My wonderful friends, if you are like me, believing that the demand for Bitcoin will grow in the coming years. A low bitcoin price in the short-term is definitely a beautiful thing, buy-buy buy-buy in the dip. I did this the last time that Bitcoin was in the 30s and I triple my money. This is an opportunity, don’t be all sad and bum out, jump in while you can and make that money.
There are good reasons to believe the contrarian position is right and that crypto could have an explosive in 2022. Crypto is volatile as we all know, it can go down 75% in a month and then jumped up 500% in the next month. And with the market roiling, many believe Bitcoin will keep sinking further. When markets hit the max fear, that’s when we begin taking the contrarian position. However, only if we have collected the data to back it up.
With crypto trembling now, some see it as proof that this new asset class isn’t quite ready. Others see it as a temporary hurdle. I see it as an opportunity, yes people are worried I understand, the Fed signaled that it would begin tightening monetary policy. And Kazakhstan abruptly forced an internet blackout. It has been a bad week indeed. The majority of people don’t know this but Kazakhstan is without a doubt a leading Bitcoin miner second only to the United States. Bitcoin mining drop 14% the question is could the Bitcoin price follow and drop more I hope so, because I only see opportunities here.
HOT OFF THE PRESS
Today January 27-2022 a new bill introduced in the U.S.A. had a provision that would essentially give the Treasury Secretary unchecked and unilateral power. To ban cryptocurrency transactions, warned crypto advocacy organization coin center. Treasury Secretary Janet Yeller will be able to prohibit any crypto transactions without any process rulemaking or limitation on the duration of the prohibition, don’t start freaking out, I almost didn’t put this information out because of fear. However, I’m here to tell you this threat will pass, digital currencies is the new way it is only going to grow by each giving day, and at this point no one can stop it, there is way too much old money involved. The rich and wealthy will not allow any stopping of digital currencies.
Here are a few reasons why I am able to make those bold statements.
- Interest is still super high, The fidelity digital assets institutionally investor survey found that 71% of U.S. and European institutional investors surveyed intend to allocate to digital assets in the future.
The mayor of New York City, Eric Adam’s just took his first paycheck in Bitcoin.
San Diego State University (SDSU) is now accepting Bitcoin donations Harvard, Yale and brown endowment have been buying Bitcoin for a while and this my dear friends is just scratching the surface.
- Countries are walking through the door.
Last year my friends, 352 public workers in Ukraine declared owning cryptocurrencies. Collectively they own 46,351 Bitcoin at current price over 1.5 billion worth.And you all know El Salvador was the first to adapt Bitcoin as a legal tender, then Tonga announce they would follow suit. And Rio de Janeiro, which is the financial heart of Brazil has announced it will buy crypto with 1% of the city’s Treasury reserves.We expect several countries to give very similar announcements in 2022.According to Fidelity, countries might buy Bitcoin just to hedge their best. In this recent trends report, Fidelity lays it all out, why.History has shown Capital flaws to where it is treated best and embracing innovation leads to more wealth and prosperity. We also think there is very high stakes, game theory at play here. Whereby if Bitcoin adoption increases, the countries that secure some Bitcoin today will be better off competitively than their peers, thereafter, even if other countries do not believe in the investment thesis or adoption of Bitcoin, they will be forced to acquire some as a form of insurance.
In other words a small cost can be paid today as a huge compared to a potentially much larger cost year in the future. We therefore wouldn’t be at-all surprised to see other sovereign nations states acquire Bitcoin in 2022 and perhaps even see a central bank make an acquisition.
- Bitcoin hash–rate hits new ATH
China’s ban on mining did not kill Bitcoin as many pundits suggested it would. Nor did Kazakhstan’s outrage, all these things did was spread mining out even further, making Bitcoin more decentralized, and stronger than before. A decentralized Bitcoin is without a doubt, a strong Bitcoin. A strong Bitcoin raises confidence, and confidence helps to boost the price. And I’m here today, to tell you Bitcoin is about to get even stronger.
Mr Thomas Templeton, who is a general manager of Block, wrote we want to make mining more distributed and efficient in every way. From buying, to set-up, to maintenance, to mining. We’re interested because mining goes far beyond creating new Bitcoin. We see it as a long-term need for a future that it fully decentralized and permission lass.
- Miners are definitely buying and holding.
Bitcoin miners are without a doubt accumulating at a level that we have not seen since 2020.Historically, spike in buying from miners it usually followed by a run-up in price.
Scam alert, Binance CEO warns users of massive SMS phishing scams.
The scam involves sending users a text message with a link to cancel withdrawal, leading users to a fake website designed to harvest their login credentials. Binance CEO Changpeng Zhad has alerted the crypto community against a “massive”SMS phishing scam targeting Binance clientele.
*FOOD FOR THOUGHT*
A Bitcoin ETF is an investment vehicle that traders on the stock market. Shares in the ETF are proportional to the price of bitcoin, which the ETF’s manager buys and sells, ETF’S charge low fees and closely track the price of an underlying asset. The catch is that “spot” ETF’s those that track the current price of Bitcoin are only offered in a handful of countries, such as Brazil and Canada.
The U.S. securities and exchange commission (SEC) has repeatedly denied applications for spot ETF’s on the grounds that the Bitcoin market is inherently manipulable, although some applications are outstanding. The SEC has, however, greenlighted several Bitcoin futures ETF’s. “Which” track the value of short-term bets on the future price of Bitcoin.The main reason given by SEC Chairman Gary Gensler for the preference of futures based ETF’s over spot ETF’s is that the former can be structured using the Investments company Act 1940, which gives consumers greater protection.
My dear friends, with all of my heart I sincerely want 2022 to be the year that all of you will receive true prosperity. I promise you, that my team and I will do all that we can to help you to acquire wealth. May prosperity and good health be always with you.
Humbly yours Paul Earl.
6 thoughts on “BUY IN THE DIP-BITCOIN”
I have dabbled in crypto a little, and didn’t really research the trends and what to look for before I bought, and I ended up losing more money than I earned, but I stayed In the positive throughout the ordeal!
A lot of people think it is a losers game, but I have friends that literally retired due to their profit from crypto; bitcoin specifically. As such, I do realize that it can happen, and with so many new coins and currencies coming up, everyone should be able to find their perfect balance and grow their income without doing any work outside of research and watching a line go up and down; preferably up though, right?!
Good evening JeromyC, thank you for hanging out here with us at weightlifting for a beautiful world. Digital currencies are without a doubt the future and the future is now. Those who do not get involved will live with regrets as time goes on, because digital currencies are here to stay forever and a day. American flat currencies are losing value by the day, the American $1 bill is only worth $0.94. The wealthy, the CEOs of the giant companies are all involved with digital currencies and you can research this, it is a fact. Some of the biggest wealthy people within this world are knee-high deep with digital currencies. Now my dear friend I’m going to give you a tip, you want to find a coin that has substance, but you want to buy it before it hits coinbase because when it hits coinbase is when it will increase in value. If it’s a good coin with substance, it requires research. Once again, I want to thank you for stopping by and if it’s ever anything that I can do for you by all means reach out. May prosperity and good health be always with you, humbly yours Paul Earl.
I have done nothing but lose my investment in Bitcoin and did better with stock trading, especially with oil stock. Now after reading your article you say it is alright to buy bitcoin and the value is dropping like it is! Can you please tell me how it is better to buy bitcoin right now? I invested $500 in bitcoin and sold for $198.86, tell me who would not sell and cash out with a big drop like that?
Good evening Jannette, thank you for stopping by. People that have been involved with Bitcoin and other digital currencies know to buy in the dip because digital currencies like Bitcoin are not going away they’re only going to increase in value. I tripled my money the last time this happened, digital currencies are the future and the future is now. The wealthy, the rich, some of the biggest banks, investment firms are knee high in Bitcoin and other digital currencies. The mayor of New York just took his paycheck in digital currencies two weeks ago, Bitcoin. You made a very bad decision, you should have hung on, you should had research. You should have asked questions to the people that know and as far as the stock market is concerned there’s a heck of a lot of people bailing out. It’s a bull’s market you don’t want to fool around with the stock market now. I was also a big investor in stocks and securities not anymore. I have several close friends who had made Millions that’s right Millions with digital currencies. I was told to jump in, in 2017 and I did not and I have been living with regret ever since. One of my close friends invested $10,000 he walked away with 2.5 million at the end of the day, to give you one example. My advice to you, is get involved with a group on social media that’s involved with digital currencies so that you can get educated, and you need to do this quick. Once again, I thank you for stopping by and if it’s anything that I or my team can do for you by all means reach out. May prosperity and good health be always with you, humbly yours Paul Earl.
Well, some part of me believes that crypto is a good investment for the future, however, it is really hard to keep up the mood with all these highs and lows.
During last year I read in several places predictions for some cryptocurrencies that were not even close in reality, like BTC near 100k by the end of 2021, or ADA over 5 dollars, even ETH over 10k. I’m kind of starting to lose faith on it but let’s hope for the best.
Good evening Johnny, and thank you very kindly for stopping by. Don’t give up hope my friend and always buy in the dip with coins like Bitcoin. I tripled my money the last time this dip happen before he hit 70,000, you know as I know digital currencies are the future and the future is now. American flag currency is losing its value by each giving day. We have whole countries now that are using Bitcoin, Bitcoin is not going to give you Millions anymore, you need to find a coin with substance that will increase, 100 times even a thousand times. You need to do your research and when you find a coin with substance you want to buy it before it hits coinbase, because when it hits coinbase is when it will go up. That is the key my dear friend use this key, make money and keep your faith please. Once again, thank you for stopping by and if it’s ever anything that my team or I can do for you by all means give a shout. May prosperity and good health be always with you, humbly yours Paul Earl.