Bitcoin is fighting a lot of resistance in this $23k range that we're experiencing right now. Everyone is wondering where both Bitcoin and the whole Altcoin market are gonna go after this massive rally off the bottom.
Will we return to lows or keep bouncing in this range before we breakout higher?
In this clip, Mitch and I talk about long-term versus short-term investing. We also talk about collateralizing your BTC so that you can always be stacking sats.
- Resistance between 18.3-50k
- Buying BTC for the long term, short fluctuations don't matter
- Example of collateralized lending at 3.5% - 0.7% & using it for expenses
- Option to own BTC while not being out of other investment opportunities
- Tesla investment by Cat, seemed good price at 1.33 - Long term cause in the IRA
- Age and approach to investing long term
- LF is young and Khal as well, LF is long term
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