the honest answer is that this is a ridiculously oversimplified example and ignores all manner of risks, fees, and regulatory hurdles that would make it impossible in real life
How to make $1,000,000:
• Borrow $1M at 3%
• Buy $BTC at $60,000
• Wait 2 years
• Sell above $120,000
• Pay back the loan, keep $1M
Why is nobody doing this?
I did not always believe in the four year cycle for Bitcoin.
I used to think it was silly, and that the market had to be more complicated than that.
But then the market proved me wrong. So I admitted I was wrong, learned from my mistakes, and became a better investor.
This cycle, a lot of new Bitcoiners faded the four year cycle and relentlessly mocked anyone calling for the bear market. For many of them, instead of recognizing they were wrong, they continue to laugh at anyone willing to discuss the simplicity of the four year cycle.
They are likely doomed to repeat the same mistakes in the future, since their ego gets in the way of them being able to admit that they were wrong.
There is absolutely 0% chance $BTC bottom is in already
2015: Bitcoin bottomed after -87%
2018: Bitcoin bottomed after -84%
2022: Bitcoin bottomed after -77%
2026: we are now -53% away from ATH
Every dump gets a bit weaker, so realistically we should bottom after -70% ($38k)
The four year cycle strikes again.
Bitcoin just had a weekly close below the 200W moving average.
The first time it closed below the 200W moving average in 2022 was also in June.
This Has Only Happened 3 Times in Crypto History.
It's About to Happen Again...
TimeStamps:
00:00 Only happened 3 times before in Bitcoin's history
01:20 Scaramucci & Novogratz #Bitcoin Outlook
04:01 First Fannie Mae-backed mortgage utilizing Bitcoin
05:18 Ripple CEO's Bitcoin Prediction ($XRP News)