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RE: Bitcoin Blood in the Streets | Be GREEDY!
just watched this video on youtube and came over here. Very helpful, I definitely will buy a little more BTC in this dip. These dips are always the same, yet it is still hard to control your feeling, just like you said.
I have one question: You say "BTC's first mover advantages are always gonna stay very very hard to get by". Can you explain in one or two sentences why you think that way?
Because most people who hear about this space only know about Bitcoin, meaning a lot of the new capital flows to it and it only. A lot of time is being invested into Bitcoin over other cryptocurrencies since there is incentive to do so. The financial world is all aggregating around Bitcoin now with futures, options and ETFs. And in the event of a sustained bear market, Bitcoin tends to thrive while altcoins get slaughtered.
In most taste tests Pepsi wins yet Coke has 50% more market share. Coke came first. Bitcoin came first. The general population has never heard of ethereum or other coins. BTC has top of mind awareness. Big advantage.