CoinBytes with Alli Shaw

How to Respond to Bitcoin’s Recent Fluctuations/Volatility


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Alli’s quote

- TLDR: Bitcoin is still functional as Bitcoin
- Supply and Demand are different
- Bitcoin longterm is on an upward trend

Nate’s River Experience

- Sees fluctuation of value of Bitcoin
- Is Bitcoin like the Stock Market?
- Bitcoin is a commodity, not a stock
- It fluctuates similarly due to the similar supply and
demand element
- Historically it’s always gone up (since 2008)
- From a penny to $108,000
- Best use - long term store of value for young people
- Consider what stage of life you’re in
- Freedom to cash in Bitcoin whenever you want!

Bitcoin Encouragement

- Plan with safety net
- Take into account possibility of things going down
- Consider how it is most helpful to you

Conclusion

- Remember what Bitcoin is and that it has not changed
- It goes up and down in price point, but longterm has
incredible value, and will likely go up
- Bet of Bitcoin freedom to do what you want with your own
money
- Belief in the idea is the key
- It’s terrific for human fourishing
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CoinBytes with Alli ShawBy Alli Shaw