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Eye opener for February 19, 2024. Do your own research into Bitcoin

The following is NOT advice on what to invest in, it is advice on how you should do your own research on investments.

If you've been investing over the years but ignoring Bitcoin because CNBC or some other main stream financial channel or newspaper told you to ignore Bitcoin, this is how that MSM financial advice has aged.

You should of course have done you own research so you can understand and know the risks of any investment into which you buy and this holds true for Bitcoin. Though so may now know this, it wasn't always apparent that one could buy small denominations of Bitcoin and any of the other cryptocurrencies listed on exchanges. Instead of demonizing Bitcoin as the playground for the devil and drug dealers (FYI - The U.S. Dollar is the most used medium of exchange for drug dealers and possibly the Devil as well), maybe those main stream financial news sources should have let you know that you could purchase as little as $15 worth of Bitcoin every day, week, month or year.

Just like investing in small portions of a company (stocks) you could have invested in small portions of Bitcoin. These small denominations of Bitcoin are called Satishis (named after the anonymous creator of Bitcoin) and their value increases on a one to one basis with Bitcoin. What these means for you in the real world is that, had you bought $15 dollars worth of Bitcoin in 2020, you would have over $45 dollars worth of Bitcoin today. If you had bought $15 worth of Bitcoin just last year (by September), you would currently be holding onto $30 dollars of Bitcoin. While these may not seem like a big gains, they represent a 325% and a 200% increase, respectively. For a more impressive example imagine that you had been buying $20 worth of Bitcoin every week for the past two years up to 2020. You would have bought $20 time 52 weeks times 2 years which would amount to $2,080 dollars worth of Bitcoin by the end of 2020. Of course it would be a little less (let's say $2,000 due to fees charged by the exchanges). Even with these fees (which would have been mush less than the $80 in my example), the value of your Bitcoin would be $6,500. That accounts for the 325% that Bitcoin has increased since 2020. You could have started buying even smaller amounts back in 2017, when Bitcoin was only $10,000 per Bitcoin and you would have experienced a 1000% gain on your investment. That's ten (10) times the amount you invested. If other investments like stocks and bonds and real estate been better investments, Bitcoin could have been shut down and potentially have gone to zero, but Bitcoin is not the terrible investment that those main stream financial sources claim it is and the investment products that those same sources promote aren't the great or even good investments channels like CNBC claim they are.

Ultimately, you should not take advice from me, nor anyone else as far as investments are concerned. This post is not meant to provide investing advice, it's simply to point out that you should do your own research to know what your risks are and to know what your possible rewards might. Otherwise, you will lose our on the biggest gains and lose far too much of your hard earned wealth.

In 2018, I wrote a book highlighting the problems Humanity would face if more power, wealth, and control was funneled to a small group of elite individuals, groups, or organizations. In my book, I provided solutions (from myself and others) to the inevitable problems and also a means for the Public to analyze, compare, and contrast the words and deeds of those we choose to follow against reality. In my book Solutions: Enough complaining. Let's fix America.

In "Solutions...", I provide the means for readers to disseminate information as provided by their news sources of choice, their elected officials, and any other authority they choose to follow. The book also offers a means to hold their leaders up, not just to a higher standard than is currently accepted but to one that would improve their lives and the lives of those for whom they care.

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