BTCMeansFreedom4All on Nostr: This chart appears to show diminishing returns, leading many to believe this cycle ...
This chart appears to show diminishing returns, leading many to believe this cycle will see lower returns than 2021. It is my strong belief that this cycle will be much closer to 2017 than most realize. You are not ready for the next 9 months, you're also not ready for the following historic bear market that will see prices return to current values by Jan 2027.
The value per coin will rise to 3 - 6 times it's average mining cost before crashing 80%+, as it has done every cycle. Currently, the mining cost and the market price are nearly the same. I believe mining cost will rise to $150k - $200k while the market price will rise from $500k - $1000k over the next 6 - 10 months when peak FOMO is seen. I will personally start BCA some of my stack once we hit 3x the average mining cost, in preparation for the crash.
Don't day trade, you want more Bitcoin not more dollars. DCA when the price is around or below the cost to mine (majority of the time), but BCA when the price is significantly inflated compared to production cost which only really happens every 4th year since Bitcoin was created.
https://en.macromicro.me/charts/29435/bitcoin-production-total-cost
The value per coin will rise to 3 - 6 times it's average mining cost before crashing 80%+, as it has done every cycle. Currently, the mining cost and the market price are nearly the same. I believe mining cost will rise to $150k - $200k while the market price will rise from $500k - $1000k over the next 6 - 10 months when peak FOMO is seen. I will personally start BCA some of my stack once we hit 3x the average mining cost, in preparation for the crash.
Don't day trade, you want more Bitcoin not more dollars. DCA when the price is around or below the cost to mine (majority of the time), but BCA when the price is significantly inflated compared to production cost which only really happens every 4th year since Bitcoin was created.
https://en.macromicro.me/charts/29435/bitcoin-production-total-cost
quoting note1cgm…9rt4
