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"
Bitcoin
has been around a dozen years and it’s still useless," says 🇺🇸 Minneapolis Fed President Neel Tushar Kashkari.
#Bitcoin
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Some advice: Always stick to spot and don't touch leverage. You'll see this often in a bull run where you see these short and strong liquidation events. You know why? When everything is going up lots of people fail to see the benefit of spot holding. Why settle for a 2x when you can get a 5x in the same exact month? We are going up after all. Just enter a long contract right? The problem? One small wick down (like 2 days ago) and either you get liquidated (account at 0$) or hit your stop loss. A few days after? Position entirely bounced back and higher than it was before. Leverage traders are wiped one however while spot is still sitting comfy. Have rarely seen people truly making it with using leverage in this market. I have often however seen plenty of people make it trading spot in this market. Wouldn't be the first dm I get on my account with the question: "BitEagle, can you help me? I used leverage and got wiped out" Learning lessons obviously but that won't make it any less painful ofcourse. Again avoid it!
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🇺🇸 President-elect Trump on crypto and AI "We're going to do something great with crypto because we don't want China or anybody else, not just China but others are embracing it, and we want to be the head. We're going to be ahead of AI, we're going t
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2025 could mark a significant increase in institutional investment in digital assets due to clearer 🇺🇸 US regulations and the potential for Bitcoin as a central bank reserve asset, per Sygnum Bank. According to their analysis, even modest institutional allocations could dramatically reshape the ecosystem.
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Don't want to get rekt this cycle? Don't buy projects at bad valuations. One of the MOST asked questions I always got was: "Hey BitEagle, what do you think about project X"? Me: I think they are super solid! "Ah awesome! So it's a good buy right?" Me: Nope "Huh? But you just said they are solid af?" Me: Yeah, doesn't mean they are at a great entry. "hmm, okay, but I still believe they will be much much higher so I'll buy them, thanks!" ... These are questions and answers that really happened btw. And they also happened more than once. Listen, the markets always operates in the same way (check the entire history of almost every coin out there). What goes up, most come down. And if it goes REALLY HARD up for a long time? It goes down even harder as well. If it didn't it would mean no single individual would actually be making money at all (no sells = only paper profit). I like many projects, doesn't mean I like all of their entries. Doesn't matter if you found the next Google, if it already is going parabolic it means everyone else already found it as well. In the end, the goal of any investor is to buy low and sell high no matter what project you bought. That doesn't mean we will always be right but you can be sure that you'll almost always be wrong when you buy something that looks like a rocket already. Up to you though.
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Here is the Bitcoin motion that the Vancouver City Council will be considering today: "Preserving of the City's Purchasing Power Through Diversification of Financial Reserves - Becoming A Bitcoin Friendly City" 🇨🇦
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