People are launching their memecoins.
And people accuse each other of being grifters.
I think this is the future of capital raising.
It's a new use of blockchain and crypto.
Get ready to institutions and individuals launching their own currencies (memes).
The best thing about #Bitcoin is that you know when it goes up and down.
You don't get this with other assets, even with Nvidia. Remember Nokia? In 2011, it controlled the whole cellphone sector. It got wiped out in a few years.
BTC is the greatest financial opportunity.
With BTC's multi-trillion market cap, the amount #MSTR buys (a few billion $$) is a drop in the BTC market.
Day traders of BTC are the main drivers of this market.
We'll eventually pass it, but for now I expect another significant pullback once we hit 100k.
What do you think?
โPsychological levelโ for 100k isnโt a good way of explaining what happens. Itโs too figurative and doesnโt mean much.
What explains that phenomenon is that there are millions of Bitcoin traders/millionaires who will sell when #BTC approaches/hits 100k.
@MustStopMurad The only memecoins listed on Kraken are PEPE, WIF, BONK, FLOKI, MEW, TURBO, CLOUD, SAMO, DOGE, and SHIB. Which of these meet your criteria of rallying big this bull market?
@mikealfred What miners are good to invest in, in your opinioin? I invested an equal amount in all miners. GREE, NCTY are best winners in 2021, but you never mentioned them. Thanks