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Morgan Stanley alone has - according to their website - $1.5 Trillion in Assets Under Management. A 3% allocation to #Bitcoin would mean an investment of $45bn into ETFs. At a clip of $150m a day, this would take 300 days and add roughly $117,857 to the price of each $BTC
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#Bitcoin was always expensive. In 2013, $600 a coin was expensive. In 2017, $6,000 was a complete stretch. In 2024, $60,000 seems on the very high end. Nobody got in cheap. Nobody ever will.
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I don't like falls on BTC! I don't see this as a "promotion". For me, this is just a jargon that some use to relieve the discomfort we all feel during falls. Investing is facing our fears and facing reality and not masking them. The falls are part of the market, just as getting sick is part of life. But to say that "getting sick is good because you can rest at home"? No, it's not good. It's part of the game, but not good. I deeply agree with Mille's vision: "Partner has to want to buy more expensive all the time." Think about it. $BTC #btc
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When you own $BTC , you're practically rooting for the FED to keep printing money. You turn the source of pain into profit. You take the weapon that bankers use to steal from you and turn it into more purchasing power. This completely changes the game. #bitcoin #fed #inflation
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