Let's Talk About Bitcoin, Baby!


Unless you've been completely asleep at the wheel, Bitcoin has once again re-claimed the 40k level. Whether or not it sustains will be told over the next few days, but things are looking pretty good for the cryptocurrency year-to-date. Let's just say that 2023 has been much kinder than 2022.

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Wow, what a beautiful chart! You could say that:

  • It's been an "up" year
  • BTC is on the "rise"
  • Bitcoin "to the moon"

To be exact, it's up 146.92% from January 1, 2023. So, with the next halving upcoming and what appears to the beginning of a new bull run happening, Bitcoin is once again getting everyone hyped up. It's pretty difficult not to be a little giddy, looking at the all-time chart:

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Especially now that the price has decisively broken through the previous lows of the 2020-2021 bull run. It's hard to find a bear case now. Many folks are already calling for 100k in 2024. I think perhaps it's a bit too early for such calls. But, regardless, the "hodl" method seems to be winning strategy again: buy what you can and just hoard it. 

What's your strategy when it comes to Bitcoin? Are you a trader, a hodler, something else?


The original Bitcoin faucet is long gone, but there are still ways to collect some free crypto:
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  • Check out Yescoiner to easily collect some satoshis; no nonsense -- just solve a captcha. Low payout, slow drip here
  • Final AutoClaim is another facuet-style site that offers payouts in 74 different coins
  • For an entertaining, off-the-wall faucet, check out Crypto Junkie. Great for accumulating SPACE and SHIB
  • For rewards in XNO and BTC, check out TipNano app

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RocketEnthusiast
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dot com boomer - writing mostly on crypto, stocks, entertainment, etc.


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