U.Today – Ki Young Ju has reiterated in a recent series of tweets that it is the best strategy, echoing the views of Michael Saylor. The cryptocurrency community is united and purposeful due to the emphasis both influencers place on the simplicity, clarity, and consistency of Bitcoin's value.
MicroStrategy CEO Michael Saylor has been a well-known Bitcoin proponent. The chart showing MicroStrategy’s performance since August 10, 2020, demonstrates the remarkable returns his company has achieved by implementing a Bitcoin strategy. MicroStrategy is up 1206%, which is much higher than major indices and assets like Nvidia (NASDAQ:) and Tesla (NASDAQ:), as well as Bitcoin itself, which is up 442%.
Ki Young Ju supports this philosophy by emphasizing Bitcoin’s long-term potential. The current Bitcoin data he observes is similar to the sideways movement occurring in mid-2020, when older whales transfer their holdings to younger whales on the chain.
An essential component of Bitcoin’s decentralized structure is the wealth transfer that occurs within its ecosystem, ensuring that the asset is distributed across a larger group of holders rather than concentrated in the hands of a select few. Ki Young Ju highlights that there has been no major price surge following the halving and that ordinary investors have not yet overheated the market.
This observation implies that there is still room for the market to rise and that a bull run may be approaching. According to Ki Young Ju, Bitcoin’s bull runs are usually short but intense and abrupt, highlighting the need for investors to be patient. At the core of Bitcoin’s ethos is this idea of perseverance and long-term thinking.
Proponents of this strategy develop and mature, and as they do so, they pass on their knowledge and beliefs, strengthening the community through a cycle of advocacy and education. The belief that Bitcoin’s value proposition is passed down through generations reinforces its status as a hedge against conventional financial and store of value systems.
This article was originally published on U.Today
