Long-term Bitcoin investors often follow a strategy of buying at lower prices and selling at higher prices. This approach leads to profitable outcomes, as coins are transformed from a lower cost basis to a higher one. For example, a coin acquired at $6,000 in 2018 might be sold for $60,000 in 2021, resulting in a 900% increase in capital to attain the same volume of coins.

Today’s Market Condition

🥇 JUST IN : MicroStrategy purchased $593 million worth of #Bitcoin

16,130 BTC Biggest purchase of this year by MicroStrategy.

You know what is next !

🇨🇴 The President of Colombia is now an official #Bitcoin 🥇 HODLer

We can see that conditions throughout 2023 have seen net outflows 🟥 across several cohorts, suggesting a non-uniform behavior by different investor cohorts. This broad uptick in accumulation means that strong market performance and increasingly optimistic hopes around a spot BTC ETF are improving investor confidence in the uptrend.

#BTC +$39K, Bull are on fire. 🔥🔥🔥

CZ: “10 years ago today, I quit my job, sold my house, and aped into bitcoin. No, I am not saying you should do the same. Many people asked, how could you take such risks? Me, I knew I could easily get a job... Everyone's risk profile is different. Learn risk management."🚀

REGARDING FOREIGN CRYPTO EXCHANGES. -> Existing AML (Anti-Money laundering) and CFT guidelines for reporting entities are applicable on offshore exchanges servicing Indian market. -> The process for registration of such offshore VDA or services providers has been initiated. (Like foreign exchanges) -> Action will be taken against offshore exchanges if found non compliant.

Warren Buffett called #Bitcoin  "rat poison squared" and stated that "it is an asset that creates nothing".

Today, the market capitalization of #BTC surpassed that of his company, Berkshire Hathaway.

https://x.com/polyhedrazk/status/1731906055632830749?s=46&t=_-eRbpBRXoWm70XUuMRR6w

Fill the form with ETH wallet address👍

#BITCOIN $44,000🔥

#BITCOIN CME Gaps🫣

Market performance for #BTC since the cycle high is also strikingly similar to both the 2013-17 and 2017-21 periods. Note that here we use the April 2021 market top as the cycle peak, which we argue is a better reference point for comparing cycle duration.

🔴 2013-17: down -42% from ATH
🔵 2017-21: down -39% from ATH
⚫️ 2021-23: down -37% from ATH

This is on the basis of a very broad spectrum of metrics which signaled that this was the zenith in market sentiment, adoption rates, and investor confidence

Some of the Top 100 Wellknown Project Yet to pump. Yet to give 2X-10x gains from bottom.

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$LINA breakout soon 🚀