“If you’re offered a seat on a rocketship, you don’t ask which seat. You just get on”
The above is a quote by Eric Schmidt to Sheryl Sandberg when she was working at google. Technology moves fast, sometimes there is not time to process how exponential technology is able to advance. You have to just jump on and hodl (pun intended) on.
Bitcoin and crypto are ending a phase where the big boys and the banks didn’t believe and now they do. They didn’t believe because they didn’t have control, and they still don’t, but they aren’t dumb. The big boys are going to be all over this bear market buying every crypto with a platform that has potential and that is already starting.
If you look at this graph below, where do you think we are?
I believe most would say the bubble has burst and we are somewhere in the capitulation area. I 100% disagree and i advise all crypto owners to WIDEN their timeframe.
You know where i think we are? The first sell off. And this 6-8 month bear market (which i don’t think we have bottomed) is about to be the largest bear trap you have ever seen.
CNBC and everyone who was pumping bitcoin at 15k just blew everyone up. Now people are panic selling lows when in reality you give this a few years max and it will be back to all time highs (i obviously think sooner). Bitcoin is the next internet is the newest rave on the block. Many who are talking about this, aren’t even the ones actually believing it.
I believe it. I jumped in and have believed since 2014 when the “old white guy crapping on new technology they don’t understand”. It’s true. Many people don’t understand and when they do understand, the majority of the move will have already been made. The big boys are believing now, the “old white guys” are thinking about it, the public is buying - but not “understanding”. Now comes the most important phase of the cycle and I think it will be the most massive.
The public adoption phase has began with many starting to buy blockchain stocks and bitcoin features being added to mainstream companies like Microsoft and Yelp. I believe that this is a huge buying opportunity and possibly the best buying opportunity that you may get for a full generation in crypto. Because after that, the rocketship is done with test runs and is taking off for good...
See me longterm rounding bottom breakout and logarithmic trend. The path to $500k.
I'm strapped in and I have my helmet on. Thank you for the reminder.
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like the post friend!
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This post has received a 33.33 % upvote from @kath1 thanks to: @heyimsnuffles.
500k Bitcoin? Are you having a giraffe? :D
Not possible? 20k wasn’t possible when it was trading at $20
This post has received a 0.63 % upvote from @drotto thanks to: @heyimsnuffles.
waaw Btc gonna be more powerful, thank you for this post