BTC is one of the most misunderstood investments of a lifetime. I too had poor judgment in 2011-2013 when a young lady told me her fiancée did not work he mined BITCOIN. I remember thinking ignorantly “ How stupid is that “. I asked out of curiosity “ How much can he mine a day “. She said 1/4 of 1. I continued my ignorance until one of my current clients broke down the genius minds or mind behind BTC and why it is the best asset in the world. More valuable than gold, diamonds or paper money. He told me BTC is like the equivalent of the land grab in the 1800’s. Now with the new ETF’s you are seeing a new wave of previously sidelined investors stepping in. I do believe we will get to the point where 80-90% of the available BTC’s will be in large company or institutional investing companies hands. It is believed that of the 21 BTC that can be mined about 3-4 million are forever lost and the remaining 1.35 million to mine will be very expensive to produce. So 19.6 million minus 3.5 lost is only 16.1 million currently in existence. To put it into perspective there are only 4 million people in the world worth more than 10 million dollars (4 million out of a global population of 8.7 Billion) .. there are 70 million millionaires in the world. If you can acquire 1-4 BTC you are on the road to financial freedom. At 51,000 it’s not too late as people will look back the same way they are now saying I should have bought at 100. I have the utmost respect for those will to take the journey of a lifetime.
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