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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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#BTC Bitcoin infinity The Simpsons have made a lot of bold predictions that have come true. One prediction being Bitcoin infinity . With the new ETFs in North America, Brazil and possibly Korea and other countries the volume has been through the roof. Bitcoin is currently trading about 5% under ATHs and earlier than historical levels. Supply is dwindling as BlackRock now holds over 7% of the supply, higher if you account for lost coins. More and more people are investing in Bitcoin as a store of value and the Bitcoin ETFs have already passed the biggest Silver ETF. I think chart metrics have been blown out and more people will be holding for retirement with the help of the new ETFs. With more countries stashing Bitcoin for their reserves, the new ETFs and speedy adoption as a commodity to hold for store of value the possibility of Bitcoin being unstoppable and passing the market cap of gold is in the horizon.
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#AXL I get it Axelar is not Bitcoin, but what it is, is unique. AXL has the makings of a top 50 token due to being the only blockchain that is able to connect to all blockchains seemlessly. Many bridges have made their ranks, but they are built on one chain. Now Dapp builders have the ability to build and place on all chains rather than just one by using AXL. I'm not saying buy now, but definately do your own research and invest wisely.
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STRK is the only green token in the new listings. The why it dropped on the first day of trading is normal. Most of the supply came from Airdrops, so they were selling. This is normal. Just like in the stock market most traders don't buy the IPO as the volatility is not a reliable play as the sell off will destroy the opportunity to make money as the market has not priced the offering yet. STRK is a token with potential vs most gaming tokens. Tokens like PIXEL are hard to make money off due to the activity on the platform . The numbers of downloads vs inactive downloads or engagement fades fast. The use case fades meaning they are more likely to fade. Don't buy the hype as most of the hype is coming from the sellers. FOMO is real don't let your emotions get in the way of your ability to hold through a downturn or the ability to buy confidently. Do your research before investing and look for solid plays and stay away from useless projects that are potentially pump and dumps as most will lose on them.
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