It can get worrisome seeing your Blockfolio or Delta go down in USD value and this will trigger an emotional response as we all deeply care about our returns. Should our fight or flight mechanisms engage, even the slightest negative news can trigger panic or anger and cause us to sell or behave poorly. This is when we need to move away from a gambling/trading mindset towards an investment, long term mindset. Remember: Investors almost always outperform traders.
Currently, at $550Bn market cap, we're in the infancy and very early in our growth. Deep down, you know the Blockchain movement has just begun to receive mainstream adoption. In order for Bitcoin to truly be a macro bubble, by definition, it must be something that a majority of people (in its relevant context) own and participate in i.e. Dotcom (Internet), Subprime (Housing) etc. Currently, the crypto movement is most similar to that of the Dotcom revolution in the late 1990s where before the bust, the market cap of these internet companies hit upwards of $5 Trillion USD. Adjusting to basic principles such as inflation and as crypto is not confined to Silicon Valley USA but a global phenomenon, we may see upwards of $20-30 trillion market cap before the macro sentiment is primed for a shift. Thats at 40-60x growth potential!
Secondly, should be only factor in Bitcoin's market cap as reaching 5% of that of Gold's market cap, we can see Bitcoin at $40,000-45,000 USD each. Should Bitcoin ideally replace Gold as the better medium of value storage, we can see Bitcoin hitting $400,000 - $500,000 USD each. Then there's the Fiat market that is 10x greater (if not more) than Gold with Forex trading $4 Trillion daily...
Alternative investments such as Gold, Silver, other commodities have traditionally formed up to 5% of most large investment portfolios. As crypto move towards institutional adoption, with Wall St pouring money into this space (believe me they have been buying for a while), should 0.5-1% of these funds capital move into Bitcoin, we can already hit upwards of $65,000-$100,000 USD per bitcoin (conservative estimate).
Buy the dip. This is a once in a lifetime opportunity. The greatest, generational, wealth transfer in history. A paradigm shift of power away from Central Banks and Wall Street where YOU are an early adopter. Do not f*** it up. Buy the dip.
Currently, at $550Bn market cap, we're in the infancy and very early in our growth. Deep down, you know the Blockchain movement has just begun to receive mainstream adoption. In order for Bitcoin to truly be a macro bubble, by definition, it must be something that a majority of people (in its relevant context) own and participate in i.e. Dotcom (Internet), Subprime (Housing) etc. Currently, the crypto movement is most similar to that of the Dotcom revolution in the late 1990s where before the bust, the market cap of these internet companies hit upwards of $5 Trillion USD. Adjusting to basic principles such as inflation and as crypto is not confined to Silicon Valley USA but a global phenomenon, we may see upwards of $20-30 trillion market cap before the macro sentiment is primed for a shift. Thats at 40-60x growth potential!
Secondly, should be only factor in Bitcoin's market cap as reaching 5% of that of Gold's market cap, we can see Bitcoin at $40,000-45,000 USD each. Should Bitcoin ideally replace Gold as the better medium of value storage, we can see Bitcoin hitting $400,000 - $500,000 USD each. Then there's the Fiat market that is 10x greater (if not more) than Gold with Forex trading $4 Trillion daily...
Alternative investments such as Gold, Silver, other commodities have traditionally formed up to 5% of most large investment portfolios. As crypto move towards institutional adoption, with Wall St pouring money into this space (believe me they have been buying for a while), should 0.5-1% of these funds capital move into Bitcoin, we can already hit upwards of $65,000-$100,000 USD per bitcoin (conservative estimate).
Buy the dip. This is a once in a lifetime opportunity. The greatest, generational, wealth transfer in history. A paradigm shift of power away from Central Banks and Wall Street where YOU are an early adopter. Do not f*** it up. Buy the dip.
Comment:
Clif High Linguistic Analysis on Bitcoin - Without regard to the above, there are those instances when numbers come through as words, and such linguistics, while rare, have always been prescient in the past in this work. We have such an instance now of a number associated with Bitcoin being expressed as 'one hundred thousand'. Note that this appears in late 2018. It is characterized by being within 'whispered awe', and 'shouted elation', and 'choked disbelief' supporting sets. These expression contexts provide some additional clues including some sets going to 'one hundred K parties', and '100k celebrations', and 'one hundred thousand line parties' and other language of a similar nature. These sets are also part of several major groups that are describing a 'greatly anticipated event (crossing the 100k line)' that will be treated as a global 'happening' very much like 'new years'.
Comment:
Be fearful when others are greedy and be greedy when others are fearful. Bitcoin broke the supporting trendline and is set to drop further. Many will panic sell. You will not. Take this opportunity to buy as this is likely the last chance we'll see Bitcoin in 4 digits ($8000-$11,000) again.
