Bitcoin : if you can't beat it BUY it .... short thoughts on central banks and smart money flows, the rich and the poor

Bitcoin : if you can't beat it BUY it .... short thoughts on central banks and smart money flows, the rich and the poor

By al998 | Cryptocurrencies and banks | 2 Dec 2020


 

In the beginning it was people "poor money" flowing and BTC went from nothing to 100.

Rich guys were laughing.

Then smart money poured in and BTC went from 100 to thousands.

Rich guys were laughing.

Then big portfolios moved in and BTC hit new highs.

Rich people started to feel uncomfortable if not stupid....Central Banks worry....

Now strong hands are coming on BTC and rich people smile....

Now poor people cannot afford to buy BTC.... it is flowing into the rich portfolios.

Soon central banks and strong hands will take BTC to the moon and make it a reserve currency.

The poor who had the chance and guts to buy and HODLR for years and still HODLR and HODLR are and will be the new rich.

The majority of the poor will remain poor.

Satoshi's dream partly won and partly failed.

Nothing is perfect my friends.

Alberto

 

 

 

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al998
al998

i come from the banking business, left back in 2015 after 20 years, 10 of which passed in the prop trading desk (arbitrage, long/short, stock futures etc.) to be an entrepeneur. Happy to have left. Since 2016 investor in cryptos.


Cryptocurrencies and banks
Cryptocurrencies and banks

the power of money

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