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This Is Why Accumulating Crypto NOW Makes More Sense Than Ever Before!

Blackrock’s recent announcement about offering a spot Bitcoin trust is a piece of news you can’t afford to ignore. Here’s why.

Scott Debevic
7 min readAug 13, 2022
Photo by Tom Grünbauer on Unsplash

Sometimes, I wish I had a time machine where I could go back to my younger self and tell myself what stocks to be buying. I remember ten years ago; I watched Tesla stock pretty closely. At the time, it was trading between $20-$30 per share. Accounting for splits, this equates to $4-$6 in today’s valuation. As I write this, the closing price is $900/share. So even if I bought it for $30/share ($6/share post splits), I’d be up 150X on my investment if I held it until today.

This article will discuss why you can’t ignore this colossal announcement and can avoid potentially making the same mistake I made with Tesla stock. If this theory is correct, the price of Bitcoin and crypto can rise by several magnitudes.

How and why I missed out on Tesla

I opted not to buy Tesla, and soon after, the price went up 10X to a split-adjusted $40–50 per share. When trading for this higher valuation, I still opted not to buy any Tesla. I figured I missed the pop and had little money left to make. After all, Tesla didn’t sell nearly as many cars as Ford, GM, or…

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Scott Debevic
Scott Debevic

Written by Scott Debevic

My goal is growing wealth and earning passive income. Mainly focused on Bitcoin and crypto. Feel free to contact me at: scottdebevic@gmail.com

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