Nguyễn Tấn Đạt

BTC-ETH holder

[Rajat Soni, CFA @Rajatsoni]

I sold all my Bitcoin

Just realized that it's not backed by anything and has no intrinsic value

Going to buy gold with all of the proceeds

The world always moves from digital back to physical

[Rajat Soni, CFA @Rajatsoni]

Dollars are worthless - get rid of them ASAP

We have been brainwashed to believe that they have value so we give away time, effort, and skills for more of them

When Bitcoin's purchasing power falls in terms of US Dollars, it eventually recovers

When the US Dollar's purchasing power falls in terms of Bitcoin, it never recovers

Over time, you will be able to buy less Bitcoin with your Dollars and more Dollars with your Bitcoin

Once you understand this, your view of the world changes

[Bankless @Bankless]

Are ETH Treasuries good for Ethereum?

@VitalikButerin thinks they can be:

“ETH just being an asset that companies can have as part of their treasury is good and valuable… giving people more options is good.”

But he also issues a warning:

“If you woke me up 3 years from now and told me that treasuries led to the downfall of ETH… my guess would be that they turned into an overleveraged game.”

More access to ETH is great—until it becomes a house of cards.

[Fernando Nikolić 🇦🇷 🟠 @basedlayer]

Banks aren’t threatened by Bitcoin’s technology.

They’re threatened by Bitcoin’s psychology.

For so many years, they’ve trained you that saving is pointless.

That debt is wealth.

That inflation is normal.

Bitcoin breaks the conditioning.

Once someone holds an asset that goes UP instead of down, they can’t go back to 1% savings accounts.

The tech is irrelevant.

The awakening is everything.

[Nguyễn Tấn Đạt @taodattan2001]

@ZenJayCfa @rajatsoni 0.1BTC

[Rajat Soni, CFA @Rajatsoni]

It took me 4 years to learn why Bitcoin is valuable

In those 4 years, I have become a completely different person

Most importantly, I have lowered my time preference, and this has had an impact on every single aspect of my life

I used to think in seconds, minutes, and hours

Now I think in terms of decades

[Robert Kiyosaki @theRealKiyosaki]

YAY:

Bitcoin over $117 K a coin. Going to buy one more Bitcoin asap.

It’s never been easier to become rich…. even a millionaire.

Please study, learn, and find out if Bitcoin is your path to becoming a millionaire.

Take care. I love my BITCOINS…. all of them.

[Rajat Soni, CFA @Rajatsoni]

You are still early if Bitcoin is being sold for US dollars

1 BTC = ♾️ USD

Even the price of apples goes up over time and apples grow on trees 😂😂

[Rajat Soni, CFA @Rajatsoni]

You see someone driving a $100,000 car, but you don't see the monthly payments

You see someone going on a $10,000 vacation, but you don't see their credit card statements

You see someone living in a $10,000,000 mansion, but you don't see their 60-to-80-hour work weeks

Don't try to live someone else's life unless you know what's happening in the background - trying to look rich is VERY expensive

[Lindsay @lindsayinvests]

Go to work
Earn dollars
Pay your bills
Save in Bitcoin

Build wealth and increase your purchasing power over time. Simple.

[Lindsay @lindsayinvests]

Here’s the blueprint: Get a good job, gain experience, increase your salary, keep expenses low and buy assets for a decade before you splurge on expensive liabilities.

If you can do that, building wealth is inevitable

[Robert Kiyosaki @theRealKiyosaki]

Bought another Bitcoin today. I realize I could be wrong and a sucker. Would not be the first time in my life I was played for a FOOL.

Yet I believe Bitcoin will one day soon….be $1 million a coin. If I am a sucker…. I’d rather be a sucker than a LOSER if Bitcoin does go to $1 million.

Nobody likes being suckers or losers…. Yet that is what makes life exciting.

Think for yourself…. Do not listen to my ramblings.

I can afford to lose a $100k because I have been a sucker and a loser many times in my life…. and learned from my losses.

That’s life. Thats called wisdom and experience….which can be priceless.

Take care.

[Robert Kiyosaki @theRealKiyosaki]

WHAT IS EXPENSIVE?

I was late into Bitcoin. I waited too long….which may have been a good thing. I waited because I did not understand today’s modern money.

So I bought my first Bitcoin at $6000 a coin. It was expensive.

Today I wish I had bought more at $6000.

Today Bitcoin is $107,000 a coin.

Again my mind says “That’s expensive” but I am buying more.

Why?

Because if and when Bitcoin’s sells for $1 milliona coin, I will once again be saying “I wish I had bought more.”

Even if you can afford only one Satoshi today….I believe five years from now you will be saying, “I wish I had bought more.”

Will Bitcoin hit $ 1 million a coin?

I do not know.

What I do know is….I will be saying, “I will wish I had bought more at $107,000. At a $107,000 Bitcoin was priceless.”

Take care.

[Rajat Soni, CFA @Rajatsoni]

Bitcoin is a savings vehicle

Right now most of the world sees it as a risky asset

The truth is, Bitcoin eliminates risks that the legacy financial system has

Bitcoin is the only digital asset that is truly decentralized

The price in terms of US dollars may be volatile for a very long time (or forever)

But 1 BTC will always be equal to 1 BTC

Today, 1% of the world owns Bitcoin

In the coming months and years, Bitcoin will be distributed to more people

The current holders are going to have to be incentivized to sell

Wall Street is well known to use fear to its advantage

Keep in mind most of the people who own Bitcoin today don't actually understand it

They own it to make US dollar profits

People can FOMO in on the downside, OR on the upside

This means that Wall Street firms can increase the price of Bitcoin to get people to sell...

Because Wall Street has unlimited purchasing power

Dollars are WORTHLESS

More can be printed to buy Bitcoin at any time

Banks can print more at any time

Wall Street will pump Bitcoin's price to millions of dollars and get the people who don't understand it to sell their holdings

To me, Bitcoin is worth A LOT more than its US dollar price

Bitcoin is about freedom

Not having to rely on a bank or government to store and protect my wealth

I don't care where the US dollar value of Bitcoin goes

If I need some fiat to pay for my expenses, I'll sell some Bitcoin

If I have extra fiat, I'll buy some more Bitcoin

Unless they're in the early stages of a career or starting a business, productive people are net buyers of Bitcoin

This means the available supply is going to decrease forever because more and more productive people will create value and take any available Bitcoin

So use Bitcoin the way it's intended to be used - as a savings vehicle

If you trade in and out based on the USD price, you will get REKT

[CZ 🔶 BNB @cz_binance]

If you sold the dip, you need to unfollow the weak minds, and follow right people.

[CZ 🔶 BNB @cz_binance]

Remember, by definition, everything before the next ATH is a dip.

[Rajat Soni, CFA @Rajatsoni]

On a Bitcoin standard, no one will want to own real estate as a savings account

House prices will fall to utility value

Houses will be a liability rather than an asset

The wealthy won't want to own more houses than they need, because they would rather own Bitcoin

The cost of production for housing will trend to zero forever in terms of Bitcoin

In terms of dollars, house prices will increase forever

If you save in dollars, your cost of living will rise forever

If you save in Bitcoin, your cost of living will fall forever

The future is bright for Bitcoiners

[Rajat Soni, CFA @Rajatsoni]

I've never met someone who got rich owning index funds while working a 9-5

That's because:

1) You need to save for ~40 years to become financially free in the legacy financial system
2) Most people are risk averse (a job is "risk-free", a business is risky) so they just hold cash - they don't want to risk their savings on stocks

Buy Bitcoin and you'll be able to retire in 10-15 years instead of 40

Bitcoin is the best cash to ever exist

You don't have to worry about a business going bankrupt and taking you with it

You don't have to worry about a CEO making it stupid decision and ruining your future

The best part:

You get better returns than people who are taking a MUCH bigger risk than you (real estate and stock investing is basically just gambling at this point)

[Rajat Soni, CFA @Rajatsoni]

If you keep trying to time the market, you will never buy Bitcoin

When the price is going up, you'll feel like you missed out

When the price is going down, you'll feel like it's going to 0

Just buy you what you can, continue buying over time, and live your life

Time in the market > timing the market

Buy whatever you can and expect to be wrong for 4 years

After 4 years, I think you'll be pretty happy

[Rajat Soni, CFA @Rajatsoni]

I want to buy a new car, but I've been delaying the purchase because I know in terms of Bitcoin car prices trend to 0

A car that costs $35,000 today (~0.32 BTC) is going to cost $40,000+ in a few years

But for anyone saving in BTC, the price of the car will fall to 0.3 BTC, then 0.25 BTC, and so on

When you save in fiat currencies, you are punished with higher prices if you delay purchases

When you save in Bitcoin, delaying purchases leads to lower prices

Obviously, you can't delay purchases forever

I'll just wait until I find a great deal on a car I like