Let me preface this by saying everyone is entitled to their own opinion - but if you think the ETF approval(s) are a sell the news event, I have a bridge to sell you. This is the kind of event that kicks off multi-year bull runs.
Why you ask? Because for the first time the majority of Americans will have access to some kind of bitcoin product in their 401k. There may be limits, restrictions, whatever - but it will be there, and many new market entrants will begin to do a real DCA into bitcoin.
Coinciding with ETF approvals is the halvening, an uncertain geopolitical climate, and a (world) government that will soon start paying more in debt than they do in services. For the first time, the biggest asset managers in the world are understanding the benefit of a weightless store of value, that cannot be confiscated, inflated, or stopped.
Don’t like my uber-bull hopium? Bet against bitcoin, as many have stated they are. But please come find this sub in 5, 10, 20 years and tell us how your bet against bitcoin played out. I’ll be here no matter what the price, clinging to whatever coin life allows me to keep.
knoself
npub1qp…kemyj
2023-10-21 20:37:09
Author Public Key
npub1qplew9lql2635gga2gr49xdal8rtd0vxxj4eedw6nrh7rktjxpwq7kemyjSeen on
wss://relay.nostr.bandPublished at
2023-10-21 20:37:09Event JSON
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"content": "Let me preface this by saying everyone is entitled to their own opinion - but if you think the ETF approval(s) are a sell the news event, I have a bridge to sell you. This is the kind of event that kicks off multi-year bull runs.\n\nWhy you ask? Because for the first time the majority of Americans will have access to some kind of bitcoin product in their 401k. There may be limits, restrictions, whatever - but it will be there, and many new market entrants will begin to do a real DCA into bitcoin.\n\nCoinciding with ETF approvals is the halvening, an uncertain geopolitical climate, and a (world) government that will soon start paying more in debt than they do in services. For the first time, the biggest asset managers in the world are understanding the benefit of a weightless store of value, that cannot be confiscated, inflated, or stopped.\n\nDon’t like my uber-bull hopium? Bet against bitcoin, as many have stated they are. But please come find this sub in 5, 10, 20 years and tell us how your bet against bitcoin played out. I’ll be here no matter what the price, clinging to whatever coin life allows me to keep.",
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