Read on TwitterWe all hear
- Crypto Revolution
- Blockchain Future
- Next BIG Thing
Not saying
- Let& #39;s be honest, you are in for $ right
- If you are in for change, let& #39;s get a
1. What is Bitcoin
Bitcoin is a hard-capped, non-sovereign, decentralized immutable digital store of value.
Let& #39;s break it down.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten">Hard-cap: Max supply 21M.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten">Non-Sovereign: Can& #39;t be printed like USD.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten">Decentralized: No 1 controls it.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten">Immutable: Can& #39;t be altered.
Bitcoin is a hard-capped, non-sovereign, decentralized immutable digital store of value.
Let& #39;s break it down.
2. Use of BTC.
I often hear
- "But i can& #39;t buy coffee with it"
- "It& #39;s too slow"
BTC is not competing with
- Paypal
- Visa
- Master Card
- Payment System
BTC is most secure computing network in world.
If market is NOT buying coffee with it- THAT SAYS IT ALL.
Contdhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten">
I often hear
- "But i can& #39;t buy coffee with it"
- "It& #39;s too slow"
BTC is not competing with
- Paypal
- Visa
- Master Card
- Payment System
BTC is most secure computing network in world.
If market is NOT buying coffee with it- THAT SAYS IT ALL.
Contd
BTC is competing with highest $ settlement layer
- Central Bank of CBs.
- Bank of International Settlements
It& #39;s the most-secure alternate payment protocol.
it& #39;s sitting at $9K in 2020 chaos,
So HODLing is it& #39;s USE
Contd.https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten">
- Central Bank of CBs.
- Bank of International Settlements
It& #39;s the most-secure alternate payment protocol.
it& #39;s sitting at $9K in 2020 chaos,
So HODLing is it& #39;s USE
Contd.
Check @danheld & @APompliano dropping https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer"> on this.
HODLers are how set the price base and organically take it up.
Now it& #39;s institutions time to take over.
Contdhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten"> https://www.youtube.com/watch?v=6kFvrrkjjhE">https://www.youtube.com/watch...
HODLers are how set the price base and organically take it up.
Now it& #39;s institutions time to take over.
Contd
Several different stacks are being built on top of #BTC https://abs.twimg.com/hashflags... draggable="false" alt=""> using LN, Liquid & more for fast Txn.
Payment goes through in 1 sec.
Check @fold_app.
I will create a seperate thread on this.
So it makes me sick when I hear
- "I can& #39;t pay coffee"
- "I can& #39;t play VIDEO games"
Payment goes through in 1 sec.
Check @fold_app.
I will create a seperate thread on this.
So it makes me sick when I hear
- "I can& #39;t pay coffee"
- "I can& #39;t play VIDEO games"
3. BTC is the most liquid asset.
Investment ONLY works when you have
- Buyers
- Sellers
at the price you want.
Crypto trades 24/7 and #BTChttps://abs.twimg.com/hashflags... draggable="false" alt=""> is busiest highway.
- Want 20x gains when you can sell anytime.
- Want 100x pipe dreams hoping you get your order filled.
Contdhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten">
Investment ONLY works when you have
- Buyers
- Sellers
at the price you want.
Crypto trades 24/7 and #BTC
- Want 20x gains when you can sell anytime.
- Want 100x pipe dreams hoping you get your order filled.
Contd
-----> Liquidity is NOT Volume <-----
A fish or a Whale needs
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✔️" title="Fettes Häkchen" aria-label="Emoji: Fettes Häkchen"> Liquidity - 24/7 flow
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚔️" title="Gekreuzte Schwerter" aria-label="Emoji: Gekreuzte Schwerter"> Volume - High tide of liquid TO sell.
If you are lucky, you get out.
Else good luck holding bags for the next vol burst.
You loose your
- Mind
- Health
- Time
Not worth it.
A fish or a Whale needs
If you are lucky, you get out.
Else good luck holding bags for the next vol burst.
You loose your
- Mind
- Health
- Time
Not worth it.
4. Network Effect.
#BTChttps://abs.twimg.com/hashflags... draggable="false" alt=""> has been running
- For 99.9% uptimehttps://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts">11 yrs
- Billions joining across the world
- Survived
- China ban
- 1000 scams
- Miners collusion
- Hacks
- 90% drops
- Still remaining best ROI asset for decade.
#BTC
- For 99.9% uptime
- Billions joining across the world
- Survived
- China ban
- 1000 scams
- Miners collusion
- Hacks
- 90% drops
- Still remaining best ROI asset for decade.
5. BTC train has left so need to boardhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete">the next one.
-----> Don& #39;t fall for this shit.
"It& #39;s 90% down from ATH so it& #39;s a great buy"
It& #39;s a legit theory except you also have to believe
- It can still go down 90%
- if there is no other fool to sell.
Contdhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten">
-----> Don& #39;t fall for this shit.
"It& #39;s 90% down from ATH so it& #39;s a great buy"
It& #39;s a legit theory except you also have to believe
- It can still go down 90%
- if there is no other fool to sell.
Contd
There are 5600 cryptos on CMC.
If you put $$ in coin because they said it& #39;s
- fast
- cheaper
- 10 million Tx per sec
- Potential tohttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete">
Understand if there is a legit case,
Big players like FAANGs etc can
---> outcompete all of them with
- Money
- Talent
- Resources
If you put $$ in coin because they said it& #39;s
- fast
- cheaper
- 10 million Tx per sec
- Potential to
Understand if there is a legit case,
Big players like FAANGs etc can
---> outcompete all of them with
- Money
- Talent
- Resources
- Blockchain is future
- Tracking meds on blockchain
- Improving lives
You look athttps://abs.twimg.com/emoji/v2/... draggable="false" alt="👆" title="Rückhand Zeigefinger nach oben" aria-label="Emoji: Rückhand Zeigefinger nach oben"> and go all in with your money.
This will happenhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> BUT not tomorrowhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="⚔️" title="Gekreuzte Schwerter" aria-label="Emoji: Gekreuzte Schwerter">.
If you are doing a VC investing,
go for it & shut up for 15 years.
---> Know your goal
- Tracking meds on blockchain
- Improving lives
You look at
This will happen
If you are doing a VC investing,
go for it & shut up for 15 years.
---> Know your goal
6. BTC vs ALTS.
If you are still in 2017, I got bad news for you
-----> "The game is different NOW" <------
#BTChttps://abs.twimg.com/hashflags... draggable="false" alt=""> has gone from
~ Riskiest assethttps://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> ~ Digital SOV
!! The smart money is in now.
Reality:
BTChttps://abs.twimg.com/emoji/v2/... draggable="false" alt="⬆️" title="Pfeil nach oben" aria-label="Emoji: Pfeil nach oben">Altshttps://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten">
BTChttps://abs.twimg.com/emoji/v2/... draggable="false" alt="⬆️" title="Pfeil nach oben" aria-label="Emoji: Pfeil nach oben">Altshttps://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten">https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten">
Money will go it alts.
Contd..
If you are still in 2017, I got bad news for you
-----> "The game is different NOW" <------
#BTC
~ Riskiest asset
!! The smart money is in now.
Reality:
BTC
BTC
Money will go it alts.
Contd..
Speculators will play and money will go in alts
That& #39;s where your dream is
BTChttps://abs.twimg.com/emoji/v2/... draggable="false" alt="⬆️" title="Pfeil nach oben" aria-label="Emoji: Pfeil nach oben">Altshttps://abs.twimg.com/emoji/v2/... draggable="false" alt="⬆️" title="Pfeil nach oben" aria-label="Emoji: Pfeil nach oben">https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬆️" title="Pfeil nach oben" aria-label="Emoji: Pfeil nach oben">https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬆️" title="Pfeil nach oben" aria-label="Emoji: Pfeil nach oben">https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬆️" title="Pfeil nach oben" aria-label="Emoji: Pfeil nach oben">
This is the peak market where you would want your 100x
Here are some caveats:
- Very few call tops & bottoms
- This is the mania time
--> when your barber will be recommending
That& #39;s where your dream is
BTC
This is the peak market where you would want your 100x
Here are some caveats:
- Very few call tops & bottoms
- This is the mania time
--> when your barber will be recommending
Greed takes over and most people are not able to sell.
- If you haven& #39;t DCA in,
- You will not be able to take BIG profits
OR will miss most on table due to emotions.
You want to make $$ with
- mind at peace
- Not a emotional wreck.
Start DCAhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten"> https://www.swanbitcoin.com/Bitcrazy ">https://www.swanbitcoin.com/Bitcrazy&...
- If you haven& #39;t DCA in,
- You will not be able to take BIG profits
OR will miss most on table due to emotions.
You want to make $$ with
- mind at peace
- Not a emotional wreck.
Start DCA
7. Taxes
In crypto, each Tx is
~ Taxable
~ Reportable
Being in #BTChttps://abs.twimg.com/hashflags... draggable="false" alt=""> will make your life easier at tax time.
Your taxes can kill you if you
- don& #39;t sell at right time
- report accurately
- report all of it
This will be a thread for future BUT
Your gains will thank you.
In crypto, each Tx is
~ Taxable
~ Reportable
Being in #BTC
Your taxes can kill you if you
- don& #39;t sell at right time
- report accurately
- report all of it
This will be a thread for future BUT
Your gains will thank you.
8. Lastly every country is moving towards "Blockchain"
based digital currency.
- Digital Yuan
- Fed coin
- India PayTM
We are still in early days.
At the end it will come down to selected few winners.
You can BUY all of them with your #BTChttps://abs.twimg.com/hashflags... draggable="false" alt="">
#BTChttps://abs.twimg.com/hashflags... draggable="false" alt=""> is the benchmark.
based digital currency.
- Digital Yuan
- Fed coin
- India PayTM
We are still in early days.
At the end it will come down to selected few winners.
You can BUY all of them with your #BTC
#BTC
9. It& #39;s not a get rich scheme
BUT within the scheme,
this is YOUR best realistic shot.
If you can otherwise - good for you.
Profits are profits.
Open protocols always win
- Linux
- Internet
- TCP/IP
BUT within the scheme,
this is YOUR best realistic shot.
If you can otherwise - good for you.
Profits are profits.
Open protocols always win
- Linux
- Internet
- TCP/IP
11.
I might have roughed a few feathers
BUT hey it& #39;s YOUR money so it& #39;s worth it.
It& #39;s long but i felt it was a necessary thread.
Thankshttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🙏" title="Folded hands" aria-label="Emoji: Folded hands"> for reading it all.
If you like it, give me an RT & Like.
Disagree, even better. Share below WHYhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
-- Rajat is out.
I might have roughed a few feathers
BUT hey it& #39;s YOUR money so it& #39;s worth it.
It& #39;s long but i felt it was a necessary thread.
Thanks
If you like it, give me an RT & Like.
Disagree, even better. Share below WHY
-- Rajat is out.
