Crypto: Get in before it's too late

Maxim Integrated snbmldt
Jul 8 32 Comments

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.

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TOP 32 Comments
  • Adobe / Eng Iwrk4RSU's
    @snbmldt whats the price target for btc??
    Jul 8 5
    • Maxim Integrated snbmldt
      OP
      $200k in 24 months or less.
      Jul 8
    • TripAdvisor when2Inter
      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
      Jul 8
    • Adobe / Eng Iwrk4RSU's
      🤣
      Jul 8
    • Credit Karma / Strategy
      SrfrBoi69

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      SrfrBoi69more
      Agreed. bitcoin will be worth six figures some time next year. Ethereum will be close to five figures.
      Jul 8
    • 🤣keep dreaming
      Jul 8
  • Uber john_list
    Lol when people are full FOMO mode with attitude such is this that’s a good indicator it’s topping out
    Jul 8 1
    • Maxim Integrated snbmldt
      OP
      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.
      Jul 8
  • Facebook public2
    Ethereum*
    Jul 8 4
    • Credit Karma / Strategy
      SrfrBoi69

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      SrfrBoi69more
      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.
      Jul 8
    • Maxim Integrated snbmldt
      OP
      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.
      Jul 8
    • Credit Karma / Strategy
      SrfrBoi69

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      SrfrBoi69more
      Ethereum is Turing complete and “sound money,” although I’m not sure what you mean by “sound.”

      I don’t expect Bitcoin to be around long term due to energy consumption required for mining. This won’t be an issue for Ethereum.

      I appreciate your take though.
      Jul 8
    • MathWorks wgLw43
      Ethereum doesn’t have a hard cap supply. I highly doubt it will ever transition completely to PoS. Eth 2.0 is far from happening and they already said its impossible to meet their first proposed deadline. None of their scaling solutions have worked yet and they have solutions which they’re not sure would work.

      From lows bitcoin has more than 3x while eth is still lagging behind.

      More than 70% of bitcoin mining costs come from clean energy.

      I’m not saying eth will die but bitcoin is a much decent bet with better prospects. If you get a chance read stock to flow model on bitcoin and how crazy its going to get in the next few years once we have 2 more halvenings.
      Aug 3
  • E*Trade / Finance cbEV72
    Why don’t you borrow and invest in bitcoin yourself? Aren’t you so sure it’s going to pay off?
    Jul 8 4
    • Maxim Integrated snbmldt
      OP
      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.
      Jul 8
    • E*Trade / Finance cbEV72
      Lose? You just told everyone to invest
      Jul 8
    • Maxim Integrated snbmldt
      OP
      You work at E-Trade? Quit.
      Jul 8
    • E*Trade / Finance cbEV72
      I’m going to follow your sound advice
      Jul 8
  • Nvidia btfd
    Chainlink and Tezos 🚀
    Jul 8 6
    • Nvidia btfd
      Google for XTZ
      Jul 8
    • Taylor Farms azerty_
      What future do you see in XTZ?
      Jul 9
    • Nvidia btfd
      Click the News tab on Google
      Jul 9
    • Taylor Farms azerty_
      And then?
      Jul 9
    • Nvidia btfd
      Look at the EXCITING NEWS LINKS below
      Jul 9
  • Expedia YEETUS 💰
    Can this become a “shill your personal favorite shitcoin” thread? Buy FUN!
    Jul 8 0
  • No
    Jul 8 0
  • This comment was deleted by original commenter.

    • Amazon lslu36
      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.
      Jul 8
    • Maxim Integrated snbmldt
      OP
      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.
      Jul 8
  • Nvidia btfd
    Also Grim and Beam 🚀🚀

    And Polymath and Digix GOGOGO
    Jul 8 0
  • LinkedIn cd-
    Where’s block$$$?
    Jul 8 0
  • Taylor Farms azerty_
    Ok
    Jul 8 0