Rajat Soni, CFA's avatar
Rajat Soni, CFA
rajatsonifnance@nostrcheck.me
npub13wl6...np8z
🎯 I'm the Bitcoin guy 💼 10 years of finance industry experience 🧠 1 BTC = ∞ USD
Society is built on getting you into debt. - $50,000 weddings - $500,000 mortgages - $500 monthly car payments - $50,000 in student loans are all seen as normal. In reality, they're all just ways to get you to work forever while not being able to buy assets for the future. Hodl and trade to enable you pay your debt TG: @Rajatsonitrades
$BTC range continues like I mentioned in my last tweet. As long as we do not lose the VAL (lowest blue line) I will remain bullish on $BTC on HTF. TG: @Rajatsonitradesimage
#Altcoinseason will start once #Bitcoin breaks above its ATH.
A gigantic #Bitcoin breakout is imminent! 🚀 TG: @Rajatsonitrades image
If you are consistently investing, you are doing more than most people. Good job. Keep it up. TG: @Rajatsonitrades
Once #Bitcoin will hit $72k, there will be billions worth of short liquidations.image
The legacy financial system is a zero-sum game Stocks and real estate concentrate wealth with the people who own them by extracting it from people who don't If you own real estate and stocks, you are better off If you don't you are worse off
"#Bitcoin    isn't scarce because you can split it into smaller units" I'm going to break down why this is not true in a way that anyone can understand: You have 2 whole pizzas that are not cut. Each one is identical in size. If one pizza is cut into 10 slices while the other is cut into 8, does the one with 10 slices magically have more food? No. You have the same amount of pizza, but when you have 8 slices, each slice is 12.5% of a pizza and when you have 10 slices each slice is 10% of a pizza. Now let's move away from pizzas and talk about Bitcoin. The Bitcoin network issues a currency - BTC. There will only ever be 21,000,000 of these currency units. 1 BTC will always be 0.0000047619% of the network. The 21,000,000 is arbitrary - the algorithm used by the network stops producing more coins when there are 21,000,000 in existence. This number could have been 100M, 500B, or 100T. It doesn't matter. Each BTC can be split into 100,000,000 units called Satoshis. Smaller units means the network can handle smaller transactions. You can compare BTC and Satoshis to Dollars and Cents. In total, there are 2.1 quadrillion Satoshis. Today you can buy ~1500 Satoshis for 1 USD. You can split $1 into 100 cents. If I have 10,000 cents, do I have more money than someone who has $100? No. Both of us have 10,000 cents or $100. Each one is equal to the other! $100 X 100 cents = 10,000 cents
The US government may be selling $2B of #Bitcoin! Don't freak out, don't sell the dip, don't try to front run the market Look at this as an opportunity to buy lower If this Bitcoin is sold, maybe we see lower prices If it isn't and you sell, you may never be able to buy the same amount again Don't panic and make a decision Think it through, look at how your decision will impact you 10 years from now If you sell and all of this turns out to be fake, you'll be left with no Bitcoin while the US government continues to holdimage
#Bitcoin is NOT a get-rich-quick scheme. I buy Bitcoin knowing that the price can move sideways or drop 50% within 2 weeks and not recover for 3+ years. I'm ok with that because I'm not saving in Bitcoin to retire early. This is just a way for me to store my wealth and avoid inflation for decades to come. If, for whatever reason, countries and large institutions start adopting Bitcoin along the way, I'd be perfectly fine with getting rich quickly too!
You don't get rich with #Bitcoin. If you are young, healthy, have tradeable skills and a roof over your head, you are rich. This is subtly taken away everyday by fiat. Then you wake up old, without a family nor friends and likely without wealth. Bitcoin preserves your wealth. Telegram: @Rajatsonitrades
Lol "BTC will trade 0" #Bitcoin didn't even "trade 0" when SPX was at 3500 It's sad to see 160k people being misled
There is no reason to buy stocks and real estate, other than trying to get rich
Would you have listened to Blockbuster if the CEO came out and said Netflix is a scam? Would you have stopped using Netflix? If you answered no, then you shouldn't be listening to Bank CEOs (Jame Dimon) and investors in legacy markets (Warren Buffett) when they say #Bitcoin    is useless. DO YOUR OWN RESEARCH. Bitcoin directly competes with banks and their ability to store your money (eg. checking and savings accounts) and lend money (bank loans). Bitcoin allows anyone to store value IN THEIR OWN POSSESSION, and is designed to make peer-to-peer lending possible. It can potentially eliminate a significant chunk of the profits that banks earn.
Apple is a 42-year-old company #Bitcoin    is 15 Middle-aged companies keep their composure Teen-aged companies are volatile. Look at the chart for Apple when it was a teenager:image
Looks like leveraged holders down to 66k got liquidated @bitcoinmunger has been pretty accurate so far #Bitcoinimage
Last time #Bitcoin    was ~69K US Dollars, it was ~93.5K Australian Dollars. Bitcoin is ~69.5K USD today, but it's 107.2K AUD Bitcoin's price in AUD increased 14.4%, but it's up less than 1% in USD. The Australian dollar is being debased MUCH faster than the US Dollar (supply increasing). Fewer people want to hold AUD over USD (demand decreasing). The Australian dollar is trending to 0 much faster than the US dollar in terms of Bitcoin.image