Review
Buy Bitcoin, You’ll Thank Yourself in the Future examines the various perspectives on investing in cryptocurrency. The author delves into the opinions of prominent figures such as Michael Saylor, Elon Musk, Andreas Antonopoulos, Bill Miller, Fidelity, Blackrock, and the Winklevoss Twins, as well as those of critics like Jamie Dimon, Warren Buffet, Nassim Nicholas Taleb, Bruce Schneier, Jemima Kelly, and Amy Castor.
One of the strengths of the book is the way in which it covers a wide range of subjects related to buying Bitcoin. The author provides a thorough analysis of technical analysis, including the use of graphs, statistics, and log/logarithmic views. The author also delves into theories, strategies, and the question of money, as well as risk management and why one might not want to invest in Bitcoin.
The writer further provides detailed explanations of technical indicators such as the MACD (Moving Average Convergence/Divergence), RSI (Relative Strength Index), and Fibonacci Levels (Fibs). Additionally, the book includes a number of Bitcoin-specific niche statistics and models, including the 200-Week Moving Average Heatmap, The Puell Multiple, Stock-to-Flow Model, Bitcoin Logarithmic Growth Curves, Long-Term Power-Law Corridor of Growth (Power Law), Clarke Moody’s Dashboard, and the Bitcoin Halving Countdown.
One of the most interesting aspects of the book is the author’s exploration of the idea that Bitcoins have no dividend or potential future dividend, and are therefore more like a collectible or commodity. The author quotes Satoshi Nakamoto, the creator of Bitcoin, who describes Bitcoins as such. This perspective provides a unique and valuable insight into the nature of the cryptocurrency.
Overall, “Buy Bitcoin, You’ll Thank Yourself in the Future” is an good resource for anyone interested in understanding the various perspectives on investing in Bitcoin. The author’s research and analysis, combined with explanations of technical concepts, make this book a valuable resource for both beginners and experienced investors. The book is well-organized and easy to follow, making it accessible to a wide audience.
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