MAY I SUGGEST YOU IGNORE THE TURBULENCE
On July 27, 2020, bitcoin broke $11,000 for the first time in almost a year, increasing $1,400 in less than 12 hours before retreating into the mid $11,000 range. In my Twitter feed that day, I flagged an October 1, 2017, post that I had sent out as the previous bull market was rapidly approaching the same price range, “Why it’s #NotTooLate to invest in #Bitcoin today: You’re ahead of ~7 billion people, buying into a #gold-like asset class at a 99% discount.” Then, I added a new conclusion: “Almost 3 years later, and still true today . . .”
I wasn’t trying to be cocky; well, maybe a little. It always feels ...
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