percent of portfolio in bitcoin?

[Anonymous]

This thread is hilarious. I just bought more IBIT. Have fun sitting in the cuck chair watching us BTC doms rail your precious index fund gains from behind. Yeeee haw!!!

[Anonymous]

Anonymous wrote:This thread is hilarious. I just bought more IBIT. Have fun sitting in the cuck chair watching us BTC doms rail your precious index fund gains from behind. Yeeee haw!!!

You realize that IBIT doesn't actually hold Bitcoin, right? Or, you think you're a "BTC dom" without owning any bitcoin? Keep the evidence of crypto bro idiocy coming!

[Anonymous]

Anonymous wrote:This thread is hilarious. I just bought more IBIT. Have fun sitting in the cuck chair watching us BTC doms rail your precious index fund gains from behind. Yeeee haw!!!

Have fun losing it all to Trump and Theil.

You are an idiot

Learn to read what’s hidden in House bills

[Anonymous]

Very little in BTC. Bought $12K at 40K in Jan 2024.

Overall in crypto I invested $50K in ETH, $12K in BTC and $20K in SOL (just yesterday). Current total holdings at $113K.

Only the $20K I put in yesterday actually came from my hard assets and the rest of the money invested came from prior crypto realized gains ($50K realized gains total since 2018, only bc I sold during the 2022 crash, or would have been $300K).

The first time around when it started to show gains I removed the cost basis back to my account and let the gains ride.

I think the use case for ETH and SOL which are platforms for DeFi, is better than that for BTC which has no real use and is just an imaginary commodity.

[Anonymous]

Oh, and to answer your question it's 2.5% of my net worth outside of primary residence.

[Anonymous]

Anonymous wrote:

Anonymous wrote:This thread is hilarious. I just bought more IBIT. Have fun sitting in the cuck chair watching us BTC doms rail your precious index fund gains from behind. Yeeee haw!!!

You realize that IBIT doesn't actually hold Bitcoin, right? Or, you think you're a "BTC dom" without owning any bitcoin? Keep the evidence of crypto bro idiocy coming!

I own it, too, you Luddite.

Anyway, the Digital Asset Market CLARITY Act is about to pass which will further advance Bitcoin, so you can suck on deez.

[Anonymous]

Anonymous wrote:

Anonymous wrote:This thread is hilarious. I just bought more IBIT. Have fun sitting in the cuck chair watching us BTC doms rail your precious index fund gains from behind. Yeeee haw!!!

Have fun losing it all to Trump and Theil.

You are an idiot

Learn to read what’s hidden in House bills

In what way will that happen?

[Anonymous]

Anonymous wrote:Only 5%. Wish I had more. Thinking about selling a big chunk of stock and buying more. As someone said previously, younger generations believe in crypto.

False.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Only 5%. Wish I had more. Thinking about selling a big chunk of stock and buying more. As someone said previously, younger generations believe in crypto.

False.

Wrong.

Young investors love crypto.

Does your cuckry know any bounds, sir?

[Anonymous]

Anonymous wrote:Bitcoin is the revenue of international digital crime minus the very high financial services fees charged by the network. As long as corrupt and incompetent governments allow unchecked international crime, Bitcoin will be profitable.


Best you can do is shun cryptoheads from poltie society, which shouldn't be hard because they are usually the worst people you know.

Funny how liberals came to hate crypto. It started as a response to the great financial crisis which showed how untrustworthy government and the banking system was at safeguarding our economic wellbeing, it was supposed to simply be a decentralized monetary system that restored power to the people. But as the left becomes more authoritarian it naturally dislikes things like this.

[Anonymous]

The late Charlie Munger said it best, “It’s like somebody else is trading turds and you decide, “I can’t be left out.”

I’d rather invest in real businesses that contribute to society than a market tailor made for fraud, money laundering and illicit exchanges. It’s also highly correlated to the performance of the tech firms w hi inch are clearly overvalued. And if we truly experience an economic calamity, a digital currency isn’t going to save you. I’d rather buy prime farmland and a shotgun in that case.

[Anonymous]

This thread is amazing. The amount of fear and ignorance is just wild. Bitcoin is no longer all that volatile, certainly compared to the early days. It has been accepted by Wall Street - it's one of BlackRock's largest investments. The conservative Charles Schwab brokerage is going to allow trading in spot Bitcoin. Ignore all the Trump BS - he really doesn't have much to do with Bitcoin and clearly doesn't understand it based on his public comments. He just wanted to fundraise from the libertarian tech bros. Polls show ownership is pretty even across the political spectrum, even tilting left. The whole point of it is a hedge against the built-in inflationary trajectory of government-issued currencies. It plays the same role gold has for 1000s of years. People still repeating tired talking points about money laundering and tulips and ponzis simply don't know what they are talking about. Do some actual research - read Lyn Alden for example, or The Bitcoin Standard. Btw, I have a 25% allocation in a $6m portfolio and constantly wish I had more!

[Anonymous]

Are you good at trading currencies? Because that’s what this is. Nothing more. And it’s definitely a bubble. MSTR and stupid leveraged firms like that are going to find out the hard way that assets without actual cash flows are problematic when the trade reverses. I’ll continue to invest in real companies. Too many crypto bros have yet to experience a prolonged bear market and I’ll be laughing when they do. This is just another symptom of our grift and gamble economy. By the way, maybe don’t make investments your personality and sense of self worth. It’s not a good look.

[Anonymous]

The whole point of it is a hedge against the built-in inflationary trajectory of government-issued currencies. It plays the same role gold has for 1000s of years. People still repeating tired talking points about money laundering and tulips and ponzis simply don't know what they are talking about.

People who repeat tired talking points about Bitcoin as an inflation hedge don't know what they are talking about. It doesn't have a history of working this way.

Gold (overpriced as it is) has some intrinsic value. Bitcoin does not. You need to explain to those of us who "don't know what we are talking about" why anyone would want to own Bitcoins. You make fun of us as being Luddites, but you haven't explained why we are wrong.

[Anonymous]

Anonymous wrote:This thread is amazing. The amount of fear and ignorance is just wild. Bitcoin is no longer all that volatile, certainly compared to the early days. It has been accepted by Wall Street - it's one of BlackRock's largest investments. The conservative Charles Schwab brokerage is going to allow trading in spot Bitcoin. Ignore all the Trump BS - he really doesn't have much to do with Bitcoin and clearly doesn't understand it based on his public comments. He just wanted to fundraise from the libertarian tech bros. Polls show ownership is pretty even across the political spectrum, even tilting left. The whole point of it is a hedge against the built-in inflationary trajectory of government-issued currencies. It plays the same role gold has for 1000s of years. People still repeating tired talking points about money laundering and tulips and ponzis simply don't know what they are talking about. Do some actual research - read Lyn Alden for example, or The Bitcoin Standard. Btw, I have a 25% allocation in a $6m portfolio and constantly wish I had more!

This is spot on.