At $42.6K I got a DM from someone telling me they set up a limit order to buy BTC at $42K. They messaged me again today and asked why I didn't just tell them to buy right away because now they can't afford a whole coin. A lot of people are holding off to get a tiny discount, and they end up getting burned so hard... Just set up recurring buys and relax. You don't need to get the perfect entry. Accumulate small amounts over time. The price might go down a bit from here, but who cares? Does it REALLY matter if you buy at $50,200 vs 49,000? In 10 years you won't even care about a $1,200 difference.
Blackrock's Bitcoin ETF now holds 87,779 BTC, up 5,264 from Thursday. Their total holdings are now worth $4.1 BILLION. Blackrock now holds 0.418% of the total supply of BTC. 900 BTC are issued per day. In April this will drop to 450. On Friday, Blackrock clients bought 5.85x the newly issued supply. https://image.nostr.build/501bfb1f5519367d14eab0dd8d84b5e150a4c1528c10a57e55638a5820b820e3.jpg#m=image%2Fjpeg&dim=1080x369&blurhash=Q5SPX_Ri%3FbM%7B9FRj-%3Boft7j%5EWB%3Fboe9FfQxuRjRj%7Ept7_3t7M%7Bofxut7Rj&x=6932b72562b585cf2a98f10004ff1538e2e1cf7fd1387d05f0468bc3ff4077c5
Instead of pushing Bitcoin holders out of their country, I think in the future governments will treat them very well. On the other hand, with stocks and real estate, governments can treat investors worse over time because there's almost no way out unless you go through a regulated financial institution. What do you think will happen if the US government has to borrow in a different currency? Its power to borrow USD and do whatever it wants will be gone when (not if) the US Dollar loses its status as world reserve currency. This is when I think anyone with unrealized capital gains in the legacy financial system gets rekt. You can never own real estate because you will always pay property taxes. If your government increases the property tax, what are you gonna do about it? The market price will likely be forced down as fewer buyers want to hold a property just to pay 3-5% in property taxes each year. You might be able to sell your property, but I think capital gains tax laws would be next. Anything you've saved in real estate will likely be devalued significantly. What happens if CG taxes go from ~20% to 50%+? Since Bitcoin is a permission-less network, its users are free to move their wealth across borders as they please. You can't pick up a rental property and move it to another country. You can't send your stocks somewhere else unless you go through a financial institution that serves as a custodian. If governments try to implement a property tax on Bitcoin and you have self-custody, you can send it to another jurisdiction within minutes. If you don't have the keys to the address in the other jurisdiction, there's nothing your government can do to get that BTC back.
People know who's going to play in the Superbowl tomorrow but they have no idea that Wall Street is accumulating all the available BTC They're guessing which color Gatorade will be poured on the winning coach but they have no idea that the Bitcoin halving is in April. This is everyone's opportunity to free themselves from the system, but most people are wasting their time on fiat entertainment.
The fact that Bitcoin is Halal is not priced in I'm not Muslim, but I know how big of an impact this will have Individuals who have never been able to invest before will be able to buy assets I've spoken to friends who follow Islam, and they have no clue that Bitcoin is Halal In fact... they don't even know what Bitcoin is Traditional asset classes are based on "Riba" or interest This means these assets are prohibited by the Islamic faith, because interest is seen as an unjust, exploitative gain, and such a practice is forbidden under Islamic law These people are saving in cash, losing money each year due to theft from inflation Trillions of dollars will flow into Bitcoin that have never been invested before, and most people don't even realize it yet
First Bitcoin crashed from $0.17 to $0.01 Then it crashed from $32 to $2 Then from $266 to $63 Then from $1,166 to $170 Then from $19,783 to $3,122 Then from $68,891 to $15,479 I bet one day it'll crash from $1M to $500k I think I'd rather just hold USD because it's stable https://image.nostr.build/92decc783a26af06e75b049268224d1c6bc116c41506f393bfc631a95480bfe0.jpg#m=image%2Fjpeg&dim=1090x1090&blurhash=UAN%5EYh00%25M_3%7Eq%3FHWBM%7C_3%7EpR%259F00D*%5E%2B%3FH&x=b320dc59cf270718574d01b43cecb888738725464ae36ebaaae9caa94c06e831 https://image.nostr.build/e288ea492e7015d46ec1aaf5677014c06f8bf1aed2cfc473b2265d4d2369280e.jpg#m=image%2Fjpeg&dim=388x813&blurhash=%5BFR.%7Dqy%3F%5E%2Br%3F%25%7EZ%24RjXSOXn4kqofv%7EXmenVsJ%2Biwt7kqrrkqofVstRaeRPozR*jFt7ayi_bvoMaK&x=5cf79e28566b5217918c3791eb564316a19f5e16733d868bde607ea976b1cde7 https://image.nostr.build/6e4c910a045fd8eecce0bd40fee43836f0ed0b3997c002931ab8a72e0c0100f4.jpg#m=image%2Fjpeg&dim=1080x896&blurhash=%234SidJiFIc%3Fu.7E%2C_LOH-%3A02xSIv-o%24fD*-QR%3Bxt00oZbxx%5BtQRkxWMyt5xuMxVsM%7Bo%23yDXSxuR*x%40Tf-%3AIBR6wHIBnNR-%7EoD.%3FEE2S%24-%3AE3%24%7EIB%7ET9i%3FED*IV-nE5-.Si&x=ee325af4cdace66cd9085096bbe27f87a9a7e54132c74bd06894bada536ac9be https://image.nostr.build/2704874ec758420f2a2e0e0db5f330b870a8d3307bad9657d579b734f32c71de.jpg#m=image%2Fjpeg&dim=1080x1350&blurhash=_YP%3F%25Nt6WCjZofRjkCbYM%7Bj%3FayazofWBkqoffQayayfkofVrxuWCaxj%40aeof%7EqRjoej%5Ba%7DofayNLtRj%5DofoLazay-%3BWBj%5Bj%5Bayj%5BWA%252V%40j%5BayayjZkCogofWCf6ayfkay&x=0cfdd11330ef6d8a59f3f65b8214e945e0b091065ab77e84d62dc5bb87826aca