Each bit coin is awarded for finding a solution to a very complicated math problem, which has no association with the physical world. Nothing more.Anonymous wrote:Zero. I don't understand it so I'm sticking with index funds.
Anonymous wrote: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.
Anonymous wrote:Trying to gauge to what extent affluent older people have been getting involved in Bitcoin, ETFs or otherwise.
If possible, please indicate your age, size of your portfolio, and % allocation to Bitcoin.
Thanks!
Anonymous wrote:Anonymous wrote:We have more than $50M in investments. None in crypto. While part of me wishes I had put some money in it, I don’t invest in what I don’t understand. Crypto is the modern day tulip.
We have about 70 million in investments.
I've always been deeply opposed to crypto. Last year, crypto currency funded every kind of dangerous criminal. I would not touch crypto in a million years. Bitcoin is going to zero. If I was the government I'd close it down. People are losing money to scams and hucksters and flim-flam artists. These people who own these things should not own them. If you put your money into any of those things I do think you're an idiot.