Bitcoin to the Moon
Scarcity of bitcoin and fundamentals of decentralized finance in future are something which is common sense with adoption curve of crypto which looks like internet in 1990. Idea to buy the dip and hold has it's strong fundamentals. Dollar cost average is best strategy when it comes to investing long term because person cannot physically invest money now that will be earned in future.
Halving event of bitcoin which happened 1 year ago did push price to new ATH and now there is 50% correction. Some argue that it's too much to be called correction and potential bear market. But crypto bull market never topped ever before like this. It always did have huge delusion and fomo effect. So I don't think we are in bear market and don't think that will happen anytime soon. Correction like this is normal if there is lack of liquidity. However, on the other hand, now institutions are present and investing in bitcoin. There is just 10% left bitcoin to be mined until 2140. and available on exchanges. People are not willing to sell while institutions and investment banks are now involved and they want huge portion. They cannot get if people do not sell and that's why I think this is ARTIFICIAL BEAR MARKET MANIPULATION so they grab your bitcoin. China FUD is not important. Bitcoin is decentralized P2P network and no government or central bank can stop it.
According to "Stock to Flow" model, we are still early in this bull run and top should be somewhere between 100-300k. Fed prints money like crazy, inflation skyrockets so time came when it's best investment to buy real money(bitcoin, gold and silver) with fake money(us dollars backed by nothing).
Disclamer: I am just normal guy who likes investing, mathematics and analysis. I do not hold any degree in economics and I am not financial advisor. That being said, this is NOT considered any investment or financial advice. Do your own research before investing and never invest more than you are ready to lose.
Halving event of bitcoin which happened 1 year ago did push price to new ATH and now there is 50% correction. Some argue that it's too much to be called correction and potential bear market. But crypto bull market never topped ever before like this. It always did have huge delusion and fomo effect. So I don't think we are in bear market and don't think that will happen anytime soon. Correction like this is normal if there is lack of liquidity. However, on the other hand, now institutions are present and investing in bitcoin. There is just 10% left bitcoin to be mined until 2140. and available on exchanges. People are not willing to sell while institutions and investment banks are now involved and they want huge portion. They cannot get if people do not sell and that's why I think this is ARTIFICIAL BEAR MARKET MANIPULATION so they grab your bitcoin. China FUD is not important. Bitcoin is decentralized P2P network and no government or central bank can stop it.
According to "Stock to Flow" model, we are still early in this bull run and top should be somewhere between 100-300k. Fed prints money like crazy, inflation skyrockets so time came when it's best investment to buy real money(bitcoin, gold and silver) with fake money(us dollars backed by nothing).
Disclamer: I am just normal guy who likes investing, mathematics and analysis. I do not hold any degree in economics and I am not financial advisor. That being said, this is NOT considered any investment or financial advice. Do your own research before investing and never invest more than you are ready to lose.
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