Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Allocating to crypto "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]Many replies in this thread are ignorant. Major asset managers like Paul Tudor Jones and Ray Dalio have publicly said that they hold a small amount of crypto (with Jones saying in May 2020 he had put 1-2% of his portfolio into crypto). The market cap of gold is almost $13 trillion. The market cap of bitcoin is $730 billion. Bitcoin should continue to cannibalize the market cap of gold as boomers get older and pass their wealth on to computer literate generations who prefer a fixed supply cryptographic currency secured by the most powerful computer network in the world, not a shiny yellow hunk of metal.[/quote] I remember in the 2000’s when people would talk about nothing but investing in gold and mining companies. Stocks outperformed eventually but it took 10 years of doldrums before stocks took off.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
