I honestly can't believe that #bitcoin is still selling for less than $116,650. Buy as much #bitcoin as you can get your hands on while it's still this cheap. Yes, this is financial advice.
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Bitcoin is a $2T+ Asset WITH tail risk AND headwinds. PE of SP500 is 28. Mean is ~16 In reality, this is price to sales territory (which is 3). This is just stupid. Bitcoin is the most underpriced asset in the world. There is nothing close.
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Here is PE for SP500 for reference. Nosebleed was 8 points ago, in a pandemic with supply chain issues. Incremental investment dollars, should find their way to Bitcoin or miners. Period Are you going to buy more S&P, and hope for 30? With all supply chain issues?

4:04 PM ยท Oct 15, 2021

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