Sunday, April 02, 2023 8:39:41 PM
IMO…
Dollar pressures put Bitcoin as a must have small percentage in the beginning and higher as regulatory rules for institutional investment and so forth come into place…CFTC and SEC…hearings on Capitol Hill set or are being set.
Dollar slides further outside of attempted prop jobs by Treasury, etc., which I believe will fail. The old adage, what’s transacted in oil and military strength is the backbone of the dollar is retreating on the oil front and that pressure will push investors of all types, lest we not forget country federal systems, sovereign wealth, hedge funds, institutions of every type, retail and on and on…ADOPTION for diversification as a hedge against the dollar decline, IMO Bitcoin, Gold & Silver. My primary bet is Bitcoin as Digital Gold. I believe we are at the forefront of a replication in history which I made a killing in golf and silver in the from 1971 and through the 70s as a very young kid in my investing and leverage too! As soon as Nixon took us off the Gold standard…in went All In!!
This is much Bigger to me for many reasons. With the BRICS avoiding the dollar…then their follower countries…my logic points me in to this form of investment. This is my take and if others want to flip in and out, that’s fine, but they might miss big run days and not stomach buying in higher and miss a massive run. But, to each his or her own. Good Luck to All on your horse you bet on!
Recent BTCUSD News
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