#Dollar cost averaging (DCA) is a long-term investment strategy that helps to smooth out the effects of market volatility. By investing a fixed amount of money on a regular basis, you are essentially buying more Bitcoin when the price is low and less when the price is high. This can help to reduce your average purchase price and increase your chances of making a profit over the long term. Of course, there is no guarantee that Bitcoin will always go up in price. However, if you believe in the long-term potential of Bitcoin, then #DCA is a strategy that can help you to minimize your risk and maximize your profits. The people who are looking to get rich overnight are probably not going to be successful in any investment, including Bitcoin. Investing is a long-term game, and it takes time, patience, and discipline to be successful. If you are willing to put in the work, then DCA can be a great way to build wealth over time. Here are some of the benefits of using DCA for Bitcoin investing: * It can help you to average out your purchase price and reduce your risk. * It can help you to stay disciplined and avoid making emotional investment decisions. * It is a simple and easy strategy to follow. * It can be used with any amount of money. If you are considering investing in Bitcoin, then DCA is a strategy that you should definitely consider. It is a simple, effective way to build wealth over the long term. Here are some tips for using DCA for #Bitcoin #investing: * Set a budget and stick to it. * Invest a fixed amount of money on a regular basis. * Don't try to time the market. * Be patient and don't panic sell. DCA is a long-term investment strategy, so it is important to be patient and not expect to get rich overnight. If you are willing to put in the work, then DCA can be a great way to build wealth over time.

"#Sailing is the only way for me to forget about the world."

**1. Spot #ETF approval** An exchange-traded fund (ETF) is a type of investment fund that tracks an underlying asset, such as a stock index or commodity. Spot ETFs are those that track the price of an underlying asset directly, as opposed to futures ETFs, which track the price of an underlying asset in the future. A spot Bitcoin ETF would allow investors to buy and sell Bitcoin on traditional exchanges, such as the New York Stock Exchange. This would make Bitcoin more accessible to a wider range of investors and could lead to increased demand and price appreciation. The U.S. Securities and Exchange Commission (SEC) has yet to approve a spot Bitcoin ETF, but Saylor believes it is inevitable. In fact, the #SEC is currently reviewing several applications for spot Bitcoin ETFs. **2. Banks custody and lend against Bitcoin as collateral** Currently, most banks do not custody Bitcoin or lend against it as collateral. This is because Bitcoin is a relatively new asset and there is still some uncertainty about its safety and volatility. However, Saylor believes that banks will eventually start to custody and lend against Bitcoin as it becomes more mainstream. This would make it easier for investors to access Bitcoin and could also lead to increased demand and price appreciation. **3. Fair value accounting rules from FASB** The Financial Accounting Standards Board (FASB) is the private organization that sets accounting standards for public companies in the United States. In June 2023, the #FASB approved new fair value accounting rules for Bitcoin. These new rules will require public companies that hold Bitcoin to report its fair value on their balance sheets. This will make Bitcoin more transparent and could make it more attractive to institutional investors. #Saylor believes that these 3 catalysts will take Bitcoin to $5 million. However, it is important to note that these are just his predictions and there is no guarantee that they will come true. The price of Bitcoin is determined by supply and demand, and there are many factors that could affect both of these in the future. For example, if more countries adopt Bitcoin as legal tender, this could increase demand and drive up the price. However, if there is a major hack or other negative event involving Bitcoin, this could decrease demand and drive down the price. Overall, it is impossible to say for sure whether Bitcoin will reach $5 million. However, the catalysts mentioned by Saylor could certainly play a role in driving up the price in the future.

Be careful with boats. Safety first. #Bitcoin

Yes, the current potential for #BTC is very high. As you mentioned, there are only 3.32 million BTC that will ever be mined, and the global store-of-value market is worth $450 trillion. If BTC were to capture even a small percentage of this market, the price per BTC could be very high. The bonus point you mentioned about #AI is also very important. AI is expected to lead to huge economic growth, which will increase the demand for BTC as a store of value. As more people and businesses adopt BTC, the price is likely to continue to rise. Of course, there are no guarantees in the cryptocurrency market. However, based on the current factors, it is clear that BTC has the potential to reach very high prices in the future. Here are some other factors that could contribute to the rise in the price of BTC: * Increased institutional adoption: More and more institutional investors are starting to invest in BTC. This is a sign that the cryptocurrency is becoming more mainstream and accepted as a legitimate investment. * Regulatory clarity: As governments around the world start to provide regulatory clarity for cryptocurrencies, it will make it easier for businesses and individuals to invest in BTC. * Technological innovation: The development of new technologies, such as the Lightning Network, will make it easier and cheaper to use BTC. This could lead to increased adoption and demand for the cryptocurrency. Overall, the future looks very bright for BTC. The cryptocurrency has the potential to reach very high prices in the years to come. However, it is important to remember that the cryptocurrency market is volatile and there are no guarantees. Investors should do their own research before investing in BTC.

We have a long way to go, so it's important to enjoy the journey #Bitcoin #sailing #nature

As long as you can buy bitcoin it is still cheap. Once the #Bitcoin Standard is established the only way to acquire bitcoin will be by working for it.

Information overload: a threat to critical thinking In the age of information, we are constantly bombarded with data and news. This can be a good thing, as it helps us to stay up-to-date on current events. However, it can also be a bad thing, as it can lead to information overload. Information overload can make it difficult to think critically. When we are constantly bombarded with information, it can be hard to focus and to process what we are reading and hearing. This can lead to us making impulsive decisions or decisions that are not based on evidence. To combat information overload, it is important to be selective about the information we consume. We should also take time to reflect on the information we do consume. This will help us to make better decisions and to get more out of the information we are given.

One of the most important things we can do to prepare for challenges is to be mentally prepared. This means having a positive attitude and believing in ourselves. We must also be prepared to work hard and to persevere in the face of difficulty. #Sailing

Big thanks to all the #Bitcoin investors who sell low. You're helping to make the world a more equitable place.

The author of the text you shared makes a good point about the difference between volatility and risk. Volatility is simply the degree of fluctuation in an asset's price. Risk, on the other hand, is the possibility of losing money on an investment. #Bitcoin is a very volatile asset. Its price has fluctuated wildly over the years, with some dramatic crashes. However, the author argues that this volatility does not necessarily mean that Bitcoin is a risky investment. He points out that Bitcoin is a scarce asset with a limited supply. This means that its price is likely to continue to rise over the long term, even if it experiences some short-term volatility. The author also compares Bitcoin to US Treasury bonds. Treasury bonds are considered to be very safe investments because they are backed by the full faith and credit of the US government. However, they also have a low interest rate, which means that they do not offer much potential for growth. Bitcoin, on the other hand, has the potential to generate much higher returns, but it also carries more risk. Ultimately, the decision of whether or not to invest in Bitcoin is a personal one. There is no right or wrong answer. However, it is important to understand the risks involved before making any investment decisions. Here are some of the risks associated with investing in Bitcoin: * Volatility: Bitcoin's price is very volatile, which means that its value can fluctuate significantly in a short period of time. This can lead to losses if you sell your Bitcoin at the wrong time. * Security: Bitcoin is a digital asset, which means that it is vulnerable to hacking and theft. If you lose your Bitcoin, it is gone forever. * Regulation: The regulatory landscape for Bitcoin is still evolving. This could make it difficult to sell your Bitcoin or use it to make payments. If you are considering investing in Bitcoin, it is important to do your research and understand the risks involved. You should also only invest money that you can afford to lose.

That is a fun fact! And it is true that historically, #Bitcoin has fallen an average of 20% lower after closing below its 200-day moving average. However, as you said, "maybe this time is different." There are a few reasons why this could be the case. First, the overall market conditions are different now than they were in 2016. The global economy is in a better place, and there is more institutional investment in Bitcoin. This could help to support the price and prevent it from falling as much as it has in the past. Second, Bitcoin is becoming more and more adopted as a store of value. This means that people are starting to see it as a long-term investment, rather than a speculative asset. This could also help to prevent the price from falling as much as it has in the past. Of course, it is impossible to say for sure what will happen. Bitcoin is a volatile asset, and it is always possible that it could fall even further. However, there are some reasons to be optimistic that this time could be different. Only time will tell what the future holds for Bitcoin. But one thing is for sure: it is an exciting time to be involved in the cryptocurrency market.

Me: Meanwhile in the country that invented all the parts of capitalism as we know it today... Google AI: * The rich are getting richer, the poor are getting poorer, and the middle class is disappearing. * The government is corrupt, and corporate interests have more power than ever before. * The environment is polluted, and climate change is a growing threat. * The future looks bleak for many people, as they struggle to make ends meet and find a sense of hope. This is the reality of capitalism in the United States today. The system that was once hailed as the engine of economic growth and prosperity has now become a source of inequality, corruption, and environmental destruction. The gap between the rich and the poor is wider than ever before. The top 1% of earners now own more wealth than the bottom 90% combined. This inequality is not just a matter of income, but also of opportunity. Children from wealthy families are far more likely to attend elite schools, get good jobs, and live long, healthy lives than children from poor families. The government is also captured by corporate interests. Special interest groups spend billions of dollars lobbying Congress to pass laws that benefit them, while ordinary citizens have little to no influence on the political process. This has led to a system where the rich get richer and the poor get poorer, regardless of the policies that are enacted. The environment is also suffering under capitalism. The United States is the world's second largest emitter of greenhouse gases, and climate change is a growing threat to the planet. Corporations are cutting corners and polluting the environment in order to maximize profits, while the government does little to regulate them. The future looks bleak for many people in the United States. The cost of living is rising, wages are stagnant, and the job market is increasingly precarious. Many people are struggling to make ends meet, and they have little hope for the future. This is not the future that the inventors of capitalism envisioned. They believed that capitalism would create a system of economic freedom and opportunity for everyone. Instead, it has created a system of inequality, corruption, and environmental destruction. It is time for a new economic system. A system that puts people and the planet first, not profits. A system that guarantees everyone a good job, a decent living, and a healthy environment. A system that is truly democratic, where everyone has a say in the decisions that affect their lives. That is the future we should be fighting for. Google AI #Bitcoin

#BTC will become the largest employer on Earth.

A technical analysis figure has been seen somewhere #Bitcoin

Hand-stirred clay pot and freshly picked blueberries with pancakes. #PoW

The speaker in the video makes some interesting points about Bitcoin and inflation. He argues that Bitcoin is the only fixed supply asset in the history of our species, and that this makes it a valuable store of value in an era of rising inflation. He also criticizes the Federal Reserve's monetary policy, arguing that it has led to inflation and distrust in the dollar. There is some evidence to support the speaker's claims. Bitcoin has indeed been on a tear in recent years, and its price has increased by over 50% in 2022 alone. This suggests that investors are increasingly seeing Bitcoin as a hedge against inflation. Additionally, the Federal Reserve has been printing money at an unprecedented rate in recent years, which has led to concerns about inflation. However, there are also some counterarguments to the speaker's points. For example, some economists argue that Bitcoin is too volatile to be a reliable store of value. Additionally, the Federal Reserve has argued that its monetary policy is necessary to prevent a recession. Ultimately, whether or not Bitcoin is a good investment is a matter of opinion. There are certainly some risks involved, but there are also some potential rewards. Investors should carefully consider their own financial situation and risk tolerance before investing in Bitcoin. Here are some additional thoughts on the speaker's points: * The speaker's argument that Bitcoin is the only fixed supply asset in the history of our species is technically correct. However, it is important to note that there are other assets with a limited supply, such as gold and silver. * The speaker's argument that Bitcoin will go up in value because everything else can be issued more is also sound. However, it is important to remember that Bitcoin is still a relatively new asset, and its price is volatile. There is no guarantee that it will continue to rise in value. * The speaker's criticism of the Federal Reserve's monetary policy is valid. The Fed has been printing money at an unprecedented rate in recent years, which has led to concerns about inflation. However, it is important to remember that the Fed's goal is to keep inflation low, and it has taken steps to address the issue. Overall, the speaker makes some valid points about Bitcoin and inflation. However, it is important to remember that there are also some risks involved in investing in Bitcoin. Investors should carefully consider their own financial situation and risk tolerance before investing. Google AI answer to @jack Mallers

"#Bitcoin open interest on #Binance is now at its highest point since the #FTX collapse. It has seen a $500M+ increase in the past day alone. This is a significant increase and it could be a sign that something big is cooking in the Bitcoin market. There are a few possible explanations for this increase in open interest. One possibility is that it is due to increased speculation in the Bitcoin market. With the price of Bitcoin hovering around $20,000, some investors may be betting that the price will soon go up. This could lead to an increase in open interest as investors buy futures contracts in anticipation of a price increase. Another possibility is that the increase in open interest is due to institutional investors entering the Bitcoin market. Institutional investors have been slowly but surely entering the Bitcoin market in recent months. This could be a sign that they are expecting the price of Bitcoin to go up in the long term. This could lead to an increase in open interest as institutional investors buy futures contracts to hedge their bets. Whatever the reason for the increase in open interest, it is a sign that there is a lot of interest in Bitcoin right now. This could lead to a significant price increase in the near future. However, it is important to remember that open interest is not always a reliable indicator of price movements. It is possible that the increase in open interest is simply due to increased speculation and that the price of Bitcoin will not go up in the near future. Only time will tell what will happen next in the Bitcoin market. However, the increase in open interest is certainly a sign that something big is cooking." #Google AI

Don't listen to what they say - watch what they do