Wierd take. I can't imagine sitting around anticipating the demise of other peoples investments. Wouldn't it be strange if I hoped for your portfolios demise?
In any event, enjoy your fiat and limitless trust in government. More Bitcoin for me.
Cryptocurrency
- Thread starter Playboi Carti
- Start date
Wierd take. I can't imagine sitting around anticipating the demise of other peoples investments. Wouldn't it be strange if I hoped for your portfolios demise?
In any event, enjoy your fiat and limitless trust in government. More Bitcoin for me.
Thanks for the informative response.
Because the investment is stupid. It is just a massive waste of energy and video cards for no value at all. Sorry if people get suckered in, but that is what scams always do.
Brian it’s not too late. You can join us. Buying opportunity right now.
Bitcoin is the "safest" crypto. Probably the closest comp to buying an ETF in the crypto space.
Ethereum is the clear #2. Most developed smart contract platform with the biggest network. Probably equivalent to buying a large cap stock.
Then there are a handful of altcoins that are solid projects (many with technical superiority to BTC and ETH) but don't have the adoption yet and aren't as much of a sure thing. Cardano, Solana, Polkadot, Algorand, Avalanche, Chainlink, Polygon, Cosmos come to mind. They would be the equivalent of growth stocks.
And then of course you have the meme coins... Dogecoin, Shiba Inu, and the like. Those are the penny stocks of crypto.
If you want to dip your toes into the space, it's not a bad idea to start with Bitcoin and then branch out as you research more.
No swing. I have a btc stack I don't touch and hdol. The other part I macro trade. So, I make weekly buys when we are below the 20 week simple moving average. Then I ladder out if we get pretty extended from the moving average.
Do people really think that the projection by 2030 at 5 million a share for Bitcoin per Forbes forecast is realistic?
I've been wondering what would happen once no more Bitcoins can be mined; what will happen to the demand side once there is no more supply to be created?
It worries me but if the projection holds it's a no brainer. I'm still kicking myself for not investing my tuition money in Google back in early 2000's.
Last edited:
The good news is it will be obvious in hindsight.
Lol indeed. Then we can all come here and cry.
That seems like a reach to me in that time period. Although I believe it will hit 1 million by then, easily. All it has to do is flip gold.