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Why Holding Bitcoin Feels 90% Like Hell And 10% Like Heaven—Analyst

  • Bitcoin's price experienced volatility last week, reaching a high of over $111,800 before dropping to $109,600.
  • Holding Bitcoin can be emotionally challenging, with 90% frustration and 10% reward, as per analyst Thomas Fahrer.
  • Bitcoin's deflationary design, with a capped supply of 21 million coins and periodic halving, sets it apart from traditional inflationary currencies.
  • Investors highlight the growing buying power of Bitcoin compared to fiat savings over time, emphasizing the potential long-term benefits of even owning a small fraction of a Bitcoin.

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