Bitcoin price has surged since the approval of the Bitcoin ETFs on 10 January 2024. The ETFs now hold more than one million bitcoin. A Bitcoin Maximalists is a term given to those who believe Bitcoin is the only digital asset that will be needed in the future, and all other digital currencies are inferior to Bitcoin.
A natural reaction from bitcoin maximalists is to tweet or post on X obsessively about bitcoin God candles, all time highs (ATHs), and bitcoin pumps. However, this type of rhetoric does not benefit those who have yet to acquire a significant amount of bitcoin in their bags. These type of bitcoin maximalists do not seem to understand their attitudes are a turn-off for people new to Bitcoin. They mined or bought their bitcoin years ago, and only want to see their wealth increase as they pontificate about Bitcoin. It makes you wonder if these type of bitcoin hodlers are really hodlers in the first place, or looking to sell their bitcoin as soon as possible. It seems you would not want bitcoin to pump to higher prices if you are still stacking satoshis.
A big reason people are hesitant to buy bitcoin comes down to the price of bitcoin. They see bitcoin at $70,000, and think to themselves they have missed the boat. Bitcoin maximalist should spend more time onboarding new bitcoiners instead of incessantly speculating on the daily price of bitcoin. If you are creating FOMO (fear of missing out) on social media, are you really a Bitcoin Maximalist, or just a Bitcoin Speculative?
Remember 1 BTC = 1 BTC.