Accumulating a LOT of BTC - AMA

Accumulating a LOT of BTC - AMA

https://preview.redd.it/1x3p2nrsyf3f1.jpg?width=1179&format=pjpg&auto=webp&s=aa8593becbf691eec810577838525d79c8e8d1c0

I’ve been accumulating BTC with my whole net worth.

There’s only 21M coins to ever be minted, and there’s billions of people on the planet.

I’m pretty convinced jack dorsey is satoshi, and I have been convinced of this for quite some time.

All governments are printing money, so billions of people will want to put their wealth in assets besides paper currency.

If you go to your local JP Morgan branch today and ask to withdraw 30k in usd, they probably wouldn’t have enough to give you. Run on banks seems likely, and bitcoin is the backup plan.

Btc is the 6th largest asset class in the world, behind gold (22T), msft (3.4T), nvda (3.3t), aapl (2.9t) and amzn (2.18t).

I’m only buying, and not doing any selling, nor do I have any plans to sell. I don’t use any leverage or debt and am prepared for a 30% draw down (although I think that’s not going to happen from here).

I came from a single parent household and am self employed.

First time I bought bitcoin was 2018. I store in cold wallets offline.

Coinbase referral link if my ama helps you decide to pull the trigger and you’re wondering where I buy: https://coinbase.com/join/VAPAUN5?src=ios-link

AMA

submitted by /u/alex_on_redd1t to r/btc
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Quelle: bitcoin-en