Global Feed Post Login
42
Machaslammer
4262d23839e31b4b16d3ac2713086ef1aeac2be07e73b5ff79eb5500eabf03ec
Bitcoin enthusiast and Retired Engineer. Founded Machamer Consulting to assist clients with ownership of real Bitcoin in a multi-sig, collaborative custody vault.
757Bitcoin.com
Replying to Avatar jack mallers

1. Over-exuberance on government hope, as if this time is different

2. Reality check hits: It’s not different, we have liquidity problems, the dollar is too strong… DUMP IT. (we’re probably here now)

3. Stack the dip while everyone feels emotional, rekt, betrayed, and confused.

4. Bitcoin rips to $250k+ because it’s the best expression of currency debasement. The dollar has to weaken, inflation is coming, and nothing stops this train.

Reminder: Bitcoin didn’t close above $2,500 until June 2017. The all time high that year was $20k.

History rhymes. Anyways, I’m back to work. Stay focused! 🫡

42
Machaslammer 11mo ago

Back to basics; stack and hold. Orange pill others.

Load More