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Bitcoin Bull Samson Mow Doubles Down, Says "Buy the Dip"

Bitcoin Bull Samson Mow Doubles Down, Says "Buy the Dip"

Aug 28 Tech Standard

Samson Mow, a strong believer in Bitcoin's future (often called a permabull), recently made a statement about his Bitcoin holdings and offered a bullish prediction for the cryptocurrency. This came amidst a temporary price dip for Bitcoin, which has since recovered somewhat.

Mow, the CEO of JAN3, stood firm on his Bitcoin investment even as the price dropped from over $62,000 to around $58,600. He tweeted "Still not selling," encouraging his followers to "BTFD" (buy the freaking dip) and take advantage of the lower price. This signaled his confidence in Bitcoin's long-term growth.

Earlier this summer, Mow predicted Bitcoin would reach at least $1 million within a year. Even if this timeline shifts, he maintains his belief in a significant price surge in the coming years.

Mow's bullish stance aligns with other prominent figures in the crypto space. Robert Kiyosaki, author of the finance bestseller "Rich Dad Poor Dad," recently urged his followers on social media to invest in Bitcoin. He highlighted the growing U.S. national debt as a reason to seek alternative assets like Bitcoin, gold, and silver, which he views as inflation hedges.

With these influential voices advocating for Bitcoin, the cryptocurrency market continues to be a topic of much discussion and debate.

HarshitKulhan

Crafting cinematic stories through the lens of my phone, I am a blogger and content writer who expresses the essence of my blogs through words

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