Gold passed $2,400 for the first time EVER
Congrats to
@PeterSchiff
on his massive 26.3% total return over 13 years (1.8% per year 🤯🤯)
Gold has its benefits...
But even if it goes to $2700, you would have made 42% on your investment since the top in October 2011
If Bitcoin didn't exist, gold would probably be much higher right now (because supply wouldn't fulfill demand)
#Bitcoin is the only asset that anyone in the world can buy
Real estate is reserved for the wealthy few who can accumulate thousands of dollars (this is a lot of money in most countries)
Stocks are reserved for people in countries that have access to the global financial system (most don't have access)
Bitcoin is the only asset that someone can buy fractions of, with any currency, in any amount, as long as they have an internet connection
Financial freedom blueprint:
Step 1: Track expenses
Step 2: Create a budget
Step 3: Pay off high-interest debt
Step 4: Build an emergency fund
Step 5: Buy #bitcoin
Step 6: Get term life insurance
Although my friend didn't start buying #Bitcoin    until it was around 40,000 USD, today he said he feels like he was so early in January.
He said "I wish I had just bought as a lump sum instead of waiting for the price to go down."
He had the cash on the sidelines, but he thought the price would drop... so he waited to buy.
He ended the conversation by saying he's going to wait until Bitcoin drops below $60K before he goes all in 😂😂😂😂
Something becomes a religion when the people who believe in it can't be swayed by facts
Real estate is a religion
Most real estate investors will never be swayed by facts and data that show that their asset of choice is failing as a savings vehicle in terms of #Bitcoin
Housing prices reached a new all time low in 2024 when priced in bitcoin (even though they went up in price in terms of USD)
#Bitcoin    feels like a cheat code
The 9 Bitcoin ETFs have purchased ~225,000 #Bitcoin since the launch in January.
IBIT alone has absorbed all of the Grayscale selling.
This is a net purchase of ~3,600 Bitcoin for every trading day since the launch.
In the next few months:
- Hong Kong ETFs will be approved (demand 📈)
- Halving will mean supply is cut in half overnight - (supply 📉)
- More institutional investors will add Bitcoin to their treasury (demand 📈)
- More retail investors will become interested (demand 📈)
All of this points to the price going up over time.
We can see from ETF volumes that purchases accelerate when the price goes up.
I have never met someone who studied #Bitcoin and doesn't trade or hodl it.
#Trade
TG: @Rajatsonitrade
STUDY #BITCOIN
More people will figure it out over time, just like
@lindsaystamp3
The rich get richer because they use compounding to their advantage.
99% of people have spent no time studying #Bitcoin and have no allocation to it
And yet they will confidently say Bitcoin is going to zero...
EVEN THOUGH THEY DON'T KNOW WHAT IT IS
They are going to look back at these tweets in 20 years and be so angry with themselves...
TG: @Rajatsonitrade
😂😂😂😂
#Hodl and day trade
TG: @Rajatsonitrade
If you invest $500/month in the S&P 500 for 34 years, you'll end up with ~$1M.
This is based on the estimate the S&P 500 will return 10%/year and inflation will be 2% (I used to think this was true too)
I think inflation is going to be much worse than the usual 2% estimate over the next 30 years
$1M is a nominal figure - it's just the number you see
But what will the REAL purchasing power of $1M be in 30 years if inflation is 5-7%?
With 10% returns and 5% inflation on average, your portfolio's real value will have $530,000 in today's purchasing power
the next move in the market is always uncertain...all we can do is play the game of probability and use proper risk management
#Trading
TG: @Rajatsonitrade
Price patterns are fractal by nature, but no previous pattern is ever 100% identical to the current one.
Essentially, each pattern is constructed by two elements:
1. Time
2. Price
If you remove time, then price movement is simply areas of higher density versus lower density. Price is more likely to gravitate (and interact) towards these higher-density zones.
#trading
TG: @Rajatsonitrade
Gen Z and Millennials can't afford homes because
@DaveRamsey
and other finance gurus have turned housing into a business
#Bitcoin fixes this
Most peope still expect #Bitcoin    to disappear
We are so damn earlyh
Hodl and day trade
TG: @Rajatsonit
radettps://m.primal.net/HtOo.jpg
At some point, the only way to acquire more #Bitcoin    will be to exchange products and services for it.
