Society wants you to waste your time and energy competing with others
You need a bigger house, a faster car, or a higher salary
Go against the grain
Stop competing with others
Compete with yourself
If you can say you're a better person than you were in the past, you win
#Bitcoin is a history book that's updated every 8-12 minutes.
It can potentially record every significant movement of wealth in the world.
Blackrock's #Bitcoin    ETF, $IBIT, now holds 257,319 BTC, up 638 #BTC    from yesterday.
900 BTC are issued per day. Around April 20, this will drop to 450.
Blackrock clients bought ~70% of the amount of BTC that was produced.
The S&P 500 and housing market have lost 99% of their value when priced in #Bitcoin.
Each of these asset classes will drop a further 99% over the next 30 years.
They are both liabilities on a Bitcoin standard.
Why are you still buying them as an investment?
A little tip I learned about money:
Live 2 years behind your current paycheck.
If you get a $10k raise, act like you didn’t get it for another 2 years. Put that money to pay down debt, save or invest. Don't inflate your lifestyle for 2 years.
Another higher low in the play for #Bitcoin
As long as people think the US dollar has value, #Bitcoin    can increase in price by hundreds of percent every 4 years.
I don't think we will see diminishing returns because the US government will have to print more money just to sustain the financial system.
How much of this will eventually find its way into Bitcoin?
The US national debt is already at almost $35 TRILLION and I think we will see $150 trillion within 20 years (this is very conservative).
The US government made a lot of promises over the last few decades (for example: social security) and the people who trusted those promises are going to start cashing in (the Baby Boomer generation).
How far will the US government go when Social Security payments are worthless?
When there are videos of 90-year-olds working at Walmart because they can't afford the cost of living?
How much money will it have to print to keep getting votes from people who are not productive?
Newer generations will pay for these promises by having their wealth devalued.
Most young people can save nothing for their future because the basic cost of living is so high.
When these people are homeless and have nothing left... who does the government go after?
My thoughts:
Anyone holding real estate and stocks will very likely be the ones to pay for those promises in the form of higher tax rates.
Today, they are protected because they are the majority.
When the majority can't afford homes and the basic cost of living, real estate investors will no longer be protected by governments.
Nobody can guarantee that property taxes and capital gains taxes will NOT go up in the coming years.
This is how governments will attack anyone that's still part of the system they control.
Real estate investing will be a losing game at this point.
I think by then, smart money will have already moved from real estate to Bitcoin.
Dumb money real estate investors who got there by luck won't figure out that they're being rug-pulled until a house is worth less than 0.01 Bitcoin.
These are the people ignoring Bitcoin right now.
Society is built on getting you into debt.
- $50,000 weddings
- $500,000 mortgages
- $500 monthly car payments
- $50,000 in student loans
are all seen as normal.
In reality, they're all just ways to get you to work forever while not being able to buy assets for the future.
Hodl and trade to enable you pay your debt
TG: @Rajatsonitrades
$BTC range continues like I mentioned in my last tweet. As long as we do not lose the VAL (lowest blue line) I will remain bullish on $BTC on HTF.
TG: @Rajatsonitrades
#BITCOIN HISTORY IS REPEATING!!! 🚀
TG: @Rajatsonitrades
#Altcoinseason will start once #Bitcoin breaks above its ATH.
A gigantic #Bitcoin breakout is imminent! 🚀
TG: @Rajatsonitrades
Do we need to worry about this #Bitcoin bear flag?
If you are consistently investing, you are doing more than most people.
Good job. Keep it up.
TG: @Rajatsonitrades
There is a massive #Bitcoin breakout coming.
Are you ready?
Once #Bitcoin will hit $72k, there will be billions worth of short liquidations.
The legacy financial system is a zero-sum game
Stocks and real estate concentrate wealth with the people who own them by extracting it from people who don't
If you own real estate and stocks, you are better off
If you don't you are worse off
"#Bitcoin    isn't scarce because you can split it into smaller units"
I'm going to break down why this is not true in a way that anyone can understand:
You have 2 whole pizzas that are not cut. Each one is identical in size.
If one pizza is cut into 10 slices while the other is cut into 8, does the one with 10 slices magically have more food?
No.
You have the same amount of pizza, but when you have 8 slices, each slice is 12.5% of a pizza and when you have 10 slices each slice is 10% of a pizza.
Now let's move away from pizzas and talk about Bitcoin.
The Bitcoin network issues a currency - BTC. There will only ever be 21,000,000 of these currency units. 1 BTC will always be 0.0000047619% of the network.
The 21,000,000 is arbitrary - the algorithm used by the network stops producing more coins when there are 21,000,000 in existence. This number could have been 100M, 500B, or 100T. It doesn't matter.
Each BTC can be split into 100,000,000 units called Satoshis. Smaller units means the network can handle smaller transactions.
You can compare BTC and Satoshis to Dollars and Cents. In total, there are 2.1 quadrillion Satoshis. Today you can buy ~1500 Satoshis for 1 USD. You can split $1 into 100 cents.
If I have 10,000 cents, do I have more money than someone who has $100?
No.
Both of us have 10,000 cents or $100. Each one is equal to the other! $100 X 100 cents = 10,000 cents
The US government may be selling $2B of #Bitcoin!
Don't freak out, don't sell the dip, don't try to front run the market
Look at this as an opportunity to buy lower
If this Bitcoin is sold, maybe we see lower prices
If it isn't and you sell, you may never be able to buy the same amount again
Don't panic and make a decision
Think it through, look at how your decision will impact you 10 years from now
If you sell and all of this turns out to be fake, you'll be left with no Bitcoin while the US government continues to hold
#Bitcoin is NOT a get-rich-quick scheme.
I buy Bitcoin knowing that the price can move sideways or drop 50% within 2 weeks and not recover for 3+ years.
I'm ok with that because I'm not saving in Bitcoin to retire early.
This is just a way for me to store my wealth and avoid inflation for decades to come.
If, for whatever reason, countries and large institutions start adopting Bitcoin along the way, I'd be perfectly fine with getting rich quickly too!