Goldfumed ⚡️🟠 on Nostr: Seriously considering taking out a personal loan sometime the 2nd half of this year ...
Seriously considering taking out a personal loan sometime the 2nd half of this year for more #Bitcoin & here’s why-
The year before a halving is historically a sideways accumulation year. See 2011, 2019 “Monthly” chart candles.
1/2 of the year we have 5/6 green monthly candles, the other 1/2 the opposite 5/6 red monthly candles.
This year 2023 we have had yet again 5/6 months of green monthly candles and one red.
I will not sell my Bitcoin for fiat currency, it’s either going to be used for goods & services or be handed down to my son when he is older.
My car is recently paid off, the loan payment wound be equal to the car payment I no longer have.
I see no reason no to. A sideways accumulation year Is only sideways in hindsight
The year before a halving is historically a sideways accumulation year. See 2011, 2019 “Monthly” chart candles.
1/2 of the year we have 5/6 green monthly candles, the other 1/2 the opposite 5/6 red monthly candles.
This year 2023 we have had yet again 5/6 months of green monthly candles and one red.
I will not sell my Bitcoin for fiat currency, it’s either going to be used for goods & services or be handed down to my son when he is older.
My car is recently paid off, the loan payment wound be equal to the car payment I no longer have.
I see no reason no to. A sideways accumulation year Is only sideways in hindsight