My impressions as someone who‘s new to Bitcoin

Hi,

I‘m new to investing money in general. I‘ve invested about 3.6k $of my (extremely limited) savings since March and, since I put about half of that into Bitcoin, I‘ve turned a great profit (if I cashed out all my investments now I‘d get 4.7k $ back). I‘ve been reading posts in this sub when they pop up on my timeline, and I‘ve been wanting to share some impressions and questions with the community.

I‘m not looking to offend anyone and the things I‘m about to ask aren‘t too controversial I hope.

1. Some of the people HODLING seem to be gambling on the collapse of fiat currencies. Like most people, I‘ve noticed the steady decay of purchasing power with my currency (€). I‘m grateful for the opportunity to funnel some of my disposable income into Bitcoin in order to preserve what little I‘ve been able to save over the past years.

However, I‘m not looking forward to the collateral of a collapse of big fiat currencies. I think it‘d mean a period of chaos and many, many people would really suffer, who knows for how long. I realise the system we live in is very much flawed. It‘s unjust, it caters to those who already have more than they could possibly spend or even enjoy, it does not supply the weakest of its members with basic amenities. It wreaks havoc on the planet and, in most aspects, it‘s becoming worse, not better. My problem is that I cannot see how a collapse of fiat and subsequent chaos would make things better.

1. The US American election: I realise and acknowledge that I do not have a say in US American politics. I do have a right to my own opinion, though. I wouldn‘t call myself an expert on politics, but I work as a teacher for English and Poltical Education in a European country, so I‘m obligated to keep up with current events and read up on stuff. I‘m really worried about the impact Trump‘s policies are going to have on the American people. Him making promises towards the “Bitcoin-community“ (for lack of a better word) is not a worthwhile trade-off and I hate the fact that by owning Bitcoin I suddenly was to benefit from Trump‘s election.

I‘m ordering „The Bitcoin Standard“ today to read up more on Bitcoin and I‘m opening up a proper wallet (instead of buying through a trading app like I‘ve been doing until now), even though I don‘t fully understand why that‘s better yet :D.

I realise my thoughts don‘t really come with questions, but still I‘m excited to hear your opinions on my impressions.

I hope you have a nice day.