I've finally decided to buy 1 BTC. - I have accepted the harsh truth that Bitcoin is not going anywhere. The market will never allow Bitcoin to ever fall to it's inexpensive prices ever again. If BTC fell to 5 cents a coin, there would be a buying frenzy. BTC going back to $7k would already be a steal for the entire market. Users are losing their coins and hodlers are increasingly refusing to ever sell further decreasing circulation...while the human population keeps growing...Bitcoin
I've finally decided to buy 1 BTC. - I have accepted the harsh truth that Bitcoin is not going anywhere. The market will never allow Bitcoin to ever fall to it's inexpensive prices ever again. If BTC fell to 5 cents a coin, there would be a buying frenzy. BTC going back to $7k would already be a steal for the entire market. Users are losing their coins and hodlers are increasingly refusing to ever sell further decreasing circulation...while the human population keeps growing...
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...