It Takes $5 Trillion in Paper Contracts/Year to Stop Silver From Behaving Like Bitcoin in Price
The reality is that you can make all the right decisions and be made to look like a fool, or you can be a greedy speculator and temporarily look like a genius. But keep investing your energy into the Natural Science of reality, not the theories and ideas and alternative fictions like the crypts of currency. The people who are getting wealthy off of cryptos are all the wrong sorts of people. None of you can maintain with any integrity that you have bought cryptocurrency in any state of mind other than a speculative motive that plans to sell and get back into other assets. How could you? Cryptos have zero history of being used as money, they don't store value, and they can't be used everywhere. They exist only in the figment of your technological imagination of the digital ether.
While anyone who sees this will benefit from this knowledge, it is intended for my audience only. If you haven't done the homework, you won't understand causality. Without understanding causality, silver looks like the worst investment of all time when it is actually the best.
Agreed. The Tulip bubble worked because everyone was getting into it. Doesn't mean it was valuable more than the energy it took to flower one. In the end, this is part of the process. People wanting to get rich will invest in whatever crap they see, pumping it and dumping it. Eventually, the true crypto with actual value will remain. So far: BTC
Yup. I tell people to treat it like a stock. If they're wealthy and they want to speculate, by all means get in, get rich, and get out.
But the average person can't even afford a single BTC. In this economic cycle, it's important to accrue real wealth while the fiat currency still has purchasing power, because once that collapses, people will not get another chance.
Well, that is an Eye Opener.
Sure, it's No secret that the distribution of wealth in the bitcoin Network looks same like any other currency - with 4 % of the Accounts Holding over 90 % of the Value ( if I didn't mess up These Numbers )
So ye, I might have a Look onto some real values before the big Crash arrives!
Thank you for Sharing this!
Yw! We're all connected. Everyone who is not protecting themselves will be a liability. Silver is the achilles heel of the banking cabal.