Thursday, 28 January 2021

Fuck the whales and the bears, I'm gonna DCA this thing to death.

There are way too many bullish developments coming soon to let go. To name a few:

  • PayPal is about to open Bitcoin purchases to their millions of users and merchants (settled in fiat)
  • Michael "Mega-Chad" Saylor is hosting a conference to share their playbook with institutional investors early Feb. A wall of institutional money might very well be coming later this year.
  • Janet Yellen clarified her views as to Bitcoin during her confirmation in a positive way. Yeah, regulations are actually a positive for large institutions, who hate regulatory uncertainty over anything else.
  • The new SEC chairman is pro-Bitcoin. The rumored new head of the CFTC is known to be crypto-sophisticated too. If that's not bullish, I don't know what is.
  • The S2F model, which has an historical accuracy of 95% suggests a major bull run is due this year.
  • Central banks around the globe are printing money like there's no tomorrow. In the US another round of stimulus checks in likely coming soon

... and probably more that I'm not aware of.

Fellow Bitcoiners, buckle-up, this year will be a crazy roller coaster ride. Skeptics, if you don't believe it or don't get it, I don't have the time to try to convince you, sorry. To quote Michael Saylor, have fun staying poor.

submitted by /u/patriceac
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