Now Is the Bestest Time To Get Rich
If bitcoin is going to a million dollars each, what would you pay for a bitcoin and be happy that you bought one?
Is $75,000 low enough for you?
Would you wait for bitcoin to go lower?
How would you know that it had gone low enough?
Well, unless you have a crystal ball, or are a chart reader extraordinaire you are best off not trying to buy the bottom. Just buy now. Buy weekly if you can. (Dollar Cost Averaging) Over time, it is one of the best buying algorithms. Mostly because bitcoin goes up in HUGE candles. And, if you buy one day late, you really miss out. The rest of the time, bitcoin sorta moves in a channel.
The other problem of buying bitcoin is that you do not know when the HUGE candles will be.
If you are buying some bitcoin every week, is waiting one more day a blessing or a curse? Another week of doldrums is another week to accumulate. But, it is another week were your resolve is tested. When Lambo?
Bitcoin is going over a million dollars per. When is the question. If we are closer to the god candles, numerically, it is a better investment. (time value of money and all that)
Tumultuous Times Can Bring Great Wealth
Of course, this depends on what you invest in.
If you invest in the stock market, or the bond market, or put your money in a bank, in a CD, then all that you had will be gone. All the old, "trustworthy", "stable", "well known" investment paths will turn to nothing as the financial industry crumbles to dust.
I do believe that people will get some reimbursement a decade later after the lawyers figure out who gets what, but it will probably be paid in old dollars, in FRNs. (Federal Reserve Notes) In almost worthless paper. A decade later.
Gold will do well as it gets revalued, as the FRN collapses and the new Dollars are created backed by gold and other commodities.
Silver will do amazingly well as silver becomes so important for future tech that it becomes a national strategic commodity. Or, in other words, not allowed to leave the country.
And, of course, crypto. Which 10% will go way up in value. And the other 90% will just disappear)
Bitcoin will go over a million per, and then go unobtainium. That's at least a 10x. With almost 100% surety.
Other cryptos like ETH, Chainlink, Litecoin… and similar will go way up in value. The best bets are chains that solve a specific problem, that needs solving.
Out with the old, In with the new.
The old financial structure is on its last legs. It is a house of cards. It is a chain of dominoes already falling.
Everything of the banksters which is built on control or fear, will collapse, fall over and turn to dust.
Several things all happen at once. Fighting between the oligarchs destroys the banks/banksters. New currencies/money are created. Crypto adoption continues and is soon accepted by all.
I know many people are afraid that instead of open-source, decentralized, block chains becoming the new money, but instead, CBDCs are pushed onto the people, and they are stuck, trapped in a bigger control grid.
The new world that we are entering will not allow the control/fear to continue. The only way that CBDCs get a shot, is so they show the world just how bad the banksters are.
So, look for two things in all investments. Whether it is free of control, and whether it is truly useful to humanity. And do not rest on your haunches. Things are going to keep changing for at least half a century.
Real Money is coming. Things just get better.
Imagine that the world changes from one where you had to run as fast as you can just to stay still, to one where just saving money made you richer and richer.
Where, just doing a good job for an employer, meant you would become more and more wealthy.
A world where half of your income no longer went into a dark hole called a mortgage.
A world where you keep the money you made.
Normal people will just be able to live much easier, half of their lives no longer stolen by inflation and the taxman.
And the best investment is just keep your money under your mattress (errr, just keep stacking sats) There will not be a better investment than to just saving bitcoin. Bitcoin will go up with the entire economy.
The old bankster assets are going to turn to dust.
The new assets will make you rich, just by holding them.
Those who adopt the new will have a great future.
Those who hold onto the old, will find everything they worked for gone.
Those who still have life left in their bodies will be able to build a new life.
Today, buy some satoshis, some silver, some lead, and most of all some shelf stable FOOD.