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ETH closing in on 4k!! š
Didn't know you had ETH. Are you 50/50 BTC/ETH?
ETH closing in on 4k!! š
Wow. Did they beat earnings expectations?
Oh no, not even closeā¦ Iām about 85/15 BTC/ETH.Didn't know you had ETH. Are you 50/50 BTC/ETH?
And a BlackRock spot ETH-ETF is potentially coming later this year šNo earnings LoL but ETH is deflationary now.
Andā¦ itās gone. A lot of sell orders at 70k I guess?BTC just broke 70k
And ETH just broke 4k
BOOM!!!!!!
Andā¦ itās gone. A lot of sell orders at 70k I guess?
I would hate to be short BTC right nowā¦
How dumb will we feel selling something for 200 now when it more than likely will go for multiples of this in a few years?
Adoption isnāt even possible. The transactions are too slow. If you use other coins for transactions, then the supply becomes unlimited and the (imaginary) value goes down to nothing.I hear you. But at this point if it gets into the 6 figs it will conservatively double every 4 years with etfs and adoption. I fear less and less this is going to somehow go away now that the blackrocks, fidelities are in and have multiple more funds planned. This may be the most secure btc has ever been.
Now don't get me wrong if selling will change your lifestyle i get that. But selling to invest it somewhere else for example index funds not sure. I also get the vegas approach where you sell at least your cost basis plus little extra and let the rest ride.
Adoption isnāt even possible. The transactions are too slow. If you use other coins for transactions, then the supply becomes unlimited and the (imaginary) value goes down to nothing.
VOO, VIIIXsure that's all fair. But I see a 50% upside in the next 12 months here. What do you invest in VTI, bonds, gold? Those are all great if you already have significant investable assets and are mid career plus into your journey where a 4-5% yearly return outpaces your spending for the year.
The real question is if we hit 200's this cycle that means probably 400's in 2028 and then close to 1m in 2032.
How dumb will we feel selling something for 200 now when it more than likely will go for multiples of this in a few years?
VOO, VIIIX
DODGX
MGK
FZROX
VTI
VB, DFFVX
VT
I also own AMZN, NVDA, BRK-B, MSFT. Theyāve done very well, but I plan to sell and buy more etfs. My individual stock purchases have done better than I could have hoped, but Iāll own plenty of these in my other funds so no need to be over invested in a few companies. You could argue that MGK isnāt diversified enough, but itās better than individual stock picking.
Itās funny the 100% equities proponent doesnāt want to be too risky with individual stocks š.
Anyway, Iām just answering the question even though itās getting off topic. You can go back to celebrating the soaring crypto. I just hope thereās profit left to take when you all decide to sell.
Yeah. Late 40s.Thanks. Are you mid career or less doc or a 20 year+ vet in the field? It's helpful to know as it helps frame your investment experience and its applicability to others.
VOO, VIIIX
DODGX
MGK
FZROX
VTI
VB, DFFVX
VT
I also own AMZN, NVDA, BRK-B, MSFT. Theyāve done very well, but I plan to sell and buy more etfs. My individual stock purchases have done better than I could have hoped, but Iāll own plenty of these in my other funds so no need to be over invested in a few companies. You could argue that MGK isnāt diversified enough, but itās better than individual stock picking.
Itās funny the 100% equities proponent doesnāt want to be too risky with individual stocks š.
Anyway, Iām just answering the question even though itās getting off topic. You can go back to celebrating the soaring crypto. I just hope thereās profit left to take when you all decide to sell.
Not really. VTI is only 6% small cap and 0% international. Owning multiple funds lets me control my % investment in different areas more than just going with VTI.Wouldn't 100% VTI be pretty much the same as owning all of those?
Still early!!BTC bounced from 68k to 72k overnight, so random.
Anyone taking profits yet or are we still early?
Apparently Saylor bought 12,000 more BTC at $68.4BTC bounced from 68k to 72k overnight, so random.
Anyone taking profits yet or are we still early?
Apparently Saylor bought 12,000 more BTC at $68.4
Institutional race to get exposure. Hope people see whatās going on. Itās not just $MSTR and the ETFās. Movements at this price require a lot of capital. My guess is international Sovereign wealth funds. Iām still accumulating BTC and moving to cold storage and trading some alts for more $BTC and $USD.
qatar investing and london exchanges getting the green light on btc etfs. Compound all this with FOMO. constant cnbc rant on btc. i dont even want to think when it gets close to 6 figs toward the end of this year possibly.
fixedItās a scam going to five 0's with a leading 1.
Weāre on the cusp of a parabolic rise.
Define ācycleā and its rationale or underlying cause.I never imagined a 6 fig btc in 2024. I'm not holding my breath that it happens by halving +3 months I think that's too much hopium. I'm pleasantly surprised this is happening.i feel weird being sub 40 and now pondering if part time maybe in the cards at the end of this cycle.
Bitcoin has run in 4-year cycles since its inception without exception. The main catalyst is the halving of the block reward.Define ācycleā and its rationale or underlying cause.
Define ācycleā and its rationale or underlying cause.
Check this outā¦Define ācycleā and its rationale or underlying cause.
Your picture goes perfectly with that statement, and this whole thread for that matter.Update: I crossed another milestone today - crypto investments are currently $150k in the green.
Thanksā¦ I think?Your picture goes perfectly with that statement, and this whole thread for that matter.
Itās hard to price something that isnāt a company, isnāt a currency, isnāt a commodity, holds no patents, makes no profits, has no management, could be replaced by a superior alternative for free, etc, so thereās no price at which Iād buy crypto.at what price do you think you will buy some?
Itās hard to price something that isnāt a company, isnāt a currency, isnāt a commodity, holds no patents, makes no profits, has no management, could be replaced by a superior alternative for free, etc, so thereās no price at which Iād buy crypto.
No. Iād recommend selling but itāll probably keep going up like GameStop but without even the failing company to justify any valuation.Are you waiting for it to crash to tell us "I told you so"? Probably 12-18 months until that happens.
Why would you recommend selling something that you admit you think will āprobably keep going upā?No. Iād recommend selling but itāll probably keep going up like GameStop but without even the failing company to justify any valuation.
Iām would recommend selling because itās a scam. Itās all hype and no substance.Why would you recommend selling something that you admit you think will āprobably keep going upā?
Sounds like bad advice to me?
Is it only for people drinking the koolaid? I didnāt know.But yet you still come to this thread. lol