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I panic sold half of my #btc yesterday 😭 I used the proceeds to buy Alts at the lows. #SOL appears to be the next beast to put a run on #ETH #ADA will be one of only a few truly decentralized coins on the markets after the Voltaire upgrade this month. While #BTC has stood still for the last 24 hours Alts have taken back the losses and have began to run a bit. I feel we are on the cusp of the next #altseason Good luck, don't listen to the noise, protect your wealth and stay safe.
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If you are a seasoned vet and have been around for a few cycles you will know that the #crypyo market usually goes through a big dip before the big rip #Bitcoin being down less than 30% is nothing. I hear panic as I smile and buy more. BTFD is what I always say. I'm in long as nobody wins trading in crypto.
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with meme coins overtaking real alt coin projects and alts down to lows, I feel alt season is about to take off very soon. I have been stacking ADA with the Voltaire upgrade coming up. Cardano will be one of only a very few to be fully decentralized .
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I sold all my alt coins last week and put it all in Bitcoin. There will only ever be one Bitcoin. Bitcoin is the only one that is fully decentralized . There is no one master. Only 21m coins ever produced and a bunch are lost forever. I have lost a bunch myself by losing passphrases and such. The reason I love Bitcoin the most is my distrust in Government and the Banking system. By leaving my money in the bank it erodes over time with inflation. Bitcoin has been validated with ETFs now trading in multiple countries making it easier for people to save as a store of value for retirement. We are now seeing pension funds buying and managed retirement fund. Institutions are stock piling as their reserve. Only the smart institutions are now getting in. Bitcoin ETFS are the fastest growing ETFs ever created. It's only a matter of time before the world loses faith in USD and we see a bank run. Big institutions and Government will be running to Bitcoin scared of losing everything . I believe Bitcoin is in infinity mode being a long term holder . We are literally in the starting gate now. The only bad move I could ever think of for myself would be to not be holding. I use it myself as a reserve and place all my company profits in.
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#btc #Bittcoin Bitcoin is in uncharted territory . I'm seeing a lot of posts in regards to historic charts lately. In my opinion the historic charts are great, but things are different this time around with the validation of Bitcoin as an asset class through the ETFs Bitcoin has gone through a recent dump the biggest in the history with very little movement on the price. with ETFs it has made it very easy for people to store Bitcoin in their retirement plans and store. The ETFs have resulted in unseen amounts of volume since their inception. They have also accumulated so many Bitcoins that are not on the market to be sold. Michael Saylor is also stacking at a phenomenal rate with the plan of never selling. we will see a major supply issue soon as result and more anticipated demand from other countries hoping to see ETFs of their own. one notable country being Hong Kong. This will bring more demand to the asset class and take more off the market. The recent Bitcoin ETFs were the fastest growing ETFs in the history of the funds on US markets. People want Bitcoin now and they are not selling as it is now sitting for retirement . I see a supply shortage causing something that we may have never really seen before as there is not enough Bitcoin on the planet to go around with so many people holding over 1 Bitcoin. I believe holding 0.01 Bitcoin will eventually give enough wealth to our children and families that they never have to struggle like some of us are now. These are only my views and in no way financial advice.
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