There's no precedent in history.
Aka really high risk and not something to hang your hat on. I mean if you feel you're getting some divine revelation on it then go all in, otherwise what you've described sounds risky.
At this point BTC has become too big to fail imo
Unprecedented but you are confident it's become too big to fail. Maybe it doesn't go to zero, but there is no clear mechanism for a floor. Commodities for example, have the floor of the cost needed to produce it. The price will rarely dip below that.
Gold is cool for stacking and playing around with, but we're not going back to pirate days and it's not making anyone rich except the bankers.
Gold is locked in purchasing power of real money. It isn't designed to go to the moon but it maintains the wealth that government is stealing from us otherwise. Outperforming the S&P is no small feat (* depends on the time window we chose or course, but still impressive). It indicates a lot was being stolen from us.
Nothing wrong with taking some profits when it hits highs, (especially when retail investors are coming in) but long term, there should always be some allocation imho.
There's no precedent in history.
Aka really high risk and not something to hang your hat on. I mean if you feel you're getting some divine revelation on it then go all in, otherwise what you've described sounds risky.
At this point BTC has become too big to fail imo
Unprecedented but you are confident it's become too big to fail. Maybe it doesn't go to zero, but there is no clear mechanism for a floor. Commodities for example, have the floor of the cost needed to produce it. The price will rarely dip below that.
Gold is cool for stacking and playing around with, but we're not going back to pirate days and it's not making anyone rich except the bankers.
Gold is locked in purchasing power of real money. It isn't designed to go to the moon but it maintains the wealth that government is stealing from us otherwise. Outperforming the S&P is no small feat (* depends on the time window we chose or course, but still impressive). It indicates a lot was being stolen from us.
There's no precedent in history.
Aka really high risk and not something to hang your hat on. I mean if you feel you're getting some divine revelation on it then go all in, otherwise what you've described sounds risky.
At this point BTC has become too big to fail imo
Unprecedented but you are confident it's become too big to fail. Maybe it doesn't go to zero, but there is no clear mechanism for a floor. Commodities for example, have the floor of the cost needed to produce it. The price will rarely dip below that.
Gold is cool for stacking and playing around with, but we're not going back to pirate days and it's not making anyone rich except the bankers.
Gold is locked in purchasing power of real money. It isn't designed to go to the moon but it maintains the wealth that government is stealing from us otherwise. Outperforming the S&P is no small feet. It indicates a lot was being stolen from us.
There's no precedent in history.
Aka really high risk and not something to hang your hat on. I mean if you feel you're getting some divine revelation on it then go all in, otherwise what you've described sounds risky.
At this point BTC has become too big to fail imo
Unprecedented but you are confident it's become too big to fail. Maybe it doesn't go to zero, but there is no clear mechanism for a floor. Commodities for example, have the floor of the cost needed to produce it. The price will rarely dip below that.