I know the market isn’t ready yet for discussions about where this cycle is headed. There isn’t even a consensus on whether the bottom is in.
At $60K, it obviously wasn’t 100% clear, so those who missed it certainly have their reasons. But now, there are so many confirmations that you can pick whichever one you prefer.
At this stage, it’s not wise to keep waiting for a better entry. Every entry is a good entry - of course, assuming you understand where the cycle is headed.
Why is it that when X influencers open a leveraged position - short or long - they screenshot and post everything except the liquidation price? Is it because they don’t want you to know they’ve already been liquidated when they post, “Adding more to my short”? 🤔
@michaeljburry When someone stays short for too long, their mentality can become so distorted that they’d rather see the world end than admit they were wrong.
Bitcoin is becoming the money of the elite, and there’s little we can do about it except inform more retail investors and make them aware of the opportunity to become part of it while they still can.
The rich buy; the poor sell. The rich don’t buy because they’re rich - they’re rich because they buy.
This is probably my last post about gold. I really hope that everyone who follows me is already out of gold and fully in Bitcoin, mainly because the next year is not about gold - it’s all about Bitcoin.