If younger generations use Bitcoin to store value instead of real estate (they're already doing this), demand for housing will likely drop. Everything compounds over time. This may mean young people will be saving a few years to buy a house in cash rather than saving 10+ years for just the down payment. I regularly say that we're early because most people can't imagine a world where we don't see real estate as an investment. Home prices will drop to their utility values or maybe slightly more to account for location. I think this would benefit everyone (including anyone who doesn't own Bitcoin right now). Housing would be abundant and your labor would increase in value proportionately to the price of homes.
When you finally trust yourself to cut your losses quickly and without hesitation, you develop real confidence in your ability to trade. #Trading
Trading is a skill that you learn over time. You can't just jump into it and expect to be a pro right away. If you want to become a great trader, you have to start from the beginning: being bad. TG: @Rajatsonitrade
Excited for the #Bitcoin halving in 6 days? 🚀 Here's why there's a good chance the price could rise: When the halving happens, the reward for mining new Bitcoin halves too, which means fewer new Bitcoins are created. This makes Bitcoin rarer, and if demand stays the same or goes up, the price could too because of the classic supply and demand rule. Historically, prices have gone up after past halvings. #Crypto
Just entered a $BTC long. Entry: 66650 SL: 64800 TP1: 68500 TP2: 69400 TP3: 70850image
Why don't these accounts ever talk about the risks of private lending? When you lend privately, you rely on a small number of individuals to pay you back. THIS IS EXTREMELY RISKY. Instead, buying Bitcoin with that $1M, holding it then then trade a bit of it to get your cash flow would be a lot less risky over the long term. The only conclusion I can come to here is that they are intentionally ignorant of Bitcoin. They are misleading their followers on purpose. They've borrowed millions of dollars to fund a portfolio of properties. They want to keep real estate investing alive by selling it to their followers. Their followers are exit liquidity 🤯image
Teaching others about Bitcoin is a selfless act My goal is to tell people how Bitcoin works because I know where this is going, and I know banks do too If we, the average person, accumulate more Bitcoin and trade daily, there is less for banks to own The more Bitcoin banks own, the more power they have over us If they own 90% of the supply of an asset, they can easily dump when the price goes up to scare any retail investors They can dump over time, frustrating holders who don't understand what they own These people will look for more profitable ways to invest (stocks and real estate) If they own 20%, they have a lot less power over the market They have a lot less Bitcoin to dump on the market and materially change the price They may dump in hopes that the price drops, and if it doesn't drop as much as they expect, they end up with less Bitcoin when they try to buy back Retail investors holding more means banks and governments have much less power and we can actually move to a Bitcoin standard around the world
People who can afford 1+ Bitcoin today Won't even be able to afford 0.01 Bitcoin within 30 years This is inevitable
How do we lock this in? 28 OZ of gold for 1 Bitcoin in 10 yearsimage
Before starting today's trading, here's my current balance. #Trading image