is a Bitcoin halving?  A Bitcoin halving is when the bitcoin’s annual inflation, or supply growth, is reduced by 50%. Bitcoin halvings occur regularly to ensure bitcoin’s supply grows to a fixed 21,000,000 bitcoin.

Each day, 385,000 babies are born, while only 900 new #bitcoin enter circulation. After the Bitcoin halving (April 19th), only 450 new bitcoin enter circulation per day. There will never be more than 21,00,000 bitcoin. Bitcoin is a unique asset with unique scarcity. Bitcoin's rise is just getting started.

Should you be a braindead investor? Surprisingly, the answer is yes. A 2014 Fidelity study analyzed investment performance for individuals from 2003-2013, and the results were shocking. The best-performing 401k accounts belong to either a deceased individual or someone who totally forgot about their investments/accounts. The fidelity study taught investors that their biggest enemy is actually themselves. Instead of timing the market, the most successful participants retained an investment for a long period of time. This advice is directly applicable to bitcoin. A bitcoin investor will be most successful if they make small regular purchases and HODL. Moreover, it is important for bitcoin investors to store their bitcoin on a wallet only they control. No exchanges and no bitcoin banks. Earning a bit of interest is never worth the risk of losing all of your bitcoin. https://lnkd.in/g-hrmNmT

When it comes to buying bitcoin, remember this sage advice:  "Time in the market is more valuable than timing the market." When bitcoin is $1,000,000 per coin, will it make a difference if you stacked at $50k or $65k? Not really. What matters is your time in the market. Stack sats regularly. 

As bitcoin continues to make new highs, text messages from friends asking about bitcoin will flood in. Lead them to a platform where the users control their bitcoin. Lead them away from trading, staking and gambling. Lead them to monetary independence. Lead them to Bitcoin Well.

Bitcoin Well Is Disrupting Bitcoin Ownership Bitcoin Well (TSX.V:BTCW OTCQB:BCNWF) (TSXV: BTCW) has been experiencing rapid growth for their non-custodial Bitcoin platform for North American users. Bitcoin Well enables individuals to buy Bitcoin through their network of Bitcoin ATMs or their technology platform, while maintaining full self custody of their Bitcoin at all times. What's happening, the big idea, and more: https://lnkd.in/eUXvgff5 Featured | cc: Adam O'Brien, Mitchell Demeter, Chantel Lillycrop, Dave Bradley, Erik Johnson, Chris Ledgerwood #bitcoin #digitalassets #digitalwallet #technology #fintech

Bitcoin is not a bubble; Bitcoin is the pin.

At $50k, the #bitcoin critics are taking notice, again. At $70k, the critics will be shocked. At $100k, the critics will be angry and trying to rationalize what is happening. Along the way, #bitcoin HODLers win