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Reply to "percent of portfolio in bitcoin?"
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[quote=Anonymous][quote=Anonymous]Curious how many people in this thread are aware of the US strategic bitcoin reserve and implications of that[/quote] I wonder what you think the implications are. For me it's just blatant evidence of a Trump pump-and-dump scheme, there's no real reason for it or benefit to it (well, except to potentially weaken the dollar which is great news for "billionaires" with millions upon millions in debt). Bitcoin was supposed to function as a global currency untethered from any other currency, nation, or politics and it has become a political darling/plaything of the right. Anyone who truly believed in the idea of Bitcoin should be really troubled by how tethered to the stock market it has become become since 2020. To answer OP's question we have a "slot machine" amount invested - like the upthread PP said it's speculative so it can be exciting/fun to have some skin in the game and follow the news about it, but it's not wise to go all-in on tulip bulbs.[/quote]
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