Feeling the fomo to buy Bitcoin at 50k as it might be heading to $150k in 2025. TC: 10BTC for now and shrinking every year
TBH, I don’t care if it is used for illegal activities and that’s actually a use case if it really is. Internet is also used for illegal activity. All I care is how I get maximum return for my everyday shrinking money.
Why is your money shrinking? At minimum you can get s&p funds which historically guarantee that you far exceed inflation on the roughly 10+ year time horizon.
I bought a home in 2016. If I had invested the same down payment in S&P and look to buy the same home now, I am getting half a home. I don’t think s&P is keeping me afloat
What's stopping you?
Honestly -nothing. Will wait for a pullback. I had a note written down to not buy when I fell fomo
How do you know it will pull back to today's levels or lower?
LMAO
Why
Bitcoin at 1 T valuation.
Once you buy I am sure it will be like $15k again 😀
Wait to see which bubble 🫧 blast faster, bitcoin or AI
AI...
Bitcoin is a bubble that won't burst because it isn't a bubble.
Seeing the rate at which Bitcoin is growing, I will not be surprised if Bitcoin moves past Microsoft and take the second position above. Fomo kicking in 😆
Soon in April
That's on the low end with the halving and ETF demand imo. Base case: 300K, Bull case: 500K, Bear case: 150K If you understand the fundamental technology and can stomach the volatility, buy as much as you can. (Not financial advice ;) Real FOMO won't start until 100K and that will be institutional. Bullish AF
To clarify, these predictions are for the end of 2025. It'll probably crash down to 80-150K levels in '26 like it always does. Anything under 100K is a steal if you plan on taking some profits in 2025. With that TC, if you don't hold at least 5 BTC in your core position, you should be ashamed
You just caused more FOMO 🤣.
Amazon hiring bar must be in the drain... Op I hope you are a PM...
Unfortunately not PM but I admire how you connected hiring bar to Bitcoin. If Bitcoin market cap overtakes Amazon, then you staying at Amazon doesn’t raise the bar either?
That's an if statement... By your logic you should hord salt ... What if salt becomes scarce !!! You must be the top performer in the team... Yeah the hiring bar is absolutely in the drain
BTC demands tremendous power/electricity. I believe that will never let BTC become store of value.
This was the bullshit my financial advisor mentioned in 2017 - Bitcoin did a 50X since then.
BTC can use the excess energy, and converts analogic energy into digital energy, that has 0 transmission cost. The cheap energy goes into BTC, and to attack the network you would need the expensive energy and the infrastructure. BTC will not become store of value, it already is
Personal Finance
17h
2047
Calculated my NW and now i can't sleep
Working Parents
Yesterday
1037
How to relocate out of Blue areas?
2024 Presidential Election
6h
601
Elections are getting hot! The other kind of hot 😘
Tech Industry
2d
11605
I do tech screens at Google. AMA
Personal Finance
Yesterday
3861
It is a blessing…
Or... Instead of putting your life savings into a wildly volatile asset with no use case outside of illegal activities and speculating you could invest your money in literally anything else.
I talked to a financial advisor in 2017 to see if I should invest in Bitcoin. At that time my TC was 300BTC and now it has become 10BTC. I fear it might become 1 BTC in few years. Stupid financial advisor costed me a fortune.
You had a good financial investor. You know Nvidia has had similar gains? As has basically every stock that has gone big. No magic in btc from a gain standpoint. Why did you miss out on all those too? Because it's gambling. There's also a bunch of stocks that fell a ton, too.