I hope everyone looking at this pic, wrong about the trajectory of BTC from 2010. We are now approaching the fourth installment of BTC halving. I am not sure if you were around when #btc was nobody. I recalled myself purchasing one for $400. I did not even imagine one could grab so much interest and now you need $30k. This is what happen when you have limited of a product that everyone is looking for.
Just trying to grasp about this effect of inflation and what could happen I just grabbed 1402467 Satoshi (SATS). Listen it could all drop to a mere penny due to risk factor associated with life. Again looking at that graph that risk has been really positive long term. Just this year alone if you invest a thousand in BTC, you are close to get 90% on top of that thousand. It is to show yes there is risk but everyone ignores it to push crypto forward.
Everyone who understands crypto, knows #FTX, Terra and etc... does not blemish what it stands for. It is a bump in the way. It is to show be on your bank stands strong when traditional banks are falling like leaves. It is not long ago January first came. Within 5 days we all have 61 days to 2024. I keep saying that cause time is ticking, plan your move. It sucks to be a spectator when there are possibilities to participate.
To all seriousness having BTC taking part of the market (ETC), I think many will feel the FOMO like never before. This is how it will go. By next year you will see 5 to 7% daily growth. Everyone will run like crazy to hold some at whatever price possible. Even for the folks that will dump, will think twice cause it will double within weeks. This treble will definitely fall into the Altcoins market giving the whole trend another line of defense.
Last time the whole crypto market gravitates to $3 trillion. Be ready to witness $5 trillion coin market cap where the craze will propel the dollar to new high. Since it has more liquidity it will benefit tremendously. This could be the paramount for the whole 2024. Anything is possible with crypto. You can only play if you are part of the game. I wish it is possible to buy more time so everyone can participate.
This time a year ago BTC was going below $20k before running back with the bulls.
This is how it works. No straight line, it may go up for a little while and fall back on its back another while. The strategy never changes. Daily cost average the crypto you can afford. Do not be surprised to see #hive getting mad and build a resistance to the dollar.
After so long be ready to witness ten thousand Mr. Saylor coming to do what he does and sit on $60+ million positive equity for #Microstrategy.
Next year first three months will be rocket fuel for crypto. So much to focus on. Inflation is always in the middle poking fun at everyone. The rest of the year it will be drama everywhere. Crypto thrives when tough gets going. If you recall it was born in a tough perimeter, battling the status quo. The emergence of what it can provide is shifting right beneath our feet.
Be glad if you can see the writings and make sense of it.
Or you can just take the blue pill.