The Bitcoin Project
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Bitcoin Analytics Firm | On a mission to tell as many people as we can, that they are not late to Bitcoin.
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Joined February 2018
Most people think understanding Bitcoin takes 10,000 hours. But I can explain it to you in 30 seconds. A quick breakdown on: 1. Decentralization 2. Blockchain 3. 21M Let’s dive in…
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A quick way to lose money: Surrender your money to auto-trading firms. 👇
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They don't do that as it's not predictable. Certainly not predictable to manage your life savings. Want a more straightforward approach: Identify how quickly you can buy one Bitcoin. It's a reliable form of storing wealth for the next 10 years.
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If auto-trading worked, we wouldn't have exchanges. Instead, exchanges would say: - Load 1,000 dollars. - Meet us in 10 years. - Redeem your millions. They could ask for 10% as management fees. A highly profitable business model.
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A quick way to lose money: Surrender your money to auto-trading firms. 👇
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Earning six figures and only investing in stocks? It will take you 10 years longer than someone with 20% invested in Bitcoin to reach financial independence. Here are 7 reasons why: 👇
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You cannot print Bitcoin. Thus, people who hold Bitcoin will reach financial independence faster than the ones who don't.
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5. Your dollars are less valuable as more money is in the circulation pool. 6. We are at step 6. The punchline of step 7: 7. With Bitcoin, there will only be 21 million tokens. One Bitcoin will always be one Bitcoin.
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1. Governments can print money at will. 2. They have printed 13 trillion dollars to date. 3. COVID-19 happened, and the government printed 5.2 trillion dollars. 4. Imagine adding 5.2 trillion dollars to the money pool, in which you have $100k.
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Earning six figures and only investing in stocks? It will take you 10 years longer than someone with 20% invested in Bitcoin to reach financial independence. Here are 7 reasons why: 👇
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That's a wrap! If you enjoyed this thread: 1. Follow me @TheBitcoinProj for more of these 2. RT the tweet below to share this thread with your audience
Bitcoin ETF 101 These stats will blow your mind. - 4.6 billion dollars traded on Day 1. - Firms are eliminating their 1% management fees. - Bitcoin adoption is about to skyrocket due to Bitcoin ETF. But how does an ETF work?
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The power of an ETF? Before ETFs: Gold's market cap was $2 trillion. After ETFs: Gold's market was $16 trillion in a few years.
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Traders use ETFs to simplify trading. It gives exposure to the underlying asset without directly owning it.
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ETF is a container. It holds an asset. Any asset. The asset can be stocks, bonds, gold, or, in this case, Bitcoin. ETF is identical to a mutual fund. The difference. You can trade an ETF. You cannot trade a Mutual fund.
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Bitcoin ETF 101 These stats will blow your mind. - 4.6 billion dollars traded on Day 1. - Firms are eliminating their 1% management fees. - Bitcoin adoption is about to skyrocket due to Bitcoin ETF. But how does an ETF work?
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Long-Term Investors: Go broke buying Bitcoin. Short-Term Traders: Go broke from trading losses.
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#5/ TL; DR - Believe in the power of crypto - but need help knowing where to start? - Pick Bitcoin - Invest for five years. - Don't fall for speculative gambling. - Building wealth takes time. It won't happen in 6 months.
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A 5-year timeline ensures: - You are not gambling with your hard-earned money - You don't invest your emergency funds. - You have a disciplined approach.
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#4/ Expecting a $100,000 payout in 6 months is a fool's errand. - Pursuing crypto riches is a silly goal. - You cannot shortcut wealth. - Patience is needed. You need a 5-year timeline.
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Clearly, what "most people do" doesn't work. So do something else. - First, decide your investment budget for the year. - Identify how you want in Bitcoin. - Invest monthly.
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