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In news today, Bitcoin met analyst estimates for revenue ($0/coin), profit ($0/coin), and bucked the quarter over quarter dilution from another batch of newly minted invisible coins. Consensus analyst forecasts next quarter to remain on track for $0 revenue and $0 per coin on $0 tangible assets. Bitcoin dropped to $61,521 overnight while recovering to $62,378 as eager investors stepped in to take advantage of the temporary weakness.
In other news, Labubu prices have taken a big hit as investors rotated into Dunkin Birkin tote bags… |
| yea it's not doing well but that's ok. buy and hold |
| Everyone we know who is wealthy via Bitcoin bought before it hit $100 / coin (some got in way earlier). They’re not sweating a drop to $60K hah. |
| It’s the only crypto I’ll ever touch. But I have quite a bit of it. Loving this dip. So glad I decided to buy 10 during that Covid crash in 2020. I have been DCA’ing weekly ever since 2020. |
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Any recommendations for buying and dollar cost averaging inside a Roth IRA? I have used coinbase before but hated dealing with taxes so looking for something easier to manage and automate. Looking for low fees.
I told myself to get back in at $60k since that would be bottom of the cycle after the latest peak. |
| I’m still holding and buying. 5% of my portfolio rest in VTI/VXUS |
| I prefer Dogcoin. |
Then why can’t you spell it? |
IBIT |
| Remember, if the business goes south it can its component parts will still have underlying value and can be sold off. |