The Clock is Ticking: Why Delaying Your BTC Investment Could Cost You

4 months ago

Hello SPIers, today we talk about the fact that you, yes you only have a few months left to buy cheap crypto before the proper crypto bullrun begins. I know things have been pumping recently but this is nothing, wait to see how the markets are this time in 12-18 months. If you want to invest in crypto and you dont within the next months, you're a poor excuse for an investor because we will never see prices this low again.

Today im going to be talking about BTC because when it comes to crypto, BTC is king. HIVE is cool but it's a dead token to anyone from the outside, thats just facts. We live in our own bubble and we do ok but at the end of the day, we have to keep our eyes on the prize, be aware of what HIVE really is, and know that selling off $10-50k of HIVE is not easy. Selling off $10 of pretty much any hive-engine token is not an easy thing to do. BTC is the daddy token and always will be, even if someday it's dethroned from the top spot, its still the King of Crypto.

So what is this all about and why Im super bullish?

We are now in that part of the cycle when we transition from a bear market to a bull market. Many are saying we are in a bull market now and they are not wrong but they are not right either. I think we are in the middle and this recent pump we've had will end soon and we'll get some sort of correction where BTC dips 15-30% and maybe more for ALT tokens. After this correction (if it comes), we're are moon-bound for the next 12-18 months folks and your time to buy will be slipping away from you.

I analyze past BTC cycles to try and guess how the next cycle will play out. Each cycle is different, each cycle has many unique characteristics but the fundamentals are about the same. It's a halving year and 2024 should replicate 2020 somewhat being a halving year but COVID happened in March 2020 and we had a Black-Swan event so it makes it hard to guess scenarios and how things will play out. BTC finished 2020 with a 3.5x gain from start to finish and hit a new-time high of over $20k in the middle of December. If COVID had never happened, could BTC have 5x'd? or would it have finished about the same on 3.5x? We'll never know. I dont expect another Black-Swan event, they are very rare events hence the name so this year should be smoother compared to 2020. Thats bullish.

My point here is it's a halving year for BTC and that means bullish. Most growth came in the second half of the year and this is why im saying right now is the time to buy BTC. This cycle will be very different for 2 reasons and more bullish than the previous cycles. On top of 2024 being a halving year,

1/ BTC EFT

We will know very soon if Blackrock ETF gets approved by the SEC, i think we should know within hours are maybe the news is already out by the time you are reading this. This could be bullish.

This is a massive game-changer if approved. Im not much of a hype or FOMO guy but all the hype you are hearing is true. It's underhyped if anything. Look, if this thing gets approved it might be months/years before we can start to invest in it and even longer before others start to create their own ETFs but when the money starts to pour in from institutions, it's game over for anyone looking to buy BTC. These massive 12-figure funds will stuck all the liquidity out of BTC and hold it for decades. They will never sell it, not in our lifetimes and you'll either own real BTC on the blockchain or BTC through an ETF with real BTC trading at a premium because it's real BTC and not paper BTC. Very bullish for BTC.

What happened when they made the first Gold ETF in 2004? Gold pretty much mooned for 7 years and did a 2.5x gain in that time. Thats about 35% per year which is huge for gold. If BTC's fate is to be the same as gold, we could see BTC with 2 prices. The ETF spot price will be the main price of BTC and a secondary market price for actual BTC that will carry a premium. Physical gold will sell for 5-15% higher than the spot price any day of the week. BTC having 2 different prices might seem odd but thats the way it is when we have something fake compared to the real thing. This is why a Sony TV costs more than Fony TV. They both do the same job and appear to be the same but they are not the same. BTC, real BTC could become very rare in the future. Thats bullish.

2/ BRC-20 Tokens

This is a completely other thing but you know how BTC has no real use case? This is changing with the release of BRC-20 tokens. These are tokens built on the BTC blockchain and people have been building for months already with many tokens released and projects/applications being built. Over 500 tokens have been built and together the BRC-20 ecosystem is worth over $3.6 billion and daily trading volumes of over $1.3 billion.

Do you know what this means? We'll soon be doing defi on BTC, thats feels wrong to type out but is true. We'll soon have NFTs on BTC. How could we have ever thought that BTC could be an "ETH KILLER", haha? I'd bet a few HIVE you've never seen BTC and ETH killer in the same sentence before.

You are going to start to see alot more about BRC-20 tokens over the next year. There are many opportunities to pick up lots of really dirt-cheap investments at underground prices and even more opportunities to lose your bag so if you do venture into these, move with extreme caution. This would be like buying into ERC tokens on Ethereum in 2017, remember? ICO's every day for months on end? But it was very bullish for ETH and we saw the same happen with BNB when it pumped almost 100x after it released BSC.

Whatever comes of this will not be bad for BTC. If not 100% sure how fees will do if the chain actively has 100x's but we'll see. This is another reason to be bullish for BTC.

You will always be able to invest in BTC but you will not always be able to buy BTC

Think about that

When BTC's liquidity is sucked dry and real BTC is trading at 40-50% over the spot, you will not be able to buy BTC, it'll become too rare and the premium on real BTC will completely put you off. You will always be able to invest in a BTC EFT but this is not real BTC. I dont care if each ETF is backed by real BTC are not, after time the game will change and BTC ETF will get diluted the same as gold and many others that are just numbers on a screen and far exceed what's in existence.

Buying real BTC right now could change your life, not even joking. You have no idea what BTC could do. If its marketcap were to be on par with gold today, each BTC would be over $700k. Goodbye to talking about buying BTC and hello to talking about buying Satoshi's.

Dont be the person who is thinking back on 2024 the same way today we think back to 2012 and think, damn, I could have bought hundreds of BTCs back then. In 10 years from now, you might be thinking, damn, I could have bought 0.1 BTC back then. Dont plan to do it, just do it and do what you have to do to get it done. Investing into BTC in the grand scheme of things is not an I'll do it later sorta thing. You have to get on the ball. If that means selling off some other stuff, so be it. Are your hive-engine tokens are gaming NFTs going to make any real difference to your life when you can't sell them? Winning is 5% planning and 95% doing.

As for the rest of crypto?

This will have a massive spillover effect and what do you think will happen after the BTC ETF is approved? ETH ETF!, then maybe a SOL ETF, hell maybe even a DOGE ETF, It's been around since 2013 and is a top 20 token, it's qualified. Tons of money will pour into the rest of crypto. We see this always each cycle, all the money goes into BTC and BTC moons, smart money pulls money from BTC and pump ALTS 10 times harder. What is good for BTC is good for crypto. The rest of crypto will do very well.

Last word

Im fairly bullish on BTC for the next few years as you can see.

I'll not say this often but if you are serious about crypto and you dont own any amount of BTC, you are not serious about crypto. By the way, owning SPI will mean you own some BTC but it's not in your control. 100 SPI tokens will contain around 0.001 BTC, bout $45 worth at today's price.

Thanks for listening to me and have a great day.

Token Name	Main Account	Link to hive-engine
SPI token	@spinvest	SPI
LBI token	@lbi-token	LBI
Top XV token	@spinvest	XV
Eddie Earners	@eddie-earner	EDS
EDS miners	@eddie-earner	EDSM
EDS mini miners	@eddie-earner	EDSMM
DAB	@dailydab	DAB
DBOND	@dailydab	DBOND