Be Thankful

There continues to be a lot of noise surrounding the price of bitcoin. More news and thoughts continue to run their course. Notably, there are what I will say “very coincidental” announcements and actions taken by JPMorgan that many people are pointing to as more reasoning for the price of bitcoin falling. These actions follow a very similar timing to the leverage bust we saw on October 10th. In short, many people are speculating that JPMorgan resurfaced the October 10th news on November 20th that Morgan Stanley Capital International, MSCI, was going to be evaluating if treasury companies, notably Strategy ($MSTR ( ▼ 3.77% ) ), could be included in different indices. On the same day, JPMorgan released the “Free Writing Prospectus” to sell its version of an IBIT note.

For a full explanation, read the timeline from the tweet below:

It’s important to be aware of what’s going on in the space, but the bigger idea is that there are many things that could be impacting the price of bitcoin, and we cannot pinpoint any one metric with complete conviction—global liquidity and OG holders selling are two additional docket points.

However, regardless of everything that has happened to the price of bitcoin over the last 2 months, you would be remiss if you did not recognize the opportunity in front of you as a retail investor. Not only as a retail investor, but also as an investor in the bitcoin atmosphere in the year 2025. We saw bitcoin go to over $125,000, and nation states, large corporations, and institutions are signaling to you time and time again that bitcoin is here to stay.

What more does it take for you to look yourself in the mirror and realize that you have an opportunity to trade less of your fiat Ponzi scheme money for more of the scarcest asset in the world?

BE THANKFUL that you have this opportunity. For everyone who started buying within the last year, right around election time, seeing the price retrace today does nothing for you other than give you a second opportunity—an opportunity at a lower price point. This is a Thanksgiving gift for you and your family. Of course, do not use leverage and do not invest emergency funds or needed daily cash—the short-term volatility of bitcoin is still immense.

But why would you be worried?

Going back to the fear and greed metric, we have bottomed out from “Extreme fear” last week and now sit in the “Fear” portion.

I am not fearful, I am excited. I could ramble on and on about human psychology because with every ebb and flow of the price of bitcoin thousands of years of human psychology continue to play out in every one of our minds. However, I will summarize it all with a simple mantra:

The ego wants a high price in the now, logic wants a low price today for a higher price in the future.

Having this time perspective with the price of bitcoin, and nearly everything in life, will help not only take away your day-to-day anxiety but also center you on the path to creating the life you want for yourself. Rome was not built in a day, and neither was the life you want. Years of toiling and using daily effort compound to set you up for success.

The same is true with bitcoin. At this point, bitcoin is a proven concept. At this point, bitcoin has been above $125,000, and it is extremely logical that it will at least return to those price points. Therefore, it is following the path of logic to realize the opportunity at hand—no leap of faith is required. The only leap of faith required with bitcoin is what long-term holders feel as bitcoin continues to reprice itself against fiat currency until one day, one day, it will be the standard of the world.

Be thankful for the opportunity at hand.

Be thankful for your family and friends and those you love.

Be thankful for the roof over your head and the freedom of speech, thought, religion, and expression.

Be thankful you live in the 21st millennium.

Be thankful you are alive at a time when your actions today can truly impact the life of you and your family in the future.

Happy Thanksgiving to all!

Stack SATs.

PS, I hope you can laugh at the meme below—one of my favorites.

The views and opinions expressed here are for entertainment purposes only and should, in no way, be interpreted as financial or investment advice. Always conduct your own research when making an investment or trading decision, as each such move involves risk. Nothing contained in this e-mail/article constitutes, or shall be construed as, an offering of financial instruments, investment advice, or recommendations of an investment strategy.