Binance Square
LIVE
LIVE
Mentorkaya
صاعد
--1.7k views
$BTC & $ETH etps approved for listing on the london stock exchange… they will continue their raising…. don’t miss it.. #BTC #ETh

$BTC & $ETH etps approved for listing on the london stock exchange…

they will continue their raising….

don’t miss it..

#BTC #ETh

إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.
0
استكشف أحدث أخبار العملات الرقمية
⚡️ كُن جزءًا من أحدث النقاشات في مجال العملات الرقمية
💬 تفاعل مع مُنشِئي المُحتوى المُفضّلين لديك
👍 استمتع بالمحتوى الذي يثير اهتمامك
البريد الإلكتروني / رقم الهاتف
مُنشِئ مُحتوى ذو صلة
LIVE
@Mentorkaya

استكشف المزيد من مُنشِئ المُحتوى

Part 6 #StartInvestingInCrypto 4. Asymmetric bet My goal is to become financially independent as quickly as possible. For that, I want to make asymmetric bets — very high risk and high reward bets. Bitcoin is currently trading around $68K as of writing. It’s the only liquid and accessible asset that has the potential to increase by > 50X in the next 10 years. It has been the best performing asset in the last 10 years and I think it will continue to be so for the next 10 years. 5. Strong Fundamentals Bitcoin was invented only 14 years ago and it’s no longer a niche product used by tech geeks. Over 18.5 Million bitcoin have been mined and more than 700K people have more than 1 BTC. Bitcoin’s programmatic supply schedule is beating the fed’s systematic money printing. Bitcoin network is the most secure computing network in the world. There has been an 5x increase over the last three years, which includes the 2022–2023 bear market. These fundamentals continue to paint an optimistic case for Bitcoin. Risks and Limitations Like any other asset, there are myriads of risks. Here are the ones I’m concerned about: Bitcoin still has this image of a speculative tool. Several institutions have adopted it this year and a ton more will do it in 2021 when the real FOMO kicks it. However, it still doesn’t have that mainstream adoption to take it to next level yet. It’s decentralized so it will face a lot of resistance from banks, governments, custodians before it gets mainstream adoption it needs to become a more stable store of value. It’s been 14 years since it’s launched and we still don’t have a major utility. For me, the ideal utility for it would be remittance as that’s a ginormous market that Bitcoin can disrupt. This is already happening at a small scale in developing countries but due to Bitcoin’s volatility and the cumbersome process of BTC to USD settlement, it’s not prevalent yet. But I’m optimistic many big companies will solve this problems. It will prove to be a great store of value in the long term.
--
Part 5 #StartInvestingInCrypto 3. Demand from Institutional Investors For all these years Bitcoin was mainly an asset that was speculated by retail investors. But due to COVID and the great monetary inflation, every fund manager has to educate themselves about Bitcoin. And make an appropriate allocation for it as they have a fiduciary responsibility to invest in assets to protect and grow wealth. Especially, in the current environment where interest rates are zero if not negative in some countries and bond yields are near 0. They are running out of assets that are good stores of value. As pomp says We are entering a period of time where it is becoming more risky to NOT own Bitcoin, rather than having it considered risky to own the asset. When institutions invest in Bitcoin they are not putting small ticket sizes. Due to their fund sizes and return profiles, they have to allocate hundreds of millions of dollars if not billions into an asset to make any meaningful impact on their portfolio. Microstrategy: A publicly traded business intelligence software company has invested over $1B into Bitcoin Square: Another publicly listed company put $50M into bitcoin — about 1% of its assets. Infamous hedge fund billionaire Paul Tudor Jones has put 1%-2% of his assets in Bitcoin 169-Year-Old MassMutual Invests $100 Million in Bitcoin These fund managers won’t put hundreds of millions of dollars in something without doing their due diligence. It’s a great validation for Bitcoin to get these institutional buy-ins. It is a ridiculous reflexive loop — when you’ve got the best performing asset class on earth whose market cap is now investable by institutions, it drags in institutions, which brings the market up, which drags institutions, that cycle is to play out and hasn't even started.
--
Part 4 #StartInvestingInCrypto Here are 5 reasons why I invest in Bitcoin. 1. Inflation Hedge/wealth protector All my assets are denominated in fiat currency/USD and at the same time, the fed is flooding the market with cash. This inherently reduces the purchasing power of the currency. Also, every year inflation erodes 2% of my assets. As Paul Tudor Jones says cash is a wasting asset. Whether inflation is happening or not depends on what indicators you’re looking at and where you live. But Pomp paints a very interesting perspective: You merely need investors to BELIEVE that inflation is coming and you will see these assets increase. Investors are constantly moving capital based on what they believe will happen in the future. They buy a stock because they believe it will go up in the future. They buy a home because they believe it will create future cash flow or price appreciation. In the case of gold and Bitcoin, they are buying it today because they BELIEVE inflation is coming and these inflation hedge assets will provide them protection. 2. Scarce Asset Bitcoin is truly the only scarce asset in the world. Only 21 million bitcoin will ever be mined. No one can print more and flood the market with it to debase it. Econ 101 — Low supply of Bitcoin will lead to higher demand and price in the future. 18.5 million Bitcoin have already been mined. Also, Bitcoin is on a deflationary supply schedule — it will get more and more difficult to mine Bitcoin. One other key aspect to keep in mind is that even though 18.5 Million bitcoin have been put into circulation, but more than 60% of that has not moved in the last 12 months. This means that less than 8 million Bitcoin are actually available for purchase from the total Bitcoin supply. When so many people are flocking to buy Bitcoin. Supply and demand economics dictates that Bitcoin is bound to rise in price due to its increased demand and capped supply. continue to next post
--
part 3 #StartInvestingInCrypto Bitcoin is permissionless, trustless, stateless, unregulated, uncensorable, decentralized. Bitcoin is the answer to everything that’s wrong with the futile fiat currency. Just imagine me and you can transact directly with each other without having to trust any 3rd party. In spite of Bitcoin being superior to Fiat money, I have a slight contrarian opinion on Bitcoin that it should not be perceived as currency at the moment as we are still early in its adoption cycle. Instead, investing in Bitcoin should be viewed as investing in an asset just like one would consider investing in any other assets like real estate, stocks, bonds, gold, art, baseball cards etc. If looked from an investment lense then the question changes to why Bitcoin asset is a good asset class? To answer that let’s look at what has happened in the last 9–10 months. The US government has systematically weakened the dollar Most governments usually have 2 tools at their disposal to manipulate the economy — change interest rates and print money to buy assets (Quantitative Easing). You might be thinking I don’t live in the US. Why do I care what they do? It’s because the US Dollar is the world’s reserve currency. Several countries have pegged their currencies to the USD Dollar. The US government has printed $9 Trillion Dollars this year to stimulate the economy — that’s two-thirds as much money in the last 6 months as it did over the prior 11 years. The US government has systematically weakened the dollar Most governments usually have 2 tools at their disposal to manipulate the economy — change interest rates and print money to buy assets (Quantitative Easing). You might be thinking I don’t live in the US. Why do I care what they do? It’s because the US Dollar is the world’s reserve currency. Several countries have pegged their currencies to the USD Dollar. The US government has printed $9 Trillion Dollars this year to stimulate the economy — that’s two-thirds as much money in the last 6 months as it did over the prior 11 years.
--
part 2 #StartInvestingInCrypto Fiat money also has the following traits: Durability: Persists across time. Won’t degrade over time Divisibility: It can be broken down and combined. Portability: Can be moved. Recognizability: Verified by someone. Scarcity: Limited supply. Fungibility: Interchangeable As Pomp says Money is a belief system. You and I have faith in the US Dollar bill that we both can transact using it because we have faith in the government printing the bill. In countries like Lebanon, Venezuela, Iran, etc. people would rather not hold on to their local currency because they have lost faith in their government as they can and probably will further debase the currency. They would rather hold their savings in a more stable currency like the USD. But the US government has printed so much USD in the last several months that it’s only a matter of time that USD will also lose its stable status. Similarly, Bitcoin holders have faith in the Bitcoin currency and the blockchain network. What are Bitcoin’s use cases? This is a popular claim from Bitcoin critics that Bitcoin doesn’t have any utility and hence it’s worthless. To this, I would say what is the utility of other assets? Gold has some utility as it’s used in jewelry and a few other things. But what’s the utility of stocks or bonds? They merely derive their value from the performance of the company and the terms set by the issuer respectively. But they have no utility other than financial instruments that will appreciate in value over time or act as an inflation hedge. The primary reason so many institutions have gold in their portfolio is to use it as an instrument to hedge other parts of the portfolio. Not because it has any inherent utility. Bitcoin should be considered no different. Except, it’s so much superior to gold. Bitcoin is the only digital, decentralized, payment settlement layer in the world. I think it would be foolish to think this won’t be worth something enormously big in the future. #bitcoin
--

آخر الأخبار

عرض المزيد
خريطة الموقع
Cookie Preferences
شروط وأحكام المنصّة