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

Forum Index » Money and Finances

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

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]
Interesting meta fact: BTC is up 7% in the 7 days that this thread has existed.

(~$98,700 to ~$106000)[/quote]

OP here. Good observation. I bought more today. Like many people on this board, I used to be very skeptical. I’m still cautious- I take calculated risks but also play it safe and very diversified. So I’ve been struggling with how much to own. I think it’s totally plausible that it becomes a 20 trillion asset class in time and I simply don’t want to miss out. [/quote]

If it becomes a 20 trillion asset what do you think USD buying power will be then? I doubt anyone posting here is sitting in cash, investment of any kind whether it's stock, fund, or RE will also go up in that case, [b]unless you think BTC is so special[/b].  Apparently it trends with the S&P 500 and goes up and down with it.  It doesn't behave like gold or currency, it behaves like a stock[/quote]

I'm not sure what you mean be "special" but BTC is unique and it is up 150% over the past year.

[/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