11 years ago today, the first #Bitcoin halving occurred.
#Bitcoin price on every HALVING:
. November 28, 2012 : $12
. July 9, 2016 : $670
. May 11, 2020 : $8,797
What's your price prediction for $BTC after the next halving?
Buying #Bitcoin in the bear market is like going to a restaurant mid-week so you don't have to fight the crowds on the weekend
You get the same thing, but it's just better in every single way
#Bitcoin is the easiest, simplest, most obvious trade of our generation
- Currently ~200m people use #BTC
- Fundamental growth rate is ~30% per year (averaged out over cycles)
- Supply is fixed
- More humans store some value in it over time
- Digitisation of money/finance in a clear uptrend
- It’s moving into TradFi
- Governments are up to their eyeballs in debt and must continue to debase fiat currency
It’s so damn simple that many will convince themselves it can’t work
- It must be more complex!
- I can’t make money just by being patient!
- It needs to “do more”!
- I need to be “active” and trade more to make profits!
Life is simple
Don’t try to pick up pennies in front of a steamroller
Below is a simple moving average of the Bitcoin price since 2012 - cut the noise, and listen for the signal