Based upon my analysis, Bitcoin is gonna come crashing down very soon (starding tomorrow maby). Based upon my research i have concluded Bitcoin to drop all the way down between 48K-54K.
IM STILL BULLISH ON BITCOIN IN THE LONG TERM!
Please understand that this is purely speculation on my part and i do not have a CHRYSTAL BALL to see the future.
IF YOU GUYS WANT MORE IMPORTANT INFORMATION ABOUT BITCOIN THEN PLEASE FOLLOW AND LIKE MY CONTENT🙏🏼
Do not panic from this massive BTC dip guys! This is normal for bitcoin and happens everytime. The hard part of all of this is to accurately predict the possible dips for profit.
When these dips happen it is great opportunity to accumulate more BTC to your bag for long term!💰💰
GUYS! NOT EVERY MEME COIN WILL MAKE YOU FILTHY RICH!
BE EXTREMELY CAREFULL WHEN BUYING NEW MEME COINS! You need to be wise with your hard earned money and these meme shitcoins are more likely to make you great losses than gains!
DONT BE GREEDY AND REGRET IT LATER WHEN YOU LOSE EVERYTHING OR AT LEAST ALMOST EVERYTHING YOU HAVE.
BE WISE AND THINK LONG TERM! IT IS VETTER TO GAIN LITTLE BY LITTLE EVERY YEAR WITH BITCOIN THAN GAMLE YOUR MONEY WITH USELESS HYPED MEME COINS THAT WILL GO DOWN AS FAST AS IT WENT UP.
BTC WILL BE THE LONG TERM WEALTH GENERATOR FOR YOU AND FOR YOUR FAMILY!
Not a financial advise, please be carefull and do your own research.
El Salvador’s Bitcoin HODL Strategy Pays Off as Nation Sees 55% Profit.
El Salvador, the pioneering country that approved Bitcoin as legal tender, has consistently adhered to its HODL strategy, even amidst the market crash from two years ago and the massive rise toward new ATH this week.
The country initiated its Bitcoin purchases in September 2021, when Bitcoin was valued at $51,769.
El Salvador Boasts Huge Bitcoin Profit
President Nayib Bukele’s Bitcoin strategy was questioned after its value dropped from $69,000 in November 2021 to $16,000 a year later. However, the investment returned to profitability when Bitcoin surpassed the average purchase price of $42,600 in February.
According to its Bitcoin tracker, El Salvador has 2,864 BTC, whose current value is $188 million, acquired across 12 transactions at an average price of $42,630 each. Based on today’s market, Bitcoin has seen a 176% increase over the past year, pushing El Salvador’s unrealized gains to $66 million. The country now stands at a 54% profit from its original investment.
While the amount is based on public tracking data, it does not account for all the country’s Bitcoin. In a Tuesday post on X, President Nayib Bukele mentioned that the nation received more Bitcoin through additional revenue streams.
These include earnings from a unique citizenship passport scheme that involves converting Bitcoin into U.S. dollars for the benefit of local enterprises, proceeds from BTC mining operations, and income generated from various government-provided services.
Moreover, in December, El Salvador launched its “Freedom VISA” initiative, offering residency to up to 1,000 individuals annually who invest a minimum of $1 million in Bitcoin or Tether (USDT) stablecoins. This week, President Bukele announced on X that the nation had established its inaugural Bitcoin “piggy bank,” securely housed within a vault on their national territory. He shared an image showing a wallet containing 5,689.68 BTC, valued at $406 million.
If you plan to time the market this cycle you are Playing with 🔥. I believe this cycle will be different for bitcoin. Institutional adoption is coming and who knows what that will do to the price of BTC. Those who plan to sell the “top” , only to buy back lower after it drops are risking way too much. You may get lucky, but remember that the best returns come from those who hold. Don’t sell the best asset of all time only to be the guy who regrets it later.
Personally, i have holded my btc bag since 2017 and never moved even a single satoshi since then and despite btc price dropping 40-70% down along the way, i have made the best desicion not to sell any of it! Instead i did what most dont realise! I bought more satoshis every single btc dump. That way i never gambled with my BTC! I have had alot of time to accumulate the dips the past years. And indeed i hold alcoins as well, but my crypto bag splits into 90% btc and 10% low cap altcoins such as DGI coin and others. Why so little in altcoins you ask? Well for the simple fact that altcoins are much much more risky than BTC and the upside for low cap altcoins to make insane gains are very high. And the main reason why i by low cap altcoins is to accumulate more BTC through them.
Diclamer alert! Not a financial advice! Always do your own reaserch when investing, purpose of this content is educational only.
The Bitcoin halving event is a significant milestone in the cryptocurrency world that occurs approximately every four years. During a Bitcoin halving, the number of new Bitcoins created and earned by miners for validating transactions is cut in half, leading to a reduction in the rate of supply of new Bitcoins entering the market.
Before a Bitcoin halving event, there is often anticipation and speculation in the market as traders and investors try to predict the impact of the halving on the price of Bitcoin. Historically, leading up to a halving, there is a sense of bullish sentiment as demand increases and supply decreases, causing the price of Bitcoin to rise.
After a Bitcoin halving event, the new supply of Bitcoins entering the market is reduced, leading to a potential supply shock. This reduction in supply, coupled with ongoing demand for Bitcoin, has historically resulted in price appreciation. In the past, Bitcoin has experienced significant price rallies in the months following a halving event.
It's important to note that while historical patterns and trends can provide insights into potential price movements, cryptocurrency markets are highly volatile and unpredictable. Factors such as market sentiment, regulatory developments, macroeconomic conditions, and technological advancements can all influence the price of Bitcoin before and after a halving event.
Overall, the Bitcoin halving event is a significant event in the cryptocurrency market that can impact the price of Bitcoin. Investors and traders closely monitor these events and assess the potential implications on the market.
DGI Game is a revolutionary cryptocurrency project that is set to dominate the upcoming altcoin season. This innovative platform combines the power of decentralized finance (DeFi) with the exciting world of gaming, creating a unique and profitable ecosystem for investors and gamers alike.
At its core, DGI Game is designed to provide a seamless and engaging gaming experience while also offering lucrative investment opportunities through its native token, DGI. The project is built on a secure and efficient blockchain network, ensuring fast and secure transactions for all users.
One of the key features that sets DGI Game apart from other cryptocurrencies is its focus on community engagement and empowerment. The platform rewards users for their participation and contributions, creating a strong and vibrant community that is committed to the project's success.
In addition to its gaming and investment opportunities, DGI Game also offers a range of innovative financial products and services, including staking, yield farming, and decentralized exchanges. These features enable users to maximize their earnings and grow their wealth in a decentralized and transparent manner.
As we enter the next altcoin season, DGI Game is poised to experience exponential growth and success. With its unique combination of gaming and DeFi, strong community support, and innovative features, DGI Game is set to become a leading player in the cryptocurrency market.
Don't miss out on this incredible opportunity. It will be listed in Binance soon and it is already listed in other exchange platforms such as Gate.io etc.
Disclaimer alert! Not a financial advice, you shpuld always do your own research before investing. This content is fo educational purposes only. #Write2Erarn#btcfanatic#DGIGame
To understand why Bitcoin spot ETF approval was so important for Bitcoin, we need to delve into the details of Bitcoin ETFs and their significance in the cryptocurrency market.
**Bitcoin ETFs (Exchange-Traded Funds)**
- A Bitcoin ETF is a type of investment fund that tracks the price of Bitcoin or other cryptocurrencies. - It allows investors to gain exposure to Bitcoin without having to directly purchase and store the digital currency. - ETFs are traded on traditional stock exchanges, making it easier for institutional and retail investors to invest in Bitcoin.
**Importance of Bitcoin Spot ETF Approval**
1. **Increased Institutional Investment**: Approval of a Bitcoin spot ETF would have provided a regulated and secure way for institutional investors to enter the Bitcoin market. This could have led to a significant influx of institutional capital into Bitcoin, driving up the price.
2. **Market Legitimacy and Credibility**: The approval of a Bitcoin spot ETF by regulatory authorities would have signaled greater acceptance of Bitcoin as a legitimate asset class. This would have boosted investor confidence and credibility in the cryptocurrency market.
3. **Liquidity and Price Stability**: A Bitcoin ETF would have increased liquidity in the Bitcoin market, making it easier for investors to buy and sell Bitcoin. This could have led to improved price stability and reduced volatility in the market.
4. **Mainstream Adoption**: Approval of a Bitcoin spot ETF could have paved the way for mainstream adoption of Bitcoin as an investment vehicle. It would have made it more accessible to a wider range of investors, potentially leading to broader adoption of Bitcoin.
5. **Regulatory Clarity**: The approval of a Bitcoin spot ETF would have provided regulatory clarity and guidance on how Bitcoin is treated by authorities. This could have reduced uncertainty and regulatory risks associated with investing in Bitcoin.
Overall, the approval of a Bitcoin spot ETF was seen as a significant milestone for Bitcoin's mainstream adoption, market growth, and investor confidence.
Many ask the question that ”am i too late to be rich in the future with investing on BTC” Good question, however i might add that there are currently 219 million BTC holders globally wich means that only 2,74% of the total population of the wold have invested in BTC, and if you are one of the 2,74% then you are at the very earliest investors of the whole world!
There are about 60 million millionaires arround the globe and only 21 million BTC will be ever created. From the 21milj supply about 3-4 million BTC is lost (1milj btc in Satoshi Nakamoto wallet that has never moved btc and the rest 3milj are lost). So if you own atleast 0,2 btc, you will own more btc that many millionaires simply because there are less BTC than millionaires. What you need to so is look long term and never touch your BTC bag for the next 10 to 20 years. Get your self a cold wallet and chill and have a wery comfortable retirment without being dependant of the corrupt governments stealing your wealth.
When price correction happens DONT SELL BTC! The moment people realise that bitcoin is not short term investment you will be very wealthy in the future. When BTC goes down that is the moment you should accumulate more of it and not let big investors wreck you! Take this advice and thank me later! 🚀
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