In a recent exchange on social media platform X, veteran crypto educator Davinci Jeremie addressed a common misconception about Bitcoin and wealth accumulation. Responding to a user”s inquiry about when Bitcoin would “boom,” Jeremie provided a straightforward message: relying on Bitcoin for a sudden financial windfall is a flawed strategy.
Jeremie stressed that Bitcoin should not be viewed as a quick route to riches. Many newcomers to the cryptocurrency space approach Bitcoin as if it were a lottery ticket, focusing solely on price movements and asking when it will “moon.” However, Jeremie pointed out that Bitcoin was never intended to make anyone rich overnight. Its fixed supply and gradual adoption rate mean it rewards those who commit to holding it through various market cycles rather than those who are waiting for a singular price surge.
The educator”s philosophy is encapsulated in the concept of “Time plus Stacking.” This approach consists of two key components: stacking, which refers to consistently purchasing small amounts of Bitcoin regardless of its current price, and time, which emphasizes the importance of holding Bitcoin for years, or even decades. By adopting this strategy, investors can alleviate the stress of attempting to time the market and instead concentrate on accumulating satoshis over time.
Jeremie also criticized the notion of investing in Bitcoin based on hope. He clearly articulated that Bitcoin is not a tool for generating wealth; rather, it serves as a means to preserve the wealth that individuals create through their work, entrepreneurship, or skill development. As fiat currencies continue to lose purchasing power annually, Bitcoin, with its capped supply of 21 million coins, presents an opportunity for long-term value preservation. However, this preservation is only effective if investors comprehend the true nature of what they are acquiring.
For those still pondering when Bitcoin will experience its next boom, Jeremie”s advice is telling: the very question reflects a fundamental misunderstanding of the asset. True wealth generation through Bitcoin lies in understanding its purpose and employing a disciplined approach to investing.
