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Boooooooring, the old gold vs bitcoin drivel.
Let's get Schiff and Pomp on here why were at it.
You have a portfolio with hedges and diversity, they are not mutually exclusive but work well together inside a portfolio.
BTC is getting rowdy and will give it a haircut tomorrow to secure my gains. However I will continue to DCA into it.
Don't go myopic
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As of this writing our beloved Bitcoin is on fire as well as it's derivatives and shitcoins.
Rate hikes immanent and market backing up a bit.
The Blackrock ETF as they have a 500 to 1 SEC success rate.
Solid ground for sound money or is this a FOMO perfect storm?
I can understand the BR ETF exciting the market (the others are crappy spot ETF apps)
But why is the market other than BTC on fire? One must dial back the optics and look at everything.
Is this FOMO? As in another thread have we decoupled?
Trying to understand why the whole spectrum is overheating.
Silver/Gold is dropping as well that trade generally opposite of BTC.
What's going on?
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I thought about doing it for the geek factor alone. If I already had internet facing servers I could piggyback on, sure. But to build something gratis, naw. I'll pass.
Lightning node maybe, can make some money.
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Blackrock has like a 500 to 1 success rate with the SEC, some I'm betting on success.
Step in the FOMO's. DCA FTW
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Just good housekeeping says it's equally important to have your stuff spread across a few wallets with differing technologies. Better to take a fractional hit than a full one.
Like Examples: IT orgs never store data in just one place. Triple control systems on airliners. Never keep your money in one bank.
No brainer
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This post isn't about Bitcoin or it's viability.
It's a about the social aspects of ANYONE knowing your financial composition.
The rule is they can't hurt you with what they don't know. Having any kind of lump some money or asset put a big target on your back from family and friends. Additionally Karen down the street take a slip n fall on your property to access that money.
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The take away is that marriage is bullshit these days (In America) don't ever get married unless she is worth more than you and if you do heavy on the prenup. The law and courts are heavily hell bent for the female, always.
You are just a safe point as they look for the next best thing, with your kids and you paying for it.
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He probably bought them through an exchange and the KYC/AML banks have his activities well documented. They will also see his BTC spending...
He probably kept is all in one wallet.
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Whatever you do don't diversify! Do NOT keep some cash, gold and silver on hand. Do not maintain BTC as a percentage of your portfolio. Identify through emotion the one of these that is going ot make it big and if you don't do it now you will miss out. Take that ONE and go all in on it! Spend countless hours constantly checking on the sure thing. Enjoy restless nights knowing you did the right thing.
Go big!
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Lot's of morons in here. Wind is a shit source of energy. You can't schedule it and it's often produced when unneeded and the power has to be dumped. Sure it seems cool when your using other peoples money.
Solar, problem is it's unavailable during peek demand.
If someone says batteries they get a throat punch.
Nuclear power is the only way. 24/7/365 100%
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It's a part of a portfolio. Diversification is a smart thing to do. I take profits and spread them out when an asset class get's over heated.
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They are two different beasts. I argue they both including silver should be in a a portfolio.
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Having lived and worked in silicon valley during the dot com bomb, I have learned to give ANY investment a haircut (diversify/hedge outside the sector) when it get rowdy to secure one's gains.
There are bullion dealers who take crypto and you never have to touch the banking system.
BRICS will form and be backed by gold, I think it inevitable because we have trashed the petro dollar. So this could be a boom for gold.
My local coin shop will give a loan against metals as well as cash it in. Additionally they can take in a 100oz bar cash in 20 and give you 80oz back.
A few states are considering legalizing gold and silver at legal currency, that should incite some thought for all.
If when shtf it's allot easier to barter in cash and metal than BTC. Think of the on and off ramps of BTC to be broken, then what?
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The problem with CPI is that it is a flat out manipulated lie.
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Live and die by the spreadsheet. Make a plan down on paper and stick to it leaving emotion "beliefs" out of it. When I reach a predetermined profit (33%) of my base investment I take the profit and diversify while still maintaining DCA.
This recent bump I took ALL my profit down to my base securing it. It will go down and my DCA will still be ticking away.
My base investment is my hodl and not afraid to take a profit off of it. I don't lose sleep this way.
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no, but she caused me to spike
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There is still ALLOT of bad news to come. Housing bubble, new and used car demand down, loan defaults. Let alone there is a high probability of more drama in the exchange arena.
I am giving mine a haircut and take my profits now. I will turn CDA back on below my blended rate.
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Yeah pay your taxes your fingerprints are everywhere especially when go through exchanges with AML/KYC.
I would keep a business wallet and personal wallet never mixing the two. Learn about tax harvesting as well to offset gains.
Depends on where you are (laws)
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Wow, my post got deleted. It lives on in quotes. Just wow
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