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    This crypto expert gave his top 5 catalysts as to what’s going to spark the next bull-run. 🚀 Today’s expert is the godfather of Bitcoin, Michael Saylor. (godfather gif)If you’re new to crypto, Saylor is essentially the King of Bitcoin. Here’s his impressive resume –

    – Is the man who spearheaded the institutional wave of adding Bitcoin to companys balance sheets.
    – First started buying Bitcoin in 2020 when Bitcoin was at just $11,000
    – Now owns 152,333 Bitcoin worth over $4.5 Billion through his company Microstrategy
    – Is the guy that convinced Elon Musk to add Bitcoin to the Tesla and SpaceX balance sheets

    In his latest interview, Saylor got poised an interesting question – What will spark the next bull run? 🤔 He had an interesting answer – Saylor outlined 5 major milestones, any one of which could be the spark to erupt the next Bull Run. These were: 1. The Bitcoin Halving. The next Bitcoin halving is scheduled to take place in exactly 250 days from now, on April 17, 2024. ⏰ Saylor argues that when $10 Billion of new Bitcoin being put onto the market each year gets cut to $5 Billion, this is going to have an obvious upwards effect on the Bitcoin price, as it always has.

    2. FASB initiative to adopt fair value accounting for Bitcoin. This is an interesting one – FASB is the governing body for how companies must represent Bitcoin in their financial reporting. 🤓 Right now, Bitcoin is treated not like securities or cash, but more like a patent or a trademark. Once a company has Bitcoin on its balance sheet, if the price of Bitcoin drops, the company has to write down its value and take a loss on their income statement. BUT – if the price of Bitcoin goes up – the company is not allowed to write up the value or recognise the gain. It can only recognise the gain once it actually sells the Bitcoin. This creates a huge deterrent for companies to add Bitcoin to their balance sheets. As Bitcoin is so volatile, a company can see huge write downs on their Bitcoin holdings which impacts how their earnings look. Even if it’s just on paper, it makes their financial performance appear much worse than it really is, which upsets shareholders and potential investors.

    However efforts are being made to have this changed to fair value, where companies can report on the true value on the Bitcoin they hold. Saylor argues that this could be a huge catalyst for Bitcoin.
    3. Approval of a spot Bitcoin ETF. Saylor argues that as soon as a spot Bitcoin ETF is approved, the floodgates are open for capital to flow into the space. 👮‍♀️

    The date to look out for? 16th of March, 2024 – the deadline for decision on BlackRocks Spot Bitcoin ETF.

    4. Approval or endorsement by the SEC of a regulated crypto exchange. Saylor argues that this overlooked factor could be a huge green flag to sophisticated investors. 🧑‍⚖️ Currently the SEC is waging war against crypto exchanges, with two huge lawsuits against the two largest crypto exchanges – Binance & Coinbase. If they approved or endorsed a regulated exchange, this would be a big nod of approval that would allow institutions to invest without fear of regulatory action.

    5. Any constructive guidance or regulation out of Washington DC. Even though Bitcoin and the crypto industry has made huge milestones over the past few years, the regulation surrounding crypto is still very messy and opaque. (They’re still arguing over if Ethereum is a commodity or security) 🇺🇸 Saylor argues that clear regulation in the space would be a huge milestone too.

    Boom. 5 seperate sparks from the man himself, each of which could ignite the next bull-run The best part? They’re not mutually exclusive and any or ALL of them could happen in the next 12 months. 😳

    Exciting times.

    About Michael Saylor:

    Michael J. Saylor is an American entrepreneur and business executive, who co-founded and leads MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services.

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    #Ethereum #Bitcoin #MichaelSaylor

    “Why Owning Just 0.1 Bitcoin (BTC) Will Change Your Life” | Michael Saylor Prediction

    25 Comments

    1. How does a Government "Print more Money" with Bitcoin..?? If the government spends more than it has in circulation, will this FORCE the Government to "Balance the Budget" or will the Government TAKE from Savings accounts??

    2. Keeping up with current trends and stratages can help trader's stay ahead of the curve and make informed decision, it's important for beginners in trading and investing to understand that success in these field requires technically analysis, emotional maturity, and self discipline. I must say trading offer's more benefits than holding.thanks to David Jeffrey Herman I have made over 580k with his insight's and signal. Great TA as always>

    3. Larry Fink is to pushy on people, with forcing behaviours, especially his sexual preferences on his business partners. Forcing the closuer of many large corporations, such a s Budweiser, target and more yet to come.

    4. This is a very good video and it's not a totally recycled video,despite what the trolls are saying!🤠click bate sure,but still good stuff!🤠

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    6. I'm so amazed! despite the fact that crypto is currently falling in price but yet a bit hit in my portfolio. now and seeing a total profit of $435k worth of btc today/now, big thank you once more for all the knowledge and nuggets you had thrown my way over the last months.

    7. 📌Nice video, love how you take your time to educate your viewers. You gave me the mindset to invest my savings now I have made profits over $120k Right now and still making more , I am enjoying a good life with what I made investing. Indeed ‚building a Portfolio income (investing) through a licensed investment adviser is one out of many ways to earn passive income.*

    8. I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $960,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.

    9. <>> Great video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?

    10. If it was only about BTC I could vote for a republican or a creep, Desantis or Kennedy, But it's not, so I'll vote for a sane president instead. BTC will win over all of them eventually anyway.

    11. Buying a crypto is easy, but buying the right crypto without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategies… I would greatly appreciate any suggestions.

    12. I am so fortunate that I made productive decisions about my finances that changed my life forever. I would say that more attention should be paid to day trading as it is less affected by the unpredictability of the market. I have traded 8+ BTC weekly with information and charts provided by Mr K. He was a step ahead of other analysts. The team has developed into a first-class team over the years.

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