Bitcoin scams. Please don't be blindly optimistic
2024-11-22

Bitcoin is in the final stage of its bullish cycle!  Buying at the current price will most likely lead to a massive loss on your account in 2025/2026.  You want to buy when there is blood on the street, not when everyone is FOMOing in.  The moonboys are back, and historically, that's a big sell signal.  This cycle should end between 90k and 120k.  Then expect a massive crash back to 50k.

But let's take a look at 10 Bitcoin secrets and myths no one talks about.  Before that, write a comment with your altcoin, and I will make an analysis for you in response.  Also, please hit boost and follow for more ideas.

Bitcoin and blockchain are brand new technologies invented by humans on Earth.  That's false.  This technology is very old and is already in use on thousands of different planets in our galaxy and in other galaxies.  This technology was brought to Earth from the outside.
Bitcoin is decentralized and cannot be controlled.  That's wrong.  Bitcoin is controlled by the miners, and the FED and banks have full control over Bitcoin's development.  You really thought that banks would ignore Bitcoin?  In fact, they created it to replace the dollar and paper money (cash).
Bitcoin will bring freedom to humanity.  That's indeed incorrect.  Bitcoin is part of the total control plan to create 1 world digital currency.  That means 1 wallet per person on your government ID, monitored 24/7 (Bitcoin's transactions are public);  if you do something wrong, you can get blacklisted and unable to pay.
Everyone thinks that Bitcoin's maximum supply is permanently capped at 21 million coins.  That's incorrect.  This is the current setting of the Bitcoin program, and the supply can be very easily increased.  Don't forget that Bitcoin is software, and every software can be modified.  The practical supply of Bitcoin is infinite.
Bitcoin is the enemy to the banks and will cause destruction of the banking system.  This is very incorrect.  The banks are here to provide you financial services, such as loans or keeping your money save.  They don't really care if they borrow you Bitcoin or Dollar, as long as they make money on the interest, fees, and taxes.  They borrow you 10 bitcoins, but you have to pay back 20 bitcoins.  That's a good business, right?  In fact, the banks love Bitcoin.

It's getting long, so next 5 secrets tomorrow in this post in the next update.  Trading is not hard if you have a good coach!  This is not a trade setup, as there is no stop-loss or profit target.  I share my trades privately.  Thank you, and I wish you successful trades!