Be ahead of the curve

[finalpsychyear]

I think we need to look at btc returns this cycle and compare it to where things were at in QQQ (15%)/VOO (13%) VTI 9% since its previous ATH for folks who bought at the previous cycle top of 69k.

If it reaches 100k ish that is a close to 50% return in 4 years assuming this happens late 2025.

I'd' consider that great when at best only maybe QQQ could be at 20% by then and the rest even under that.

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[MirrorTodd]

I think we need to look at btc returns this cycle and compare it to where things were at in QQQ (15%)/VOO (13%) VTI 9% since its previous ATH for folks who bought at the previous cycle top of 69k.

If it reaches 100k ish that is a close to 50% return in 4 years assuming this happens late 2025.

I'd' consider that great when at best only maybe QQQ could be at 20% by then and the rest even under that.

I know it's only the middle of the year but I am tempering my expectations. That run up was way to emotional for me lol

 

[mentos]

I think we need to look at btc returns this cycle and compare it to where things were at in QQQ (15%)/VOO (13%) VTI 9% since its previous ATH for folks who bought at the previous cycle top of 69k.

If it reaches 100k ish that is a close to 50% return in 4 years assuming this happens late 2025.

I'd' consider that great when at best only maybe QQQ could be at 20% by then and the rest even under that.

Comparing 1 coin to an ETF is kind of apples and oranges. I think comparing BTC to MSFT, AAPL, NVDA, META etc would be more appropriate. If there was a conglomerate or ETF version of the top 100 coins then they'd probably have more similar returns to QQQ.

 

[makemoney2024]

Already up 84% in premarket, gonna be an interesting few weeks leading up to 6/21

Seriously? I literally finally sold last month. How interesting. 😂😂😂😂

 

[Z-Qualizer]

Seriously? I literally finally sold last month. How interesting. 😂😂😂😂

Were you up or down (by how much)? Or did you basically break even?

 

[makemoney2024]

I literally l

Were you up or down (by how much)? Or did you basically break even?

Lost most of it. Held it for four years.

 

[MirrorTodd]

I literally l

Lost most of it. Held it for four years.

My god man and you chose to get out now?

 

[makemoney2024]

My god man and you chose to get out now?

A month or two ago. Was consolidating the losers. Hahah. It wasn’t many shares BTW.
I don’t remember but I bought during all the hype in Covid times and it was like $3k worth.

 

[mentos]

BTC back to pump mode 😎

 

[mentos]

Were you up or down (by how much)? Or did you basically break even?

I did this degen day trade today for a quick $822.

 

[sevo00]

BTC 87k by August

 

[mentos]

BTC 87k by August

Can you chart NVDA? Sorry if this is the wrong place to ask, I haven't seen a stock thread.

 

[finalpsychyear]

BTC 87k by August

Doesn't it take minimum 6 mo after halving before much happens? I'd be overjoyed if this means less than 2 months and your prediction comes true lol.

 

[Z-Qualizer]

I literally l

Lost most of it. Held it for four years.

Ouch… sorry man 😬

 

[Z-Qualizer]

I did this degen day trade today for a quick $822.

Ha nice!!

 

[Z-Qualizer]

Doesn't it take minimum 6 mo after halving before much happens? I'd be overjoyed if this means less than 2 months and your prediction comes true lol.

In previous cycles, you’re absolutely correct…

But we also never hit a new ATH prior to the previous halvings, and that happened this year. So we’re in uncharted territory here.

 

[sevo00]

In previous cycles, you’re absolutely correct…

But we also never hit a new ATH prior to the previous halvings, and that happened this year. So we’re in uncharted territory here.

Correct

This is the first time BTC broke the .618 fib level prior to halving. Institutional demand is changing the dynamic.

 

[mentos]

So the ETF really is a big deal.

 

[sevo00]

Can you chart NVDA? Sorry if this is the wrong place to ask, I haven't seen a stock thread.

I don’t trade NVDA but just a Quick Look at the chart my prediction would be a run past 1200 and then a correction to maybe 850 range

 

[sevoflurane]

My god man and you chose to get out now?

#notmakingmoney2024

(i joke, i joke)

 

[sevoflurane]

I don’t trade NVDA but just a Quick Look at the chart my prediction would be a run past 1200 and then a correction to maybe 850 range

Maybe. Next gen chips are being developed much faster. Months vs Years.

 

[finalpsychyear]

In previous cycles, you’re absolutely correct…

But we also never hit a new ATH prior to the previous halvings, and that happened this year. So we’re in uncharted territory here.

Again I hope ur right. I can see sideways action till eoy before a large run up and peak and it would essentially match previous cycles just initially sped up.

 

[mentos]

BNB just hit all time high.

BTC 1.4 tril
ETH 460 bil
BNB 104 bil
SOL 79 bil
XRP 29 bil

 

[finalpsychyear]

BNB just hit all time high.

BTC 1.4 tril
ETH 460 bil
BNB 104 bil
SOL 79 bil
XRP 29 bil

I do think it's just a matter of time before the main one has a mc bigger than a single stock but who knows

 

[mentos]

I do think it's just a matter of time before the main one has a mc bigger than a single stock but who knows

Which is the main one?

 

[Direct Laryngoscopy]

So the ETF really is a big deal.

BTC ETF just getting started. Not sure how big ETH ETF will be but BlackRock might be allocating more funds for it. Larry Fink has been mentioning tokenizing physical world assets and I think he may try to get it on the ETH network. We shall see. But there’s no denying the BTC ETF is off to a great start.

 

[LivetoTell]

I have found that InvestAnswers on YouTube seems like a solid resource on all things Crypto. Anyone watch him?

 

[mentos]

I did this degen day trade today for a quick $822.

Why didn't I hold this 🤦