If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why do half the posters here have 30M+


Because they don't. It's all bullshit.


More than 30 million is the top .06%. Highly unlikely people in this thread actually have this much, let alone 100 million.


In this area it's called living paycheck to paycheck.
Anonymous
Anonymous wrote:It's really the dollar that is a confiscatory tax on idiocy. Real assets are the solution to the dollar's perpetual devaluation. You may not agree, but the people who make the rules consider Bitcoin to be digital gold. Probably a good idea to get some while the market cap is still 10% of gold. In 10 years all the major central banks will have swapped some gold for Bitcoin.


I have observed that they are often big wrong. So I will not be doing this.
Anonymous
Anyone who owns crypto wants other people to buy crypto because it's a giant ponzi scheme that depends on more people buying into it in order for it to go up. I don't trust anyone suggesting purchasing crypto.
Anonymous
Anonymous wrote:People and investment advisors who hold and recommend a significant allocation to Bitcoin:

• Paul Tudor Jones
• Morgan Stanley
• Goldman Sachs
• J.P. Morgan
• Blackrock
• Jim Chanos
• Larry Fink
• Bernstein


May also bought CDOs…
Anonymous
No. It’s for criminals.
Anonymous
The details of my age and portfolio to not really matter.

My DH is a risk taker and handles our finances. He purchased 9 bitcoin back when it was around $3,500/each. He then does some sort of direct deposit and buys a set amount every 2 weeks on payday. That amount is hardly missed, so it is of no real risk to our core investments that remain in the stock market. In my head the crypto is just insurance if the world goes full World War Z on us.
Anonymous
no.
Anonymous
Anonymous wrote:The details of my age and portfolio to not really matter.

My DH is a risk taker and handles our finances. He purchased 9 bitcoin back when it was around $3,500/each. He then does some sort of direct deposit and buys a set amount every 2 weeks on payday. That amount is hardly missed, so it is of no real risk to our core investments that remain in the stock market. In my head the crypto is just insurance if the world goes full World War Z on us.


I hear others say this, but if the world really goes tits up, is it such a good idea to have assets that are solely dependant on computer technology? It sounds like you are extremely rich, so perhaps it isn't an issue to you, but for someone with average equity like myself, it seems like it isn't really a great hedge. Gold bars and real estate seem more useful as hedge for average people.
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