Tristan Thompson's Daily Bitcoin Habit Fuels His Conviction in Cryptocurrency
NBA champion Tristan Thompson is a daily Bitcoin buyer and encourages his teammates to follow suit. In an interview, he stated that buying Bitcoin every day helps him stack 'digital gold' and smooths out volatility over time.
Thompson's approach to investing in Bitcoin is based on the principle of dollar-cost averaging (DCA), which involves buying a fixed amount of an asset at regular intervals. He frames his purchases as a long-term investment, rather than expecting the US dollar to decline.
The NBA champion attributes his conviction to the increasing adoption of internet technology and its potential for financial freedom. He points to the GENIUS Act and the CLARITY Act as catalysts that could unlock more institutional capital in the market.