If looking to take advantage of the bull run, 75k a few weeks ago would have been ideal but nows a great time.
That's true and I should've specified. I'm just warning people because I also was told to buy a few years ago right at the top which was around 75k I think. Like ya, if you're gonna buy and not look at it for 10 years then sure, you should buy. But, it's not always a good time to buy, buy, buy and I'm personally sitting this one out despite the "bullrun" comments I see everywhere (hint: I saw the same thing a few years ago right at the top). It probably will go higher, but how much higher and how much lower once the bear hits?
Typically when the bear market hits it drops to around the previous cycle top. My strategy is long term HODL but sell maybe 10-15% at the market tops to take profit, then buy back in during bear market. I think i mentioned this before but I treat bitcoin as a reserve asset. Meaning overall never gonna sell it. If I ever need to I can leverage it; borrow against it, etc. but never ever sell bitcoin.
You on here like some kind of guru messiah and then you quote a prediction from cathy wood next page... the irony
Hey man, do whatever you want. Cathy wood is just one of many. Anyone who knows anything in finance is bullish on bitcoin. Obviously do your own research and make your own decision.
I have some % bitcoin. But its my gambling account.
None of that matters with btc. If you understood block chain tech and the fact that bitcoin cannot be regulated or censored, you would not be saying any of this. Has nothing to do with who is in office. I mean its nice to have a pro crypto admin, but it has had very little effect thus far. No idea what you’re talking about with “trump effect”. There is no trump effect. Bitcoin is predictably following its cycle which is based on its mining halvings. Is Michael Saylor a bad investor? Larry Fink? Even Warren Buffet admits he was wrong about bitcoin. At what point will you skeptics do a deep dive and realize you are wrong? Okay so when we get to November and bitcoin has reached my absolute base case of 140k, what will you say then?
You think stock market valuations are based on facts, and products having good tech?
😂 no. Just no. I strongly suggest reading a bit on money itself. As in, what makes a good money, the history of money and monetary policy etc. And then, how the bitcoin block chain solves a major problem with all previous forms of money. Its literally the best form of money ever created. Sure, its behaving similar to a stock rn. But bitcoin is a commodity, not a security. Its a lot more like gold than it is a stock. Its still in its relative infancy. Don't make the foolish mistake of thinking it will behave like a stock forever guy. But hey, whatever you think and wanna do.
One thing I would caution you on is nothing except death is a sure thing looking forward, particularly as far forward as you're looking. I admire your research and you make good points, but there are reasons for opposing views as well, and nothing, especially huge forward expectations, is in the bag till it's in the bag.
Yea for sure. I definitely agree. And thank you for the compliment. I do also acknowledge there are valid opposing arguments, but when you've done as much footwork on bitcoin as I have its difficult to deny its the next step in the evolution of money. I feel like I have a conviction to spread the word of bitcoin to my fellow docs. Even if they arent always willing to listen. 😉
Its a somewhat valid concern. But we're talking about something that is largely theoretical at present. Eventually the onus on security will fall on large scale bitcoin holders like countries, and companies as opposed to miners presently. In order to mount the "51% attack" required to corrupt bitcoin, the resources required are staggering currently. Like beyond physically possible. In the future if you had a quantum computer your chances go up significantly but nobody has those yet. I suspect that once quantum computers become more mainstream, those organizations who hold large amounts of bitcoin will begin prioritizing investing in quantum computer nodes as a security measure. And/or it will become obvious to the bitcoin community that another soft fork update similar to segwit will be necessary. One way or another at this point the incentive to ensure the future of bitcoin is very strong. I think this will be solved just like the block size problem was solved with segwit. Back then when the problem was initially brought up there was strong resistance, but people quickly realized it was necessary and everybody got onboard after 2 notable major security conferences involving the most brilliant computer engineers in the world. it was then finally implemented.
And btc touched its ATH.
I agree with you, prices are insane but it doesn't mean we're not still going up...
budgetmodel.wharton.upenn.edu
That is nice for almost all of us if these figures have not changed that much. But the top 0.1% is laughing all the way to the bank.Wharton projected significant tax benefits for those in the top three income quintiles but that was an earlier draft along with a decrease in after-tax income for the bottom two quintiles. Apparently there were "dozens of last-minute amendments to the more than 1,000 page bill in an effort to unite moderates and hardline conservatives behind the package".
I don't really expect the changes to be enough to overcome the Wharton/CBO's projected outcomes, but maybe further analysis will prove me wrong.
Earners in the 95-99% income group ($388k-988k) expected to benefit with additional $20k in after tax income on average.
House Reconciliation Bill: Budget, Economic, and Distributional Effects (May 19, 2025) — Penn Wharton Budget Model
We estimate the House reconciliation bill increases primary deficits by $3.3 trillion over 10 years. Even so, GDP rises in the short and long term, as precautionary increases in labor supply and savings respond to a reduced social safety net.
View attachment 403988
Thats not how. This is:
pro.paradigmnewsletters.org
Thats not how. This is:
AMERICA’S SECRET TRUST FUND
Hidden for 163 Years, This $150 Trillion “American Birthright” Could Soon be Released to the Public Thanks to a Landmark Supreme Court Decision
(Cant wait for all the libtards to call me a ****ing idiot and tell me how insane this is!) For the record I am not endorsing his newsletter. Just what hes explaining in the video. Jim Rickards is one of the most well informed men in the country.
Yup! Here they come 😂 What? you dont think Jim Rickards has anything valid to say?
He may very well be correct about the value of our nation’s mineral resources, but why does he choose to sound like such a schill and be so slippery about what he really means? People who have sincere, accurate ideas and plans don’t usually resort to such hucksterism.
Well the man does run an investing newsletter. Like motley fool. Hes clearly trying to monetize what he knows that others dont. But to go so far as to immediately and totally dismiss what hes saying here is a bit foolish. Like I said, im not endorsing his newsletter. Only what hes saying about the forward thinking economic plan of the current asministration.
Well theres a risk of there not being a bear market. Like I was mentioning, many financial analysts are predicting that supply shock will hit at some point because of the scarcity and dwindling supply of BTC. Just recently the amount of BTC being bought up has exceeded the amount being mined, and the amounts available on exchanges have steadily been dropping as btc shifts from trading hands to HODL'ing hands. With nations and mega-companies buying large amounts weekly its inevitable. Only a matter of time.
This is how most people think (including newbie and experienced traders) and how almost everyone loses money or makes maybe 2 to 3% return when the markets making 30%.
Ok again, you cannot compare bitcoin (a commodity with a known halving schedule) to stocks (securities). BTC has a much more predictable pattern. But again, nothing is for certain. It certainly could break out.
Time to buy some apple stock or wait another day or so?
For wealthy people with a diversified portfolio, or people with strong incomes, they could get away with something like that. For the average Joe, I would not recommend that at present. Its still risky for the near term. Im a HODL'er So I generally buy more in the bear market and taper off as it nears the cycle top, and perhaps switch to selling my trading portfolio at the top. Which is about 10% of my holdings. That money goes into a money market fund or HYSA, and then back into bitcoin during the bear market.
We already have a 150 trillion dollar trust fund. It's called the Fed. They could print off 150 trillion tomorrow and crash the dollar the same way this 150 trillion of hidden cash would.Thats not how. This is:
AMERICA’S SECRET TRUST FUND
Hidden for 163 Years, This $150 Trillion “American Birthright” Could Soon be Released to the Public Thanks to a Landmark Supreme Court Decision
(Cant wait for all the libtards to call me a ****ing idiot and tell me how insane this is!) For the record I am not endorsing his newsletter. Just what hes explaining in the video. Jim Rickards is one of the most well informed men in the country.
Im not understanding you. You’re saying printing $150 trillion is the same as unlocking a $150 trillion natural resources market thats just been sitting there under legal protections?
Ok, 150 trillion of resources is definitely different. I started to listen but realized it was a very long video and stopped. I thought it was a 150 trillion dollar hidden trust fund of money.
Lol..
Of course not. I disagree though. He makes some valid points. Opening up mineral mining out west is a big deal.
So what is he actually asking the viewer to do,Invest in his scheme (I couldn’t watch it until the end)? Why not just put money in one of the many mining based mutual funds and ETFs out there?
Basically, you pay $49 and he sends you his book of secret investments based on the idea that the US government will/should allow vast swathes of public land to be strip mined.
No he runs an investing newsletter similar to motley fool. Its basically investing advise. As in which specific ones to invest in. Thats all. Subject to the same risks as any investing advice.
Whats a pipe dream is the libtard environmentalist agenda. We dont have the resources and we’re going bankrupt. Open your eyes.
