percent of portfolio in bitcoin?

[Anonymous]

XRP will be $7 by end of year.

[Anonymous]

5% and increasing.

[Anonymous]

Anonymous wrote:

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.

No, it's not. And by the way, gold has had plenty of periods where it traded in a bear market for decades. It's perhaps a tail risk hedge with some intrinsic value but nothing more. The nice thing about companies that cash flow is their value proves out over time. Bitcoin and these manufactured asset don't. That's why you crypto evangelists need to convince us you're right. I don't need to do the same with various companies or traditional investments.

[Anonymous]

Anonymous wrote: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.

Let me know if you intend to run for public office as I would like to assist your campaign as you appear to understand that crypto is little more than an elaborate Ponzi scheme gone wild.

[Anonymous]

Anonymous wrote:

Anonymous wrote: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.

Let me know if you intend to run for public office as I would like to assist your campaign as you appear to understand that crypto is little more than an elaborate Ponzi scheme gone wild.

No, it's worse than that. It's a tool for dictators, criminals, and black market participants to trade with financial neophytes like you. Congrats. But you do you, guy. I'll stick to my boring traditional equity investments in American companies following on the principles of Charlie Munger and Warren Buffet. The thing is, I don't get emotional about my investments like you do. I also don't make it my personality. I also don't need to convince others that I'm right.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

Let me know if you intend to run for public office as I would like to assist your campaign as you appear to understand that crypto is little more than an elaborate Ponzi scheme gone wild.

No, it's worse than that. It's a tool for dictators, criminals, and black market participants to trade with financial neophytes like you. Congrats. But you do you, guy. I'll stick to my boring traditional equity investments in American companies following on the principles of Charlie Munger and Warren Buffet. The thing is, I don't get emotional about my investments like you do. I also don't make it my personality. I also don't need to convince others that I'm right.

If you don’t need to convince others you are right, why do you keep responding to reiterate your opinion? Could it be you may in fact be right, or wrong, or a mix of both, but we don’t have the data yet because it’s so nascent?

[Anonymous]

Who is getting emotional? I'm the 25% guy from above. Berkshire is one of my largest positions as well. My investment philosophy is pragmatic. Buy what works. Bitcoin is an incredibly effective inflation hedge because it is finite and decentralized. It isn't possible yo just "print" more thus decreasing the value of the existing currency. Even good companies can issue more shares, diluting present owners. Bitcoin can't. Sure there are bubbles, as in any market, and perhaps one is forming now. But I am more confident that Bitcoin will be much higher in 5 years than I am with any other position, thus the oversized allocation. It's not emotional, just common sense.

[Anonymous]

Bitcoin is for criminals.

[Anonymous]

Anonymous wrote:Bitcoin is for criminals.

LOL

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

Let me know if you intend to run for public office as I would like to assist your campaign as you appear to understand that crypto is little more than an elaborate Ponzi scheme gone wild.

No, it's worse than that. It's a tool for dictators, criminals, and black market participants to trade with financial neophytes like you. Congrats. But you do you, guy. I'll stick to my boring traditional equity investments in American companies following on the principles of Charlie Munger and Warren Buffet. The thing is, I don't get emotional about my investments like you do. I also don't make it my personality. I also don't need to convince others that I'm right.

If you don’t need to convince others you are right, why do you keep responding to reiterate your opinion? Could it be you may in fact be right, or wrong, or a mix of both, but we don’t have the data yet because it’s so nascent?

https://fortune.com/2025/01/22/warren-buffett-berkshire-hathaway-changes-stance-on-crypto/

“I get into enough trouble with things I think I know something about,” Buffett said in the 2018 CNBC interview. “Why in the world should I take a long or short position in something I don’t know anything about.”

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

Let me know if you intend to run for public office as I would like to assist your campaign as you appear to understand that crypto is little more than an elaborate Ponzi scheme gone wild.

No, it's worse than that. It's a tool for dictators, criminals, and black market participants to trade with financial neophytes like you. Congrats. But you do you, guy. I'll stick to my boring traditional equity investments in American companies following on the principles of Charlie Munger and Warren Buffet. The thing is, I don't get emotional about my investments like you do. I also don't make it my personality. I also don't need to convince others that I'm right.

If you don’t need to convince others you are right, why do you keep responding to reiterate your opinion? Could it be you may in fact be right, or wrong, or a mix of both, but we don’t have the data yet because it’s so nascent?

https://fortune.com/2025/01/22/warren-buffett-berkshire-hathaway-changes-stance-on-crypto/

“I get into enough trouble with things I think I know something about,” Buffett said in the 2018 CNBC interview. “Why in the world should I take a long or short position in something I don’t know anything about.”

Boomers gonna boomer

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

Let me know if you intend to run for public office as I would like to assist your campaign as you appear to understand that crypto is little more than an elaborate Ponzi scheme gone wild.

No, it's worse than that. It's a tool for dictators, criminals, and black market participants to trade with financial neophytes like you. Congrats. But you do you, guy. I'll stick to my boring traditional equity investments in American companies following on the principles of Charlie Munger and Warren Buffet. The thing is, I don't get emotional about my investments like you do. I also don't make it my personality. I also don't need to convince others that I'm right.

If you don’t need to convince others you are right, why do you keep responding to reiterate your opinion? Could it be you may in fact be right, or wrong, or a mix of both, but we don’t have the data yet because it’s so nascent?

https://fortune.com/2025/01/22/warren-buffett-berkshire-hathaway-changes-stance-on-crypto/

“I get into enough trouble with things I think I know something about,” Buffett said in the 2018 CNBC interview. “Why in the world should I take a long or short position in something I don’t know anything about.”

He's a dummy. I watched a YouTube video on Bitcoin so I am an expert.

[Anonymous]

Anonymous wrote:Who is getting emotional? I'm the 25% guy from above. Berkshire is one of my largest positions as well. My investment philosophy is pragmatic. Buy what works. Bitcoin is an incredibly effective inflation hedge because it is finite and decentralized. It isn't possible yo just "print" more thus decreasing the value of the existing currency. Even good companies can issue more shares, diluting present owners. Bitcoin can't. Sure there are bubbles, as in any market, and perhaps one is forming now. But I am more confident that Bitcoin will be much higher in 5 years than I am with any other position, thus the oversized allocation. It's not emotional, just common sense.

Cool your % share of nothing but hot air can't ever be deflated. I'm so proud of you.

[Anonymous]

I have about $250 in BTC that I got for free plus some growth on coinbase for signing up for something. Not willing to invest in it unless everything else is fully funded. I have more faith in a roulette wheel than I do the future of BTC.

[Cryptwhale]

Anonymous wrote:I have about $80K in BTC + ETC. It is all from gains on my original crypto investments, no new money.
at one point I made and lost $300K.

Though instead of that why didn't you go staking? Under this current market a good apy could earn you some risk free income.