Total addressable financial assets in the world including debt are 900 trillion ...
Total addressable financial assets in the world are around 450 trillion not including global debt ...
Gold is around 10 trillion and Gold held by private market actors non governments is around 4.5 trillion
Bitcoin = 1 trillion Bitcoin is undervalued in my view
Stock to flow = 100K right now Bitcoin is cheap :)
room to grow room to run
i think so ...
1# One Time Bitcoin Started Trading and then it Went from a value of 0 Up To $ 0.9 Then It crashed Down to $ 0. 01 2# Then another Time Bitcoin Ran Up To $ 0.5 Then It crashed Down to $ 0.14 3# Then another Time Bitcoin Ran Up To $ 1.1 Then It crashed Down to $ 0.56 4# Then another Time Bitcoin Ran Up To $ 31.91 Then It crashed Down to $ 2.04 5# Then another Time Bitcoin Ran Up To $ 147 Then It crashed Down to $ 65 6# Then another Time Bitcoin Ran Up To $ 1242 Then It crashed Down to $ 158 7# Then another Time Bitcoin Ran Up To $ 19804 Then It crashed Down to $ 3124 8# Then another Time Bitcoin Ran Up To $ 61769 Then It crashed Down to $ 29188 9# Then another Time Bitcoin Ran Up To $ ??? Then It crashed Down to $ ???
The moral of the story Do not buy bitcoin because it will definitely absolutely crash in the future
//---
trade with tide take advantage of the waves ignore the ripples / noise
Investing / Trading : like water
you can scroll and zoom the chart :)
this publication is not financial or trading advice :) it is intended for entertainment purpose only :) I am an internet cat meme not your financial or legal advisor :)
If your concerned about the price action then I would suggest that your capital allocation is over weighted to the asset ...
Understanding the fundamentals is key Low time preference + stay humble stacking sats :)
Read the top 14 books on bitcoin and rest easy :) Stay humble stack sats
"sideways price action is bullish price action "
INDEX:BTCUSD
Note
Note
Note
Bitcoin is "hard money" hard to debase / produce
Bitcoin is "sound money" easy to verify
Note
Bitcoin is "the truth machine" Bitcoin is "Rules with out Rulers" Bitcoin is a TooL with the purpose of being a store of value
thats what it does thats all it does thats all it needs to do
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.