Bitcoin is not dead, despite people who bought in at the top saying it is

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·@melbourneswest·
0.000 HBD
Bitcoin is not dead, despite people who bought in at the top saying it is
![Bitcoin Not Dead.jpg](https://images.hive.blog/DQmYw2TU4HiRAkZjaqqBJTQ4TMcPdpD6DWVSSPu8hduKs9g/Bitcoin%20Not%20Dead.jpg)
### Bitcoin is not dead, despite people who bought in at the top saying it is
*"Bitcoin Is DEAD!"* Says the anti-government, anti-monetary hipster as he sips his Chai Latte after investing his entire welfare cheque in the Bitcoin peak of 2021. 

These words are further echoed as 250LBS of Iron drop from a height of 1 meter as the shredded bro yells his Crypto advice across the gym to the people he was shilling tokens to six months ago talking about how Crypto will end the current banking system because *"It just makes sense"*. Unfortunately for him he too bought in the peak of 2021. 

![chad.jpg](https://images.hive.blog/DQmSuqmRVn48sUny6qwYgkhx4AnR2h6b3e1kpHXZQ8sq17o/chad.jpg)
Unfortunately for Chad he made a life long decision to get a Bitcoin permanently tattooed to his chest much like the Hipster with his Bitcoin tattoo on his right upper arm so he can still wear a shirt and no one can see his tattoo. 

But like all things these aren't the kind of people you should be taking financial advice from and in all truth no one can call **Bitcoin Dead** because it's just like calling Gold dead. Bitcoin is the Gold standard of Crypto currency and still has a strong market. 

I can't help but point you all to my previous article [Fidelity Crypto Investment goes LIVE](https://leofinance.io/@melbourneswest/fidelity-crypto-investment-goes-live) which indicates the mainstream markets ARE in FACT buying and selling Bitcoin so there is still a strong retail and investor market. 

![318956224_689598229213555_1553180597780044870_n.jpg](https://images.hive.blog/DQmQm6GjKJR9ku8j5hmzNRUx3LkMjqDGFTbgddV25oU7QuW/318956224_689598229213555_1553180597780044870_n.jpg)
[image source](https://twitter.com/KO_Kryptowaluty/status/1551259666985848832)
### How Rich would you be? 
How Rich would you be if the person who said "Bitcoin is Dead" gave you their Bitcoin on their way out? We'll you probably wouldn't be here reading this right now and have full financial freedom. But is Bitcoin really dead? that is the real question and the answer is much simpler and that is a big fat NO. 

The Data is in and as you can see from the above grapgh [long term holders experience capitulation](https://beincrypto.com/btc-on-chain-analysis-long-term-holders-experience-capitulation/), what's that mean in short? They make money and a lot of it. So what's the problem then and why are we in this mess to begin with? 

![chad 1.jpg](https://images.hive.blog/DQmdbhZ2Xkfm7ynL1tyahdL2kPW8StbyhBEaJ841rY8mJjS/chad%20(1).jpg)
[image source](https://www.bbc.com/news/business-63995563)
### Stop buying crap 
Crypto Currency has had that much hype over the past few years spurred on by media, Influencers, Gym Bro, Hipster and many many more that the entire sector has been flooded with cheap rip offs and just straight out scams. 

It's no surprise that people are currently leaving after getting rekt but like all things they will return because they learn and they will have other friends that will get into Crypto and make money and thus the cycle happens again. 

But people need to really stop buying crap and following people they think have their best interest at heart because they don't and just like recently [Donald Trump promotes NFTs](https://www.bbc.com/news/business-63995563) which depicted him in various iterations. 

The one time president informed many he had a big announcement and it left the media and the world wondering if it would be in relation to contesting the next election, except it was to promote these NFTs which were being sold on Opensea for $US99 and all 45,000 of them were sold. That's a whopping $US4.4 Million dollars in less than a few hours and if Trump was behind the move he now has a large stash of cash for his next political race. 
![chad 2.jpg](https://images.hive.blog/DQmdQ2er2UemLpaKhQP75o9J3DfywXRWY8d9cKEfZBKM1LP/chad%20(2).jpg)

So if you want Crypto to succeed and you don't want to get ripped off, stop wasting money on crap ventures and DO YOUR OWN RESEARCH 

*image sources provided supplemented by Canva Pro Subscription. This is not financial Advice and readers are advised to undertake their own research or seek professional financial services.*

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Have your projects information listed right here and connect directly with the Crypto market for as little as **99USDC** DM me on me official [Twitter](https://twitter.com/ValloneSimon) to learn more.

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