Tighten your seat belts for a more forceful BTC takeoff
Photo by Immo Wegmann on Unsplash
For many reasons, not the least of which is the 25–50 basis point reduction in the Fed Funds interest rate which coming in less than five minutes, BTC is now very near to making a big breakout to and through new highs.
Predictions are a bit foolish, but without getting all the way to that, I will say that a new all time price high will likely be seen by November, and a doubling from here, to a price of $125,000 or more is likely by the end of this year.
Let’s back up to first bust some bad myths, to enable us to bust some moves . . .
Semi-radical quote warning:
Enduring wealth is always “earned” with some blood, sweat and tears. GG
We will discuss much more about the great opportunity to use BTC to build and/or store wealth, but for now let’s focus on the fundamental elements of necessary to build and maintain a position of exposure to BTC.
If you are reading this you have likely already mastered (at least to some degree) the first step and the one which stymies most people. Sacrificing some of what you could enjoy today, for chance to enjoy that and also much more in the future, aka SAVING to invest. That effort is experienced in different ways by different people (feels like giving blood or makes you sweat and may even make you shed a few tears), but we all share in common the sense of a sacrifice being made.
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High Pressure Makes Clear Skies was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.