Not a single bottom in the history of #Bitcoin actually looked like a bottom but more like a fully broken structure like in 2015, or 2018.
Buying very big for the long term, I dont care for short term price movements. Iam ready to hold two or three years.
See you in 2024
#Ondo Global Markets will go live Feb 8-10 (30 days)
You will be able to trade US tokenized equities on @OndoFinance GM as follows:
Let us illustrate with an example to better understand how Ondo GM will treat tokens. When a client purchases a security at Ondo GM, she will be given a token. For instance, consider Alice, a client of Ondo GM, who wishes to purchase #TSLA (Tesla Inc) stock. Alice can fund her account with stablecoins or fiat and then instruct Ondo GM—via smart contract call, API, or web app—to purchase TSLA. Ondo GM will promptly purchase TSLA at Nasdaq and hold the shares in its broker-dealer’s account (ultimately at the DTC). In return, Alice will receive TSLA tokens (tTSLA) with transfer restrictions that limit transfer to addresses associated with other Ondo GM clients.
Alice could send her tTSLA tokens to someone else who is also a client of Ondo GM, and Ondo GM would observe that token transfer and treat it as authoritative settlement instructions to initiate an intra-broker-dealer transfer of shares (i.e. within the authoritative books and record of Ondo GM’s broker-dealer).
This practice of using the blockchain as a messaging system for otherwise centralized and regulated businesses is not dissimilar to how #Silvergate and #Signature treated blockchain messages on #SEN and #Signet, respectively, as authoritative instructions to initiate balance transfers between different users with accounts at the same bank. In the context of Ondo GM, the assets that can be moved are public securities rather than bank deposit balances. Additionally, Ondo GM will use tokens on public blockchain networks with transfer restrictions (whereas SEN and Signet were permissioned), and token holders will be able to use smart contracts for automation and other purposes.
Remember:
No leverage
No FOMO
Top 3 to 5 assets as main bag
Self-custody (or multi-sig) with good wallet hygiene Only trade a small Degen bag <10%
HODL over a longer time horizon
Zoom out and remove the noise
*** Expect 35% pullbacks frequently ***
*** BTFD if you can
Bernstein Research is bullish on #Bitcoin with $180,000 target:
- #Bitcoin is in a structural bull market
- Supportive Trump admin
- Institutional adoption
- Favorable macro
None of previous cycles have seen such a variable conditions
Kamala Harris will not be speaking @TheBitcoinConf. No surprise. What can she say to us when she’s actively imprisoning developers, forcing our industry overseas, attacking PoW… it would have been a disaster for her.
All eyes on Trump now.