US Bitcoin Strategic National Reserve

[LordFall]

Trump has been endorsing Bitcoin heavily lately and talking about making a strategic national reserve

This here being the basic rationale behind it

 

Seems like a good time to get into especially alt coins as generally the market will probably trend upwards with this endorsement and overall strategy. 

 

[OBEler]

Altcoins is not good to invest now.

Bitcoin now, altcoins later. Bitcoin dominance will go up for some month.

Don't take my predictions for granted I am following a day trader and it can change 

Why does Bitcoin wins any time even if Bitcoin standard is not adopted by any countries 

Edited July 30, 2024 by OBEler

[LordFall]

My rationale is you won't make life-changing amounts of money from Bitcoin now. Even if it starts hitting 100k then 150k, that's still not even 3x your investment. Altcoins are more risky but if you have the time to study and find the projects that make a lot of sense and are under valued then you have realistic chances of getting some 10-50x returns. Have to do A LOT of research and gain deep understanding of how these things work though. 

19 minutes ago, OBEler said:

Why does Bitcoin wins any time even if Bitcoin standard is not adopted by any countries 

I guess his premise is that the current fiat system is unsustainable and the debt will keep rising until the economics of the countries literally collapse. I don't have enough knowledge of economics to confirm or deny this but it does seem that irresponsible corrupt politicians playing with money that can be printed out of thin air and waging economic and conventional/ economic warfare against each other could lead to something like that.