Beyond Bitcoin's Price: Why Deeper Value Matters, Plus My Forecast!
Hey SatsMate Stackers,
I hope you are all doing well! Wow, it is crazy to see the price get to the levels that it has so far this year. It feels great, but this podcast is my suggestion on becoming more based in our reasons on why we are getting into Bitcoin. I think many of us that are in it for the price, are out of it for the price just as quickly. I think this is why, we must buy this asset for deeper reasons than just the fiat price.
Specifically, in this podcast I go over the following important topics:
- My least favorite podcasts and videos are price predictions
- People get into the asset for the wrong reasons
- Most of our fiat struggles come from the high time preference behavior of always focusing on self-enrichment
- We get into things we don’t understand, can’t handle the volatility, and end up losing a lot
- If you are into it for as shallow a reason as the price goes up, the first thing you will do when it goes down is sell
- You will miss out on the window to truly accumulate
- The true money is found beyond the shallow and into the deep
- Lots of institutions, companies, countries, and individuals are stacking more than ever
- Even large governments, cities, and states are assessing allocating a percentage of this asset to their balance sheet
- The current price is about $119K, and depending on tariffs, war, debt issuance, and weakness in the dollar
- I think Bitcoin may hit up to $220-250K K pending things get worse with our debt
- During the upcoming bear market, I think the lows will be between 70 and 80K, worst case
- $100K is probably the new bear market low in my opinion
- Again, nobody holds the crystal ball; this is just my view
- The key thing to do is to focus on deeper reasons that price, that is, what will get you to accumulate more than most
If you like this, feel free to share it, leave a like or comment. Also, check out the links in the description that help support my channel and podcast.
Best Regards,
SatsMate Stack
Referral to Stacker News: Circular economy with bitcoin discussions involved! https://stacker.news/r/SatsMate
Primary Bitcoin Buys Through Strike: The primary place I go to buy Bitcoin. https://invite.strike.me/2MSTYG
Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.
https://use.foldapp.com/r/HTFKVY9L
https://zbd.gg/GalmaDuFria This is my personal QR code. It allows anyone to send me Bitcoin and messages directly to my ZEBEDEE. lnurl1dp68gurn8ghj7ctsdyh85etzv4jx2efwd9hj7a3s9aex2ut4v4ehgttnw3shg6tr943ksctjvajhxtmpxuurjcmxxvuz6wf58q6z6drpv5uj6c3jvy6z6epexe3ryd3kxe3kvcnr7y2uzj
Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before investing. With investing, you risk losing money, always read an invest
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