Hey everyone!
Need to make this one brief today because I’m swamped with meetings.
But, many of you have likely noticed that Bitcoin is back at $56,000….
I can hear all the skeptics now…
“What? Wait I thought it was a bubble?”
“I thought it was a ponzi scheme, the scam of a century…”
“What even is a Bitcoin, does it even EXIST?”
I don’t have time for all of that nonsense today so for those of you who have been paying attention I’m just going to lay out what I think is going to happen….
1) $100k Bitcoin this year or I’ll eat my shoe
(Honestly I think it hits 100k by the end of May…)
I seriously think 100k BTC is inevitable this year.
A) It only has to double from here (i’ll remind you that it has already gone up more than 14x this year already).
B) There is literally a statistical model tracking its price to 99% accuracy. It’s called Stock to Flow. You should probably google it. It calls for a price from 100k-288k this year. I will REITERATE. IT HAS TRACKED THE PRICE TO 99% ACCURACY TO DATE.
C) The institutions are coming. Remember “Bitcoin Conference” that Michael Saylor held in early February? Those people haven’t even bought yet. They have to get their boards of directors to all agree, and it takes time. It took TESLA (one of the most innovative companies in the World…) 6-8 weeks to get it done. The 8,000+ corporations who attended are coming, and coming soon. Tic toc.
2) Honestly I think Bitcoin hits 250K+ this year. Not joking.
If you think I’m crazy you haven’t actually seen a parabola.
“What’s a parabola, you ask?”
That’s a Parabola.
As you can see, even in crazy bull runs like the one we are in, MOST of the gains happen in the PARABOLA, when the price literally goes vertical.
This has happened TWICE before, mind you. Twice.
Ever heard the term, “history repeats itself?”
Oh, and remember that model I talked about above, the one that predicts the price so accurately?
That same guy, who will likely win the Nobel prize in Economics for his model btw… also made THIS chart….
This is a chart of the two times this has happened before (two shades of Blue).
We are the RED.
As you can see, this cycle is actually MORE violent than the 2017 cycle, where the price went from 1k-20k.
So, saying we are going to hit 250k is honestly pretty conservative of me… dang, who knew Kale could be so bearish on Bitcoin… :)
So what should you do?
Honestly, I tweeted this yesterday, and it really is true….
YOU DON’T HAVE TIME TO UNDERSTAND BITCOIN FULLY IF YOU WANT TO PARTICIPATE IN THIS CYCLE.
I’m sorry, you really don’t.
At this point you’re going to just have to GET OFF ZERO and buy some, and THEN learn as you go.
Or, you can just ignore me and go on with your happy life, that’s okay too.
How do you buy?
Easy, just click one of these two links…
1) https://www.swanbitcoin.com/kale/
2) https://blockfi.com/?ref=e9fefa3e
I honestly don’t care if you use those links or not, I just trust both of those companies.
Once you have some, here are the top 3 resources I recommend to everyone who is trying to understand this.
1) BTC001: Bitcoin Common Misconceptions w/ Robert Breedlove (Bitcoin Podcast)
2)
3) BTC005: Bitcoin & Michael Saylor - A Masterclass in Economic Calculation (Bitcoin Podcast)
FAQ:
“Bitcoin is so expensive, shouldn’t I buy Etherium or Litecoin or Dogecoin instead?
Do whatever you want, I personally think anything other than BTC is a huge gamble and not worth the stress. I don’t have time to explain why, and you don’t have time to learn. So it truly is gambling if you chose to go that route.
“Won’t the government ban it”
Actually screw these FAQ’s haha… for all of these lame arguments please refer to this handy dandy cheat sheet that will destroy all of them in seconds -> https://safehodl.github.io/failure/
Hope you all enjoyed this! If you did throw it a LIKE and SHARE IT (FORWARD THE EMAIL FOR HEAVENS SAKE)
ALSO SUBSCRIBE WHAT THE HECK IT’S FREE FOR 30 DAYS.
ARE YOU NOT ENTERTAINED?????!?!?!?!
Kale
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