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Seth Michael Steele
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We must live together as brothers or perish together as fools #Bitcoin

My favorite part about #Bitcoin hitting the highest levels in a year…it all happened off the back of TALKS of more institutional adoption. Imagine what will happen when it’s a 100% verified and real!

I’ve seen two theories of what will happen when this takes place:

Either they pump price so hard, so quick that overnight becoming a wholecoiner gets significantly harder…

Or they enter the market in a secretive and strategic way that is almost impossible to notice.

Only time will tell which is going to be closer to the truth.

#Bitcoin is in a class entirely of its own, there is no comparison nor will there ever be.

Just think about this. We live in a man made society and just accept that our money will buy less each year…it’s not society or the world that’s broken it’s the money! #BTC fixes this!!!

#Bitcoin’s likelihood of continued adoption as a mainstream asset is only boosted by institutional interest.

It’s important to zoom out; 13 years ago #BTC was worth less than a penny, and it’s become apparent that even after all of that growth; it’s STILL undervalued.

Elder whales are starting to wake up, I wonder how they will react to the newfound institutional demand...they are most capable of front running this catalyst…but will they choose to sell out? This next halving will cause #Bitcoin to, without a doubt, be a better SoV than gold due to an increased S2F ratio.

Wallets waking up after over a decade of inactivity always inspires such wonder and respect. Who are these people with the MOST diamond of hands?

Even though #Bitcoin will take an initial dip after a majority of holders are back in profit, the ones who refuse to sell eventually cause a supply and demand imbalance that drives up the scarcity in an illogical fashion.

Price is correlated with scarcity, no-coiners notice the prior, but it’s really the latter that is special. Scarcity allows #BTC to be fair money that keeps getting fairer.

When it comes to growth and beauty; #Bitcoin is a dandelion. It’s ability to spread and adapt only strengthens this metaphor.

#BTC resonates more so with younger generations than older; this is frustrating currently, but is logically indicative of a bright future.

#Bitcoin’s asymmetric bet on appreciating, otherwise known as NGU, is likely to stay in place until at least 2140.

I suspect after the halving events are finished, the value of the network will continue to appreciate, but in a less volatile nature. Keep in mind it IS very far out and hard to be certain what the actual effect will be.

It’s doubtful #BTC will cease to offer a safe means of value protection, far from the dangers of economic collapse or inflation/debasement.

No one can “print” #Bitcoin without the adequate PoW. This makes it honest money. Something the masses haven’t had access to for far too long.

#BTC  is global. Not only could it connect the earth. It will always reign superior over any currency imposed by a “World government”. #Bitcoin is holding your money with a community for the benefit of everyone, rather than a banker…who quite literally seem to take client’s money and gamble with it, keep the majority of the profit…then throw all of the liability on their clients, the taxpayers, and the future generations. It’s revolting and completely legal.

Another silly thing about traditional banks is they are limited in their ability to give every person an account. Thankfully #Bitcoin was designed to fix this, and we are accelerating towards a world where this becomes reality.

I know it is said that #BTC can improve most diversified portfolios, and while this may be true, I think it’s more so to do with #Bitcoin’s excellence. The most diversified portfolio is simply the entire market. People who “beat the market with diversification” actually beat the market with concentration.

This is why I’m #BTC-only with extreme levels of conviction. There is no second best portfolio.

#Bitcoin is the goat…literally it’s gonna eat everything. One tin can I’m excited to see the #BTC goat devour is the $119 trillion dollar global bond market, in 40 years who would prefer to hold bonds over #Bitcoin?

Bonds have been ruined by inflation and it’s shockingly easier to get worse than it is to reverse.

I doubt there will actually be a recession, but even if there was, I would rather hold #BTC than bonds.

#Bitcoin is taking a breather after this past rally, and we would be lucky if it didn’t resume anytime soon in terms of accumulation.

I’m okay with #BTC taking a dip, even taking the entire market with it, $BTC.D will rally and wreck 💩coins harder.

Don’t get greedy, stay humble, and stack sats!

News flash:

#Bitcoin will get better over time and Fiat will get worse…and this isn’t #BTC’s fault!

#Bitcoin overtaking gold’s market cap seems just around the corner, imagine the narrative shift when this happens!

#Bitcoin doesn’t need regulators to beat competition, but it seems they are volunteering their energy and resources to the network in their own special way anyways. 😂

Another 50% pump would be painful for those of us who like accumulating cheap sats…but it would be a cake walk for #Bitcoin in the grand scheme of things. $45k still isn’t close to ATH, but another 50% pump from there would be.

All things considered, I would still deem buying #BTC at any of these levels a deal, and even though I have a way better understanding of the cycle this time around, I still plan to accumulate through both the bulls and bears.

Although it may feel like we are currently getting very euphoric, if history repeats, or even simply rhymes, then this is just the beginning.

Volatility can work in the truly humble pleb’s favor when it comes to accumulating #Bitcoin. You should hope for those death candles that liquidate the greedy, leverage using whales, and redistribute their stack to honest plebs.

At the end of the day you can only control yourself…so do what you must to avoid becoming whale food.

It’s also best to not worry about the activity of whales…you might drive yourself crazy! After all, rumor has it there are bigger fish coming to play! 😉🧡

#Bitcoin is starting to build hype, and from the looks of it, it’s NOT looking back. The newfound institutional interest is like a new rocket fuel theorized to take the #BTC rocket higher than its ever gone before.

Maybe rate hikes can suppress price action in the short term, but I disagree with the idea that #Bitcoin can only thrive in low rate environments. No one government or their interest rates have enough power to affect #BTC in such a way!

Still curious to see what happens about these ETFs…it seems more likely now than ever to get approved, and of course BR gets first mover advantage… 🤦‍♂️

What do paper hands and longs have in common? #Bitcoin pullbacks will wreck them. Don’t let this be you, avoid leverage and harden your diamond hands!

Those with high conviction and low time preference know that the pullbacks offer opportunities, and capitalizing on opportunity is a given for anyone who understands #BTC.

Once you understand Fiat might outperform #Bitcoin in the very short term, but #BTC will continue to outperform in the long term, you start to get that much needed conviction when it comes to hodling.

Once you realize you aren’t trying to outperform the market, rather monetary expansion, it becomes clear.

What does the future hold for #Bitcoin? Well right down the road we have a halving event, and past that all I can see are fireworks.

Skeptics might tell you it’s not there, but what do they know, they are always looking at the ground, not the horizon.

#BTC is for those who watch the horizon, not those that watch their feet.

There’s nothing that can stop #Bitcoin from gaining the perpetual momentum, that is programmed into the code, like clockwork. ITS A FREIGHT TRAIN!!!

I’m talking about momentum so great in nature that 10s of thousands of scams will surf their way to their own small fortunes on the wake of #BTC’s mega yacht life raft. Still combined they could not equal the pure power behind the king asset.

There is no loser when it comes to buying and hodling #Bitcoin. Either your #BTC appreciates in terms of your native currency, or your native currency outperforms #Bitcoin in the short term; giving you the opportunity to appreciate the true value of your stack.

1 #BTC = 1 #BTC.

I would love to see a #Bitcoin only alt season… I know it’s a big wish, and due to lack of exposure I have nothing to gain, but maybe this type of sand in the eyes of 💩coiners would finally let them see the truth. As backwards as THAT is, there IS no second best.

I’m not worried about a dip of any size, even if we were to dip down to $10k, I’d consider that a dream not a nightmare.

I am worried about how much longer I can stack #Bitcoin under 6-figures. Each time I’m able to feels like a blessing.

Those who maintained conviction and stacked through the bear will be able to appreciate the multi year bull run to a higher degree than anyone else. You are arguably the foundation of this bull by keeping demand up through the bear, so pat yourself on the back!

Slow at first, then suddenly; #Bitcoin will continue to spiral up.

The line up for this cycle is already looking stacked, the star player, the halving event, as always, doesn’t actually need a team, but the more the merrier!

Although some might fear #BTC ETFs, because they give institutions an easier way to short…I salivate at the thought of what kind of short squeeze we could see in that hypothetical!

I can not stress how early in the cycle we are, “taking profits” wouldn’t be a big 🧠 move. UNLESS of course; you are taking profits into #Bitcoin, that’s the only form of TP I recognize or practice. Let it roll!

Stay humble and stack sats, it won’t be an easy ride, but this just means there will be more opportunities along the way!

#Bitcoin maturing and losing correlation with other assets is not a bad thing.

It can give #BTC more potential to outperform, which is a very likely scenario believe it or not.

This is just the start, new ATH is when the real FOMO starts!!!

The dominoes are starting to fall this cycle. BlackRock, a VERY big domino, started an arms race or rush to get as much #Bitcoin as possible that I’m doubtful will end anytime soon.

#BTC is for everyone and the ETFs will be a net positive for the space especially those who self custody. Increased demand is nothing, for someone who stays humble and convicted through the bear market, to fear.

#Bitcoin’s neutral nature is a feature not a bug.

Institutional interest will boost liquidity, boosted liquidity of the most liquid asset will increase demand, and increased demand of an asset with a fixed supply will usually drive up prices.

No matter what happens I believe staying humble, practicing self custody, and sticking to your plan/resisting FOMO and FUD will be the most rewarding approach to #Bitcoin.

This pump we are experiencing is a clear indication of a momentum shift, as the bull market begins to come together more FOMO and volatility can be expected.

If history has taught us anything, it’s that this is just the beginning of the bull market and that the sky is the limit when it comes to #Bitcoin .

$30k might be closer than you think…how strong are the resistance levels above that? 🧐😉