Is Bitcoin Heading To $150k?
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We tried to sell off. We we tried to collapse with equities. It didn't happen. Now we're back above all time highs. Equities have still not reclaimed their all time highs, and people are starting to realize, Trump is in power for four years. He has repeatedly done things that are good for Bitcoin. Maybe we should stop fighting that trend.
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back, everyone, to another ThousandX podcast. It has been an eventful an eventful week. But, Jonah, I hope you first I hope you had a good Memorial Day weekend. May maybe you got a little bit of time off, time to chill, maybe not.
It was fun. I went to a a party at an undisclosed location. That was awesome. It's good to see you, Avi. I've
I've heard similar things that this this party was, good, by the way.
The party was pretty crazy. What a fun time. Yeah. I'm feeling good. I'm feeling refreshed. I'm feeling like I lost a few brain cells, but no worse for the wear. I, I feel like I should be more euphoric about crypto. The whole space is like, if you had told everybody three years ago that we'd be trading a hundred and 10,000 with, like, mainstream institutional adoption. The president, like, basically the president of The United States, like, personally setting aside a few yards worth of fiat to go and lift Bitcoin. You know, I would have thought we'd be in pure euphoria mode, CME basis at 30%
Yeah. It's it's honestly it's amazing. And I think the the the broader mentality is that, oh, wow. Like, I should have made a lot more money. And I think that comes from the fact that returns are just naturally gonna come down in an industry that grows. Like, if you think about it, basically, every other time Bitcoin hit all time highs, everyone had five to 10 x their entire stack. And because all it's just, like, pulled ridiculous moves. Like, if you go back and you look at the moves in 2021 or even you look, like, look at look at the moves in, you know, from from end of twenty three to, to A
mean And they're they're widespread. Yeah. You you like, you didn't have to be smart. You just had to do something and you could've you could've hit a 10 bagger without trying too hard back in 2020. Like, if you if you bought altcoins during COVID, you were rewarded handsomely for that. Right now, I mean okay. So the famous quote is somebody asked Warren Buffett, what's your secret? And he said, nobody likes to get rich slow. So that's what I've focused on. And he's kind of right. You know? Like, it pays real dividends to invest in a career, invest in good things for the long run, try to avoid
so and some of the picks that we've been looking at have been doing very well. Obviously, we've mentioned hyped a lot, but syrup is still is still crushing it. Yep. Very, very, very happy to see that now now, like, at at 4 at 43¢. Mhmm. You know, we we we started showing this thing. Not showing, but, you know, talking about how we like it.
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