Crypto: Get in before it's too late
Buy bitcoin. If you don't have the balls to hold your own keys then at least put some of your 401k into GBTC. Ask Fidelity to hook you up via BrokerageLink. Vanguard and others should have similar tunnels from 401k to GBTC.
No
Ok
Chainlink and Tezos 🚀
Why tezos?
Google for XTZ
@snbmldt whats the price target for btc??
$200k in 24 months or less.
I own btc but dont think it will spike that much, liking your post so i can come back to it in a year or so
Lol when people are full FOMO mode with attitude such is this that’s a good indicator it’s topping out
You may be right for the very short term (we just had a 30% dip in the last fortnight) but nothing is going to stop the march to a new 10x higher ATH.
Why don’t you borrow and invest in bitcoin yourself? Aren’t you so sure it’s going to pay off?
Because the first rule of crypto is to invest no more than you're willing to lose. If I was a professional full time investor, I'd consider the leverage you suggest.
Lose? You just told everyone to invest
Where’s block$$$?
Agree retirement money is not for speculating. I bought 5 bitcoin when it was $4800 with throw away money, so going to hold and see what it does. I’ve had plenty of crypto over there last three years but I’m not a fanatic.
Valid point but not entirely. A few % of 401k money hodled in BTC is reasonable. If you're good at trading, 401k money can be traded tax free.
Can this become a “shill your personal favorite shitcoin” thread? Buy FUN!
Ethereum*
Exactly. There’s much more of a future in ETH and it’s trading at 1/6 it’s all time high ratio vs. Bitcoin. Bitcoin could go up 2x and ETH 12x this cycle, for example.
ETH is a utility token. BTC is sound money. Governance is completely different too. They are Two completely different forms of money. So the quantitative comparison is invalid. But yes ETH should be in your crypto mix if you want to diversify within crypto.