When you realise the train left 3 years ago. BTC!
Updated
The parabolic returns on bitcoin have been declining since its inception, if BTC continues its historical trend, it can continue upwards from here, even perhaps to $100,000, could it go to $10'000 first? its crypto, its 50/50, who knows, it is certainly possible. But in regards to its historical trend, it is possible to continue past its all time high, and on to a new high. but the excessive returns of the past are just that, the past. There are ads referring to crypto on the radio, mainstream news outlets are all over it. half the people I know now have either made money or lost money on BTC. its not new anymore, its mainstream.
Crypto was a great investment in 2017, I put $5000 into crypto in early 2017, and by the end of the year it was $20'000, easiest money I've ever made. however between 2018 and 2019, I day-traded that $20'000 into $84. yep $84. which I subsequently turned into $20 through a simple keyboard error in 2022, not a bad trade, I accidentally hit enter, with no recourse I immediately lost $64. had I simply left that money in crypto and not touched it, it would have gone from $20'000, to $3000, to $65000, and all the way back to $15000, to eventually be worth the $21000 its trading at today!
During the 100'000 trades I executed over 2 years, from 2018 to 2019, in crypto, I nearly lost my family and my Job suffered horribly, I would constantly be woken up by alerts, some times passing out at my keyboard, chasing the next trade, making $400 a day for days straight, only to lose it when I get tired, I was a trading addict, and I am lucky today to still have my lovely wife, family and my job. one day I was trading at my desk and I liquidated an account through sheer foolishness, it was only $300, but even so it was a trading mistake I never would have made had I slept well the last 3 days. I went to my wife hugged her with tears in m y eyes, realized I had become a man I never wanted to be, some money hungry fool, all I wanted was money so I could give my family our best life, but I broke that day, I deleted my telegram account, I gave my channel to a colleague as a gift, and went about learning how to give my family the best life ever. it took me a year to be able to stay awake for a whole day, I was exhausted.
Since 2020, I have focused on eliminating downside risk, prioritizing happiness and focusing on long term consistent gains, while investing in living the best life ever. in 3 years since 2020 I have achieved more financial gains than in the total 20 years I have been working, and I have done it all outside of crypto.
So everyone wants to make charts on BTC, you all want to get rich through crypto, well guess what? you missed the train, even if BTC goes to $100'000, thats a 500% gain, and honestly who is the crazy person who is waiting for bitcoin to get to $100'000 to buy it? the last bull runs have been 1800%, 10'000%, 100'000%! Each bull run has seen a decline in the revaluation the crowd has been giving crypto. if you want to add a bitcoin to you collection of financial instruments, go ahead, but don't make it your get rich quick scheme, because it's not. The majority of people won't be able to time the crypto market, and will panic with the market volatility, so that leaves about 10% of people (as a maximum) who will make significant gains. for everyone I know who made 200% or more gains, i know someone who lost 50% or more, what kind of odds is that? 50/50, I don't know how this translates into the broader market but a 50/50 bet is gambling.
In conclusion, you are rich now, you don't have to get rich, make someone laugh, give a little help to someone in need, be nice to people, do what you love doing, be grateful that you are a living human. life doesn't change when you get rich, if you don't feel wealthy today, money is only going to make you rich and sad, you want to be wealthy on the inside and the outside. I personally invest 33% of my money into inflation hedges, (such as the markets, assets, businesses and education) but crucially I invest 20% of my money into living my best life, because I asked myself, what would I do if I was rich today? Then i went ahead and started doing exactly that.
I wish anyone who got this far the best of luck in the future, i hope you outperform even your loftiest goals, and your life is filled with happiness, fulfillment, and rich experiences. I am grateful for your time, thank-you, Ryan.
Crypto was a great investment in 2017, I put $5000 into crypto in early 2017, and by the end of the year it was $20'000, easiest money I've ever made. however between 2018 and 2019, I day-traded that $20'000 into $84. yep $84. which I subsequently turned into $20 through a simple keyboard error in 2022, not a bad trade, I accidentally hit enter, with no recourse I immediately lost $64. had I simply left that money in crypto and not touched it, it would have gone from $20'000, to $3000, to $65000, and all the way back to $15000, to eventually be worth the $21000 its trading at today!
During the 100'000 trades I executed over 2 years, from 2018 to 2019, in crypto, I nearly lost my family and my Job suffered horribly, I would constantly be woken up by alerts, some times passing out at my keyboard, chasing the next trade, making $400 a day for days straight, only to lose it when I get tired, I was a trading addict, and I am lucky today to still have my lovely wife, family and my job. one day I was trading at my desk and I liquidated an account through sheer foolishness, it was only $300, but even so it was a trading mistake I never would have made had I slept well the last 3 days. I went to my wife hugged her with tears in m y eyes, realized I had become a man I never wanted to be, some money hungry fool, all I wanted was money so I could give my family our best life, but I broke that day, I deleted my telegram account, I gave my channel to a colleague as a gift, and went about learning how to give my family the best life ever. it took me a year to be able to stay awake for a whole day, I was exhausted.
Since 2020, I have focused on eliminating downside risk, prioritizing happiness and focusing on long term consistent gains, while investing in living the best life ever. in 3 years since 2020 I have achieved more financial gains than in the total 20 years I have been working, and I have done it all outside of crypto.
So everyone wants to make charts on BTC, you all want to get rich through crypto, well guess what? you missed the train, even if BTC goes to $100'000, thats a 500% gain, and honestly who is the crazy person who is waiting for bitcoin to get to $100'000 to buy it? the last bull runs have been 1800%, 10'000%, 100'000%! Each bull run has seen a decline in the revaluation the crowd has been giving crypto. if you want to add a bitcoin to you collection of financial instruments, go ahead, but don't make it your get rich quick scheme, because it's not. The majority of people won't be able to time the crypto market, and will panic with the market volatility, so that leaves about 10% of people (as a maximum) who will make significant gains. for everyone I know who made 200% or more gains, i know someone who lost 50% or more, what kind of odds is that? 50/50, I don't know how this translates into the broader market but a 50/50 bet is gambling.
In conclusion, you are rich now, you don't have to get rich, make someone laugh, give a little help to someone in need, be nice to people, do what you love doing, be grateful that you are a living human. life doesn't change when you get rich, if you don't feel wealthy today, money is only going to make you rich and sad, you want to be wealthy on the inside and the outside. I personally invest 33% of my money into inflation hedges, (such as the markets, assets, businesses and education) but crucially I invest 20% of my money into living my best life, because I asked myself, what would I do if I was rich today? Then i went ahead and started doing exactly that.
I wish anyone who got this far the best of luck in the future, i hope you outperform even your loftiest goals, and your life is filled with happiness, fulfillment, and rich experiences. I am grateful for your time, thank-you, Ryan.
Note
btc is overbought on the daily, has a bearish div on the 4 hourly, and still hasnt dumped. so a pump to $30'000 is what will probably happen now, because BTC hates people use logic to predict its next move.Note
this is what I would actually expect BTC to do, even though I bet it performs the fist charts action, because bitcoin. I promise I wont update update it again for a couple of weeks. since it is a little too risky either way, and the chart actually looks bearish, but will probably continue up, I would class it as a hold, not a buy, definitely not a short, just a wait and see, for at least one, but probably two movements, and maybe waiting for a pattern to perform. good luck, remember to follow your own rules.
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