For once, there is a real supply shock in bitcoin.
This year:
- Trading volumes are down 30%
- Price is up 50%
- 81% of the supply hasn’t moved in 6 months
Our newsletter covers the details👇
Just a reminder that every single pleb who has been dollar cost averaging bitcoin is now in profit no matter when they first started DCA'ing. Every single one of them!
Discovering Bitcoin:
First minute: It’s a scam.
First hour: Wait, the dollar is a ponzi?
First day: There's only 21 million bitcoin?
First week: I need more.
First month: I could sell the car.
First year: Who needs a house?
First cycle: People still use dollars?
