In 2017, Bitcoin at 10,000 was an “all time high”. Today is no different. In the short term, you could buy Bitcoin today and it could drop 30-50%. In which case you would buy more, not sell at 50k. In 10 years, the price will be significantly higher than it is today. Bitcoin was a “speculative” asset in the beginning. But after 16 years with an average return of over 100% annually per year, including this year 2024 with the Bitcoin ETF approval, Bitcoin is not only an asset that Blackrock is recommending in everyone’s portfolio, but it’s been the best performing asset class to date. This trend will continue as more individuals, companies, and even countries such as the United States are looking into bitcoin as a hedge against monetary debasement. We are witnessing global adoption take place

I respectfully disagree sir, although I do agree with you most of the other cryptocurrencies are foolish, Bitcoin is the first decentralized, digital asset being adopted faster than the internet and mobile phones based on the statistics. Since its birth it has had an average annual return of over 100% per year. And over 50% in the last 4 years alone. The Bitcoin ETF approval in 2024 opened the floodgates for institutional adoption. Even the United States as well as Russia is proposing a Bitcoin strategic reserve. Real estate will always be a good investment as well as the S&P 500 index. But Bitcoin is currently the only asset being globally adopted. Whether you can buy a pizza with it or not is irrelevant, it’s a store of value because it’s decentralized and scarce. Please look into it… I was once against it as well until I learned

@BuyBitcoinNFA What is Bitcoin? It's just digital numbers. It's not insured or backed by anything. There is no real use for it. It's just people buying into something they think is an investment, but it's really nothing. I remember when people were buying baseball cards like crazy, they were sure they would be worth so much in the future. Well them everyone realized they had no value. Same with crypto, it's just gambling and hoping other oe want to gamble on what you bought, to raise the price.

@@micker9830 some things are a “greater fools” theory. Bitcoin is not one of them. Bitcoin has no counterparty risk. There is no CEO, no quarterly earnings, no country, no president, no board of directors. It’s just perfect, sound money. Think of the problems with our fiat currency. It’s centralized, controlled by governments, and exposed to inflation and corruption. Bitcoin is the very first decentralized digital currency that solved this issue. It’s decentralized like the internet, nobody controls it. It’s completely digital not physical. There is 21 million that’s all there will ever be. Even gold is inflated 2-3% per year. Bitcoin is the only commodity that we cannot make more of as the price goes higher. It’s peer to peer, no third party needed. Anyone on Earth has access to it. No exchanging of currencies like the peso, euro, dollar etc. It’s just Bitcoin. The adoption of a money always happens in 4 stages. 1.) Collectible 2.) Store of Value 3.) Medium of Exchange 4.) Unit of Account. We are in stage 2 of Bitcoins journey. We cannot enter medium of exchange until the majority of the world adopts this asset and price begins to stabilize. If this time horizon was a baseball game, the game hasn’t even started….we are singing the national anthem

Interesting take, however I just don’t seem to pinpoint what dates or markers are you taking into consideration when you state BTC goes up 20% yearly, would you elaborate? Are you talking about CAGR? Even then I just don’t see it.

In 2013 Bitcoin hit an “all time high” of 1,000. In 2017 Bitcoin hit an “all time high” of 10,000. Today it hit an “all time high” of 100,000. Every single one of those times was a great time to buy because Bitcoin will be significantly higher in 10 years

I might be wrong, but this seems literally like how much of the financial world operates. 🤷🏻‍♂️

This is a useful information. How do I connect with your Mentor?

he's mostly on Telegrams, with the user name. .

@Bwen11 💯..That's it

This is the kind of information we don't get from KZbinrs..l will contact hIM right now.. thanks for recommendation

Best signal provider in the market. Knowledgeable, level headed (no loss like some other traders who recently jumped on the bandwagon)....

What’s 100 EURE?

I wouldn’t be so sure. Remember “lock her up?” Never happened. Trump, like the rest of these puppets, is controlled by the central bankers. They see Bitcoin as a threat.

@@goldfishstopf9830 I like Ledger but there are a lot of good ones. Your kids will be set for life!

Or you can just not trade Bitcoin.

There is because somebody could own all of it

@tobyhowell1868 that is a weird argument. If only a hand full of people own all of the bitcoins, then , the value will drop.close to zero. Because bitcoin works only if we all participate in this ponzi scheme

ETF's, Strategic Reserves and Bitcoin Treasuries don't help the miners or the network in the long run with on-chain transaction fees Needing to replace the mining subsidy which with each halving trends to zero Peter Todd was most likely announced as Satoshi in the recent HBO Documentary to seed the idea of tail end emissions. He wrote about increasing supply in 2022. The current inflation rate of 0.84% could be promoted as low inflation but stabilizing for the miners and network in the long run. IF (when) the proposal to increase BTC supply or increase block size happens things could get very interesting for Bitcoin Cash or even BSV which retains the original protocol "set in stone"

It is not infinite. It's divisible to eight decimal places

No it’s not

Is that why the us government holds 200k btc

bro never show your seed phrase to anyone. Delete this comment ASAP

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