/r/glta_eth
I have reduced my bitcoin holdings to a fair %. I'm NOT going to go gonzo with this nutty asset anymore. All of my current holdings in bitcoins are considered free (no cost) via profits trading it. It can go to $0 now for all I care. I got back all of my original capital + more. HODL GLTA & MAGA!!!
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You know what's beautiful? Bitcoin moving from people who don't want it to people who want it. I'm Long-Term 16 BTC. HODL BTC, GLTA & MAGA!!!
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Bitcoin offers zero cash flow. It's just a speculative (like a leveraged bet on the NASDAQ) asset to most people, including me!!! I don't use the bitcoin network at all. I have no interest in using it. I'm just into bitcoin to make $$$, to sell my corn (BTC) at a higher price in the future. GLTA!!!
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Diversification and sizing matters. Do NOT oversize any investment (including Bitcoin) no matter how good it appears because $hit happens. HODL, GLTA and MAGA!!!
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The More Bitcoin Drop, The More I Buy. I’m planning to Buy 1 BTC tomorrow when the market opens, via IBIT ETF. GLTA!!!
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NEW: VanEck CEO says Bitcoin will be worth half the market cap of Gold and break +$350,000. HODL, GLTA & MAGA!!!
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Ether YTD gain went poofed. The price of ether, the native token underpinning the Ethereum blockchain, fell to around $2,194.00 per ETH and has erased its gains for the year. Now down -5.5% YTD, while Bitcoin is holding on to its YTD gains of +12.74% at $49,843.66 per BTC. GLTA!!!
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JPM Trading Desk Says ‘Getting Close’ to Buy-the-Dip Opportunity. I'm currently LONG-TERM 14 BTC. I will buy 1 BTC later today, perhaps even 2 BTC if market condition worsens. GLTA!!!
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The Bitcoin Growth & Income Fund (BGIF - a Private Fund) will be created this month. Did you know? Bitcoin (BTC) returned +436% over the past 5 years and is the top performing asset class in 2024. By year 2030, I expect BTC to surpass $300K+. STACK BTC, HODL, GLTA & MAGA!!!
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Well guess what? I just bought 1 more Bitcoin (BTC) today, but this time by going LONG 1,140 shares of Fidelity Wise Origin Bitcoin Fund (FBTC), a low-cost bitcoin spot ETF. I'm now LONG-TERM a total of 16 BTC, currently valued at $848,396.80. LFG!!! HODL BTC, GLTA & MAGA!!!
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