phfame12 (phfame12)

phfame12

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WHY BITCOIN IS NOT A GOOD INVESTMENT Of course, the average Crypto Bro's dream is to grind and get some Bitcoin and secure the future of their generation forever. Every wannabe Crypto KOL and YouTube influencer with no grounded Economic and financial knowledge will encourage you to invest in Bitcoin with the mantra "Bitcoin will hit $1 million. Don't do it! If you do that, you will be making the worst financial decision of your life, especially if you are buying Bitcoin above 200k per unit as a retailer at 4.2 trillion dollars market capitalisation. The market capitalisation for gold currently stands at 29.4 trillion dollars, and gold has been a highly liquid, widely accepted store of value and medium of exchange for approximately 5000 years, and the price still stands at $4200 per troy ounce. What this means is that, if you invest $100k in Bitcoin at $100k per unit, you will need the market cap to multiply 11 times to hit a million-dollar profit.

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