Table of Contents

Borong Bitcoin Episode 13: Bitcoin Investment Strategy June 2024

Bitcoin investment strategies are becoming increasingly relevant in 2024. This episode dives into the influence of ETFs, political narratives, and institutional inflows on Bitcoin’s growth potential.

Bitcoin ETFs and Institutional Support

Over the last 13 months, Bitcoin has undergone major developments. The approval of Bitcoin ETFs opened the door for large institutions such as BlackRock to join the market. Data from Bloomberg highlights consistent inflows, with ETFs recording 11 consecutive days of positive growth. This shows that big players are accumulating Bitcoin at scale, while retail investors are still lagging behind.

Trump’s Crypto Narrative

Political Momentum

Donald Trump has reframed Bitcoin as more than a speculative asset. His campaign includes promises to defend self-custody rights for American citizens, allowing them to hold Bitcoin privately. If Trump secures victory, Bitcoin could enter a powerful bull cycle that impacts global markets.

The Ross Ulbricht Promise

Trump also pledged to pardon Ross Ulbricht, the creator of the Silk Road marketplace. While Silk Road became infamous for illegal trade, many in the crypto community regard Ulbricht as a pioneer who showcased Bitcoin’s potential as a free marketplace currency. Despite serving a life sentence, Ulbricht continues contributing analysis to the community from prison, further fueling his legacy.

Price Targets and Market Psychology

Critical levels for Bitcoin are set at $88,000 and $100,000. These represent psychological thresholds. Once surpassed, momentum could quickly carry Bitcoin to $110,000–$120,000. The speaker frames Bitcoin investment as an “IQ test”: early adopters who believed when prices were low are the ones who reap the greatest rewards, while skeptics often buy at higher levels.

Ethereum’s Role in the Market

Although this series focuses on Bitcoin, Ethereum’s ETF approval has added extra momentum to the entire crypto ecosystem. Bitcoin is often called “digital gold”, while Ethereum can be viewed as a “store of data”, powering decentralized applications and smart contracts.

From Retail to Institutions: The Bitcoin Strategy

• MicroStrategy and Japan’s Metaplanet adopted Bitcoin treasury strategies.
• Retail investors who started 13 months ago gained a unique opportunity to front-run institutions.
• The principle is simple: regularly convert fiat currency into Bitcoin as a hedge against long-term inflation.

“Ten years from now, fiat holders will be poorer, while Bitcoin holders will be wealthier.”

Portfolio Progress

In this episode, Timothy Ronald added another IDR 100 million to the portfolio, bringing the total investment to IDR 1.3 billion. After 13 months, profits reached almost IDR 1 billion. The transparent, month-by-month updates prove how consistent Bitcoin accumulation can outperform traditional businesses like coffee shops, which often take 4–7 years to break even, with high failure rates.

Why Choose Bitcoin Over Traditional Business?

Unlike conventional ventures that require large startup costs, operational risks, and long waiting periods, Bitcoin offers liquidity and exponential growth potential. Investors retain the flexibility to withdraw principal funds anytime while enjoying long-term appreciation.

Conclusion

Episode 13 reinforces the conviction that Bitcoin remains a superior long-term investment strategy. With ETFs driving institutional demand, political narratives shifting in its favor, and retail FOMO yet to ignite, 2024 stands as a pivotal year. The best time to accumulate Bitcoin is before it breaks the next psychological barriers of $88,000 and $100,000.

For those who joined since the first episode, the results speak for themselves. Stay disciplined, keep stacking, and be prepared for the financial future shaped by Bitcoin.

Labels:

Finance

References

• Video: Borong Bitcoin Episode 13 - June 2024
• Channel: Timothy Ronald
• Link: https://www.youtube.com/watch?v=84fyeAJrYSE