Furious Honey Badger ⚡️22d agoIf we go to 15k or stay around this levels for a couple of years Bitcoin would be one of the worst assest to hold for NGU, you wont even beat inflation
Bitcoin has to at least beat inflation in a long timeframe to be a useful assest, if you are right Bitcoin would eventually die, you need it to be descentralize, secure and a decent NGU. If one of those fail, it dies
https://primal.net/e/nevent1qqs0pl5wxf8smqssf3kqfwnuh9tkj…
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CappyNate🍁22d agoYup, spot on about DCA.
Note I was bullish 2022 to $100k, then warned of a top into $100k over a year ago. Since then, sidelines was the play.
But upsides are massive after this bottom. (Wherever that is). So exposure can make sense, with caveats.
Regardless I think near/mid term bottom is happening over the next weeks. If we do charge to $20k, it'll be in a year or two after some sideways meandery chop to wear out the worshippers.
I only trade high percentage setups, and right now that's TSLA.
https://primal.net/e/nevent1qqspzzv2qzsl32sye2vkhdklfk9ka…
0000 sats