Bobby Lee: “Bitcoin Is A Revolutionary Sound Money”, Answers When Best Time To Buy Bitcoin
Well-respected crypto analyst and co-Founder of BTCChina, Bobby Lee, has been on a tear recently, with the altcoin savant tweeting out various messages in support of Bitcoin over the past couple of days. Through his tweets, Lee was seen giving people advice about when and how much Bitcoin to buy during this present bear market.
When to BUY #Bitcoin?
1) if you understand that it’s #revolutionary as new #SoundMoney
2) if you dont own any / dont own enough
3) then buy it NOW regardless of priceWhen to SELL Bitcoin?
1) if you’ve made 20x return or more
2) then sell SOME to diversify, but NEVER sell it all— Bobby Lee – Ballet: Simple & Elegant Wallet (@bobbyclee) December 1, 2018
Not only that, via his tweets, Lee was seen trying to explain to the masses why BTC is the currency for the future. Elaborating on his stance, he said that Bitcoin was a “revolutionary form of money” that could change the way in which money changes hands (moving forward).
In addition to all this, Lee then went on to expound on the benefits of Bitcoin’s underlying P2P technology called Blockchain— calling it one of the best methods of keeping records safe and immutable in today’s hacking-prone world. Lastly, Bobby went on to state the importance of decentralized networks and how Bitcoin is a gamechanger since it is not monitored/ owned by any single government or centralized authority.
People endorsing #STO & regulators issuing exchange licenses; they’re all missing the point about #Cryptocurrency! Tokens & ICO/STO are just evolutionary from traditional paper securities, which are ultimately all #centralized.
The real revolution is #Bitcoin, as NEW #SoundMoney.— Bobby Lee – Ballet: Simple & Elegant Wallet (@bobbyclee) December 1, 2018
More On The Matter
Another reason for buying Bitcoin as per Lee is that, due to the sluggish market conditions that have engulfed the global financial sector right now, even those individuals who did not have the funds to buy the premier altcoin previously can finally get a piece of the action.
Last but not least, Lee also stated that “one should buy Bitcoin irrespective of its current price”. This is because he believes the digital currency industry is here to stay for the long-haul and that moving forward, the premier altcoin is bound to make a recovery once again.
Final Take
While many individuals continue to call Lee a “Bitcoin evangelist and dreamer”, some of the points put forth by him do make a lot of sense. It now remains to be seen if investors do actually take his advice and start pumping in more money into BTC in the coming few days and weeks.
Add comment