Samson Mow: Bitcoin Will Always Increase in Value Despite Its Price Volatility

Samson Mow, vocal Bitcoin supporter and CEO at the JAN3 Bitcoin company, has published a tweet in which he offered his valuable experience and expert knowledge

Samson Mow, the CEO of the JAN3 Bitcoin company and a well-known Bitcoin supporter, has shared his experience and knowledge on investing in Bitcoin and fiat currencies.

According to Mow, understanding two key aspects of Bitcoin can simplify the journey for new investors in the world’s largest cryptocurrency. He highlighted these points in a recent tweet.

Two points from Mow on Bitcoin

Mow stated that there are two things about Bitcoin that new investors should keep in mind. First, “the fiat price of Bitcoin will be volatile.” Second, “the fiat price of Bitcoin will always increase.”

“Once you understand those two things, the journey is simple,” the JAN3 boss concluded his tweet.

There are two things about #Bitcoin that new investors need to internalize:

1. The fiat price of Bitcoin will be volatile.

2. The fiat price of Bitcoin will always increase.

Once you understand those two things, the journey is simple.

From Friday morning until earlier today, the leading cryptocurrency on the market has lost roughly 5%, falling from a local high of $60,645 to a low of $57,600. However, Bitcoin partially recovered that loss today with a 1.8% increase, bringing the BTC price to the current level of $58,600.

The mentioned price drop came after the cryptocurrency saw a large 13% gain from Sept. 8 (trading at $53,660) to Sept. 13 (surpassing the $60,000 price mark).

Samson Mow earlier stated that he does not expect the BTC price to drop too much, as it is unlikely to crash Black Friday-style after previous recoveries, despite the upcoming crucial changes in the U.S. government, set to take place in November this year.

Mow says $100,000 is "bearish estimate" for Bitcoin

In a tweet a week ago, Mow stated that Bitcoin will likely reach the six-digit price level despite the approaching crucial changes in the U.S. government, set to take place in November this year.

The JAN3 boss insisted that that was a “bearish estimate” for Bitcoin. He is a believer that the flagship cryptocurrency will definitely reach $1 million in the near future, perhaps even next year at the earliest.

Apart from Mow, financial expert and author of the book “Rich Dad Poor Dad,” Robert Kiyosaki, also expects a massive Bitcoin surge soon. His main argument here concerns the rapidly increasing U.S. national debt, which adds $1 trillion every 100 days, according to his calculations.