Anonymous
12/09/2024 12:11
Subject: If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?
Late 50s, $3mil. A small part of this is COIN and MSTR which give indirect exposure to crypto.
Currently up about 8x and have $100k total in crypto long in BTC, ADA, ETH, LTC and DOT.
I voted Harris and I think Trump is horrible for the US overall but is undeniably good for crypto so I'll take what I can get.
Not investing advice but I believe that crypto overall will peak in 2025 and likely pull back some in 2026/27 so my plan is to take profits and get back in on the dip.
Personally, I think buying in now seems like too much of a FOMO driven buy and thus not a good idea. Wait until there's blood on the floor and get in on a discount.
Anonymous
12/09/2024 12:01
Subject: If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?
Late 40s. Just over $1mil invested. No crypto.
No interest in it. I'm not wealthy enough to invest in something that volatile.
And let's be real. Those making the most noise about crypto aren't the people who share my philosophy or lifestyle.
No interest in it. I'm not wealthy enough to invest in something that volatile.
And let's be real. Those making the most noise about crypto aren't the people who share my philosophy or lifestyle.
Anonymous
12/09/2024 11:58
Subject: If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?
In my 40s, and no bitcoin. I'm prohibited from investing in it. I'm only allowed to hold index funds in a blind trust.
Sometimes I feel like I'm missing out on the greatest investment instrument of the 21st century but mostly I'm relieved. It seems pretty stressful to invest in Bitcoin, and I don't have time to watch the markets like that
Sometimes I feel like I'm missing out on the greatest investment instrument of the 21st century but mostly I'm relieved. It seems pretty stressful to invest in Bitcoin, and I don't have time to watch the markets like that
Anonymous
12/09/2024 11:53
Subject: If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?
I’m over 50. I have no interest in buying it directly. First of all it is the Wild West with fraud and poor regulation. Second it has no intrinsic worth. It is only useful to sell to the next speculator.
After it jumps the people who talk about wanting to buy are showing their financial ignorance.
After it jumps the people who talk about wanting to buy are showing their financial ignorance.
Anonymous
12/09/2024 11:50
Subject: If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:If I wanted to play Crypto I would buy MSTR or buy an ETF. No real reason to own the actual Crypto these days if you still want to play the market swings but don't want to deal with having a crypto wallet and what not.
What happen when MSTR screws up and loses their wallets?
You probably want to study up on BIP39 and multisig wallets so as to not sound so much like bumpkin here.
Right. Saying the tech buzzwords protects the grifters from mistakes in handling their magic Internet money.
Anonymous
12/09/2024 11:49
Subject: If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?
Anonymous wrote:Age 42
$1.8mil
I won some Bitcoin in a contest or charity thing a few years ago. I don't know how much I have exactly, but the app tells me it is currently worth $583.42, so I can't imagine the amount I have is very much. I have no interest in buying more or doing anything with this bit I have.
That sounds like a scam.
Anonymous
12/09/2024 11:48
Subject: If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?
Anonymous wrote:Anonymous wrote:Anonymous wrote:If I wanted to play Crypto I would buy MSTR or buy an ETF. No real reason to own the actual Crypto these days if you still want to play the market swings but don't want to deal with having a crypto wallet and what not.
What happen when MSTR screws up and loses their wallets?
You probably want to study up on BIP39 and multisig wallets so as to not sound so much like bumpkin here.
Right. Saying the tech buzzwords protects the grifters from mistakes in handling their magic Internet money.
Anonymous
12/09/2024 11:48
Subject: If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?
In our 50s. $9M total NW, $8M invested. None in crypto.
Anonymous
12/09/2024 11:47
Subject: If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?
MSTR buys BTC on margin loans so it's extremely volatile.
Anonymous
12/09/2024 11:46
Subject: If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?
Anonymous wrote:Anonymous wrote:If I wanted to play Crypto I would buy MSTR or buy an ETF. No real reason to own the actual Crypto these days if you still want to play the market swings but don't want to deal with having a crypto wallet and what not.
What happen when MSTR screws up and loses their wallets?
You probably want to study up on BIP39 and multisig wallets so as to not sound so much like bumpkin here.
Anonymous
12/09/2024 11:43
Subject: If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?
Age 42
$1.8mil
I won some Bitcoin in a contest or charity thing a few years ago. I don't know how much I have exactly, but the app tells me it is currently worth $583.42, so I can't imagine the amount I have is very much. I have no interest in buying more or doing anything with this bit I have.
$1.8mil
I won some Bitcoin in a contest or charity thing a few years ago. I don't know how much I have exactly, but the app tells me it is currently worth $583.42, so I can't imagine the amount I have is very much. I have no interest in buying more or doing anything with this bit I have.
Anonymous
12/09/2024 11:42
Subject: If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?
Anonymous wrote:If I wanted to play Crypto I would buy MSTR or buy an ETF. No real reason to own the actual Crypto these days if you still want to play the market swings but don't want to deal with having a crypto wallet and what not.
What happen when MSTR screws up and loses their wallets?
Anonymous
12/09/2024 11:41
Subject: If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?
Anonymous
12/09/2024 11:41
Subject: If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?
Anonymous wrote:Anonymous wrote:Do any of the large generic mutual funds long Vanguard's have Bitcoin / adjacent securities mixed in?
Index funds would automatically own MSTR and such.
Ewww, gross.
Anonymous
12/09/2024 11:40
Subject: If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?
It's little strange to have a portfolio where a chunk of it is the financial equivalent of a fantasy football team.