Crypto bible; verse 21, section Wealth
“I will take the risk to bring wealth to my family,
I will break the curse of the rat race,
I will be the reason my family name prospers,
For I have no choice but to rebel against those in governce & create an empire for mine” #bitcoin
There's an alternate reality where Kamala won. Bitcoin is worth $22, the S&P is 1200 and we are all serving time for saying "retard" and not being bi.
Pray to whatever god you have and thank it dearly.
When bitcoin has broken all-time highs in the past, the price doubled very quickly immediately afterwards.
Add in the halving in less than 50 days and it is hard to be bearish on the asset.
Here is my full segment from @SquawkCNBC this morning.
What if?...
Next 5-10 years #Bitcoin appreciates but stays in 5-6 figures (not $1m+) as ETF and bank paper #Bitcoin takes demand away.
#Bitcoin becomes viewed as global, risk-off, or alternative asset but the explosion in demand gets syphoned off away.
Then in 2030s exchanges finally depleted and insolvency shows so banks fail and then hyperbolic #Bitcoin into $100s of millions as supply gets exhausted.
2020's "demand" skyrockets.
2030's the masses learn self custody.
Therefore... in the late 2020s just when everyone thinks #Bitcoin is done at $400,000 because "it went from 1% to 20% adoption"... that is right when the fireworks begin.
To me, this makes perfect sense.
What do you think?
If you take out $100K in debt for college people will congratulate you.
If you take out $400K in debt for a new home people will congratulate you.
But if you buy 1.0 #BTC for $25,000 people tell you it’s a risky investment.
Moral of the story: WE ARE EARLY
@ChemsYouTube Been uploading shorts for gym motivation 💪 I don’t get much feedback but the handful of people who tell me I motivated them keeps the 🔥🔥 alive
Why would you be busting your ass at a 9-5, just to make some money to spend at the bar or at the club.
But you wouldn’t spend a hour of your day, searching up what “passive income” is, to make that money work for you??
(5) Listen you bust your ass every day working your 9-5 to have an income. So it's only, right that you invest that income into something that will bust its ass making more money for you passively. Make your goal to have your money work for you, getting you closer to freedom.
(4) Dividend Investing is a game for the long run. But once you let the compound effect take its course, that's when you'll truly start to build wealth. The main goal should be to have your dividend payouts pay your expenses. A proven strategy for financial freedom.