

Unless you've been living under a rock, you've probably heard about the massive Bitcoin rally. Bitcoin surged by almost 16% in a single day, leaving many shocked and resulting in over $300 million worth of short positions being liquidated. This shouldn't come as a surprise, considering that BlackRock, the world's largest investment firm with trillions of dollars under its control, announced its intention to launch a Bitcoin ETF. The surprising aspect was that Bitcoin remained below $30k for an extended period.
In the world of Bitcoin, there's an expression: 'You get the price you deserve.' This means that those who study Bitcoin and take informed action acquire it at better prices than those who react impulsively to news. Many self-proclaimed crypto experts on social media had been predicting Bitcoin's drop to $12k, but now it seems Bitcoin may never dip below $30k again. Predicting Bitcoin's short-term movements is nearly impossible, which is why I avoid making such forecasts. What I do know is that over the long term, Bitcoin is set to become the most significant financial story of our lifetime. So, I encourage you to conduct your own research, refrain from trading Bitcoin, and consider entering this asset class sooner rather than later because Bitcoin doesn't wait for anyone.
Today’s letter is brought to you by Bitcoin Capitalist Mining!
Begin Bitcoin Mining in Paraguay Today: Get started with no minimum order!
Effortless Setup: Enjoy a white-glove experience where we purchase the machine and place it in our secure mining facility for you.
Low-Cost Hosting: Benefit from a competitive $0.06 per kWh hosting fee in our safe and secure facility.