Bitcoin consumes so much energy because it uses a fully mechanical & digital process to ascertain truth. It doesn't rely on the authority of anyone.
It isn't a more energy-intensive way of doing consumer payments; it's a less energy-intensive way of achieving consensus than war.
THREAD // How I Invest
1. Successful Investing starts with Education
2. Psychology of Trading & General Rules
3. Essentials of Fundamental Analysis
4. Master Technical Analysis
5. Screening for Stocks
6. Making a Watchlist
7. Money Management
8. Diversification of Accounts
This map shows distribution of reachable #Bitcoin nodes found in countries around the world.
There's about 10,000 nodes protecting the network right now, and each one has an entire copy of the #Bitcoin ledger that they use to enforce and validate the rules.
Bitcoin is like the board game Monopoly but instead of unlimited money & limited assets, there's limited money & unlimited assets.
The value accrues to the money.
1/20 @BitcoinMagazine just posted my article "An Ode And Forthcoming Obituary To #Bitcoin’s Four-Year Cycle"
https://t.co/gbMwPPH8Lk
The article reflects on the beauty of the 4-year cycle 🌹 - as well as on its inevitable demise 🪦
In this 🧵, I'll summarize the key points 👇
BIG #BITCOIN UPDATE!
Many people got very scared the last two weeks considering the moves in #BTC price.
This thread will help you gain all the clarity you need for months to come and understand why this is still a great and maybe last good time to invest in #Bitcoin cheaply.
1/ Feels like a good time to tell the story of how I went from broke to a millionaire to broke again in 2017/18 again...
Yesterday was brutal for some people...
Losing life-changing money sucks, losing any money sucks...you can chase the market or you can change your strategy.
This revisit of lower price has created incredibly strong price validation for Bitcoin about $1T cap. 14% of the supply last moved above $1T cap.
This is a key line in the sand imprinted into BTC's price discovery, an area of immense support.
#Bitcoin plebs have been front-running institutions this whole Bull Run.
Wallet addresses with 0.1-1 BTC have continued to stack for the past 2 years while big money (100-1K BTC) hasn't shown up in full force until the end of last year.
How to use proper risk management thread.
First i want to get a few things out of the way:
• There is no "best" way to do this.
• I will be explaining my experience and what works consistently for me.
Let's start!
Loosing money in Trading is part of the game
The key is to improve and comeback stronger everytime
Study your behaviour & greed
Study your risk management
#Leverage#StopLoss
Each #Bitcoin Bull Cycle has had 3 distinctive peaks of supply held by short-term holders. (as a % of total supply)
We're still cooling off after just the first major peak.
1/36 #BITCOIN TO 100K?200K?300K TARGET SIR?
In this monthly update I try to show you where we stand in the current cycle, mostly based on sentiment, IMHO ofcourse.
I hope you guys think it’s valuable, tell me below!
TLDR at 36-38
Let’s go!
Original: https://t.co/GHf2z3WXQL