biz.xbt
722 posts


@APompliano I believe that noone sold their portfolio but liquidated by scam exchanges
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Gold is now the second largest reserve currency, behind the US dollar.
To understand why, you need to look at the history of fiat currencies (like the dollar) and hard currencies (like gold).
The way I see it, we’re currently facing a classic currency devaluation similar to what we saw in the 1970s or the 1930s. In both of those cases, fiat currencies around the world all went down together — and also went down in relationship to hard currencies, like gold.
If events today follow a similar pattern, that makes hard currencies an attractive asset to hold.
At least, that’s how it looks through my eyes. I’m curious to hear what you think. @masterinvestor
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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.
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@Dennis_Porter_ I predict a 100% chance of President Trump establishing a National #Bitcoin Reserve in 2025
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