BITCOIN - GOODBYE!

My Financial Friend

Introduction to 2025

Goodbye to 2024 and hello to 2025. The speaker, Sam, wants to discuss the three biggest things that happened in 2024 and their relevance to the current market.

Big News in 2024

  1. Bitcoin ETF Approval: The spot Bitcoin ETF was approved, which was a significant event in 2024.
  2. Accumulation of Bitcoin by Treasuries: Many companies, including Micro Strategy, have been buying Bitcoin throughout the year, with over 70 publicly traded companies adding Bitcoin to their balance sheets.
  3. Trump's Election Win: Trump's win had a significant impact on Bitcoin, with promises to maintain current Bitcoin holdings and potentially introduce pro-crypto laws.

Market Performance

  • Bitcoin had a 126% year-to-date gain
  • Ethereum had a 50% year-to-date gain
  • XRP had a 250% year-to-date gain
  • Other cryptocurrencies like Solana, Dogecoin, and BMB also saw significant gains

Outlook for 2025

The speaker believes 2025 could be the biggest year for crypto ever, with potential for more institutions to invest in Bitcoin and other cryptocurrencies. However, they also warn of potential volatility and encourage viewers to have a plan in place for trading and managing their investments.

Trading and Investments

The speaker mentions CoinW, a platform that offers leveraged trading and a professional trading group, and encourages viewers to check it out if they're interested in trading or trying a new platform. However, they also caution that leveraged trading comes with significant risk and viewers should be aware of what they're doing.