Bitcoin sails's avatar
Bitcoin sails
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Experiencing cumulative returns is amazing and encourages looking to the future, and it is available to everyone right now. #StudyBitcoin Next 12-16 years, turn every: 200 saved now into 5k 2k saved now into 50k 20k saved now into 500k #Bitcoin
“You can only move a thought with another thought” -Unknown
$5k bought a Quarter of Bitcoin in Dec ‘22 (0.25 BTC or 25M Sats) Today $5k buys a Dime of Bitcoin (0.1 BTC or 10M Sats) In the next few years $5k may only buy a Nickel of Bitcoin (0.05 BTC or 5M Sats), eventually only a penny of Bitcoin (0.01 BTC or 1M Sats) The last 16 yrs from 2008 to 2024 I saved my economic energy in tech stocks like Apple, Amazon, Nvidia, turning every: $200 into $5k $2k into $50k The next 16 yrs from 2024 to 2036, I’m saving my economic energy in Bitcoin to turn every: $200 into $5k $2k into $50k 1 Bitcoin = 1 Bitcoin.
Is it typical for European countries to only accept Euros and not dollars? First time visiting Europe and was surprised that in Greece and Croatia, merchants wouldn’t bother taking dollars for exchange.
The beauty of #DCA. #ZoomOut. #StudyBitcoin. As a learning member of the class of 2021, Dollar Cost Average (DCA) investing $x,xxx per month in BTC starting in 2021 - as of July 2024 my family and I have managed to accumulate x.xxx BTC at an avg price of $40k/BTC for a total cost of $xxx,xxx, now valued at $xxx,xxx with a $xx,xxx (+47%) gain. March 2024 buys are comfortably in the red by -10%-20%, while 2022 stores of value are +205%. The beauty of DCA. Even if we stop now, critical mass is already in motion, proving the time tested strategy of ‘time in the market’ vs. ‘timing the market.’ #Accelerate @70k, +72% @150k, +269% 2025? @250k, +515% 2028? @500k, +1,093% 2033? @1M, +2,358%
What do you mean by “apex” asset? “Who’s the best?!” #Bitcoin is for the 21st century what the S&P 500 was for the 20th, plus. The best place to park your life’s energy to steadily maintain and grow its value. Having a place to store your money that is liquid and resistant to inflation/debasement, censorship, and seizure is the property rights freedom that owning assets/property during the last 100 years provided; whether it was real estate, a business, art, gold, or stocks/securities/part of somebody else’s business. Bitcoin wasn’t available during the last 100 years, but it has been the apex asset out-performing all the rest over the last 5-10-15 years, and is available for you now for the next 100, plus. You are not too late, rather we are still early. Grab the bull by the horns. #StudyBitcoin
Do I have this right about #Bitcoin? If you are reading this, I’ve followed you on Nostr or X/Twitter for a while and probably saw you on a podcast or read you. I have enjoyed learning from you anonymously. Thank you. This is my first ever post on Nostr and I don’t know if many people will see this or respond. Do I have this right about #Bitcoin? I can store the money I earn within the largest decentralized digital network on earth with a protocol designed to produce a scarce supply of the underlying money/asset, secured by its design and the energy it takes to produce it, with limited counterparty risk? Nobody can debase or take my stored energy/money unfairly or without my consent? I can send value stored in it wherever I want without anyone’s permission? And all I have to do is securely store my own keys and hodl it, and there’s an app for that? I can optionally setup a private node on the network for verification & participation? It’s the best performing asset over the last 15 yrs of any asset class or any tech or wholesale/retail stock that I’ve invested in over those 15yrs, including APPL up over 4.5k% since 2008, COST up over 730% since 2009, NVDA up over 7.8k% since 2010, AMZN up over 1.4k% since 2011, SHOP up over 600% since 2017, MELI up over 500% since 2017, HUBS up 330% since 2018? Yes- confirmed, if I would have traded for Bitcoin instead, I would have been up way more than my equity investments. Supply is scarce with daily production cutting in half in the spring of 2024? Demand is high due to it now being beneficial for corporations to own it on their balance sheets due to recently approved rules for fair market accounting? And ETFs are expected to be approved and available for easier institutional firm investments starting in 2024? Meanwhile the backdrop is continued increased dollar supply and expanding US 34T debt with 2T/yr deficits against increasing deflationary producing technology such as AI which is soon to be in more parts of my every day life? Per math the current US & world debt is already insolvent and appears to require continuing raised debt ceilings and inflating more fiat dollars, without much other choice or options? I think I’m sold on the Bitcoin value proposition and see that it’s backed by math, energy, and the decentralized operations that protect the rules/software/code/protocol from changing/rug pulling me vs. what’s happening with the theft/debasement of fiat “money” today. From everything I have read and learned, it appears to be a better designed money and a better store of value to save my energy, and can easily be used or converted to any other medium of exchange. No brainer. I’m in. Action today: Trade in my devaluing dollars for the increasing value and purchasing power of Bitcoin. Hodl. Continue to dollar cost average this trade each month from here starting now. Research and buy the right hardware to secure my keys. Research node hardware and how to install and run it on the network. Please correct me wherever you disagree or comment where you do. Thank you! P.S. If my wet dream comes true and magically the BTC ETFs don’t get approved today and it pulls back to 40k or below, I’m aping in.