Three reasons to Hold Bitcoin | Revolution, Value, Risk

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Bitcoin can be held for several reasons. Whether you're a crypto trader, an individual investor, a financial advisor, or a company. Everyone has different reasons for holding Bitcoin. In this video, we break down the top-3 reasons to hold Bitcoin.

What we talk about:
00:00 - Intro: Who holds Bitcoin?
01:55 - The Bitcoin Revolution
04:20 - As a global financial system
06:15 - The Bitcoin-Macro view
10:00 - The Bitcoin-Micro view
13:00 - Know your Bitcoin camp
14:12 - Know where your fit

The first is the 'Bitcoin Revolution.' These are the early adopters of Bitcoin. The ones who buy Bitcoin for what it was created, which is a permissionless, universal, decentralized currency. These people hold, or hodl (hold on to dear life) to Bitcoin as a medium of exchange. This means they use the cryptocurrency for transactions across the world.

Next, we have the macro investors. These investors buy Bitcoin because they see it as a 'store of value.' This means they see it as an asset that can retain its value over time. Since Bitcoin has a limited, (21 million) decreasing and verifable supply, the store of value argument holds strong. Especially when the cryptocurrency is valued against fiat currencies that have an unlimited supply.

Lastly, we have the micro investors. These investors simply want to buy Bitcoin as a means to diversify their assets. They dedicate 3-5% of their portfolio to Bitcoin and maybe even other cryptocurrencies. These investors simply look at Bitcoin as a hedge for their larger portfolio, They trade and invest in the crypto's volatility and rebalance their portfolios every few months. This could be through a Bitcoin ETF, on a crypto exchange or a hard wallet.

These are the three reasons to hold Bitcoin. You could hold them for a single reason, a combination of all three. But know what your reason is. This will give you perspective, prevent you from deviating off the path, and know when to sell, if at all.

Enjoy the video!

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