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

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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Haven't read the whole thread, but I'm mid-40s, around $5M, and have around $30k in BTC.

I made an angel investment in a crypto brokerage a few years ago and started regularly buying BTC to better understand the brokerage and how the market works. I still buy a little each week.

I'm not a 'believer' in crypto. To me it's just an asset like any other and if more people want to buy it than sell it, it will go up. I'll keep a little but not move large amounts of money into it. My sense is that it will keep going up given that supply is limited.[/quote]

I will add that I just bought a cold storage wallet and am trying to figure out how to move BTC off of an exchange. It is definitely complicated and seems very hackable, even though it is supposed to be safe. It doesn't generate a lot of confidence and in my opinion for this asset to see continued adoption there needs to be better control and management of it by large financial institutions (which i get is what Crypto is trying to bypass). [/quote]

This is why I just buy IBIT[/quote]

Way to miss the point. With IBIT you own an IOU. [/quote]

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