A few days ago I placed an order to purchase 2 physical BTC coins online. Today I got these coins in my hand and I really like to see the bitcoins. This is the first time in my life I have seen physical bitcoins for which the love for bitcoins has blossomed from the heart. My long time wish was to see BTC coins in reality, today that long time wish has been fulfilled. I have deep hope and love for Bitcoin.
There is no such thing as physical BTC. Enjoy your toy coins.
Not exactly. If you print the seed words of an address holding one bitcoin, it would be (like) a physical bitcoin. TBH
You gotta admit, that's a bit of a stretch OOM... .even though surely you can say that "this piece of paper contains all of the information that I need to access my one cornz that happens to be located in a place that involved the networking of computers to secure it and to provide me access when I enter this information that the "computer system" recognizes as a bitcoin address that happens to have one cornz contained therein."
I know, I know, I know... .even my attempt to rebutt you sounds kind of dumb..
almost as dumb as your proclaiming that the piece of paper is like a physical bitcoin.
just a thought:
there is a possibility that the next halving bullrun arrives later than usual. almost everyone seems to expect a normally scheduled bullrun... and that alone should actually be enough of a reason for it not to happen. On top of that we might face some medium-term price pressure from the US Gov. sitting on 200k BTC, and from some of the 140k Gox coins...
Yes.. a lots of things "could happen."
I am not very convinced about your prognostication... if that's how we might label your above Nostradamus
wannabe attempt?
[edited out]
Surely, one should instinctively feel reluctant to put all their eggs in one basket, but this is no ordinary basket. I'm not suggesting to put 100% of one's investment capital into Bitcoin, but history has shown that no Bitcoin investor has ended up at a loss when HoDLing for a sufficient amount of time (several years). So, for those considering a long-term investment strategy, I would be tempted to suggest a higher Bitcoin investment allocation than your 25% upper limit above. Perhaps.
I don't have any problem with anyone tailoring BTC investment strategy that is more aggressive than the top of my starting range of 25%, and prior to March 2020, I used to have the top of my initial suggestion range at 10%, so after March 2020, I had reconsidered that I would adjust the top of my suggested initial starting from 10% up to 25%, and really, I am never even suggesting that anyone should be limited by the range, but if you are coming into bitcoin and not knowing shit, it is probably better to hagve some kind of a guidance regarding where to start and then hopefully the person figures out his/her particulars along the way, and if s/he comes to believe that a higher amount is suitable to his/her situation then so be it.. I have no problem with any kind of individually tailored revision of what s/he has come to believe is MOAR better.
From my point of view, one of the BIGGER issues is for normies to get the fuck off of zero, and even if they might agree that bitcoin seems like a good thing, but if they fail/refuse to look into the matter further and get off zero.. which I suggest to be at least 1%, but there might be some people who would individually determine to invest less than 1%, and whatever, they have to make those choices for themselves, and absent any explanation, then I am still going to stick to my recommendation that says the whimpiest of strategies should at least have 1% and the more aggressive strategies up to 25%, and the individually tailored assessments can surely go outside the range that I am suggesting to be their initial "dumb" (or would it be "blindfolded") entrance into bitcoin that might be prior to studying the various specifics associated with the various matters that every investor should be attempting to consider (so that s/he is actually investing, rather than devolving into gambling practices - mentally and financially).
Another thing about bitcoin that you well know AlcoHoDL is that bitcoin is such an asymmetric bet to the upside that none of us would likely even need very much invested into bitcoin in order to be able to potentially profit stupendously, so in some sense if bitcoin's investment thesis is as strong as many of us are proclaiming, then even folks who are ONLY allocating 1% of their $100k investment portfolio (or whatever their investment portfolio happens to be) are likely going to be quite a bit better off than the so many laggards who might take another couple more cycles before they start to see such an overwhelming majority of people (normies in their circles) all having some exposure to bitcoin.
Well, come to think of it, a 25% Bitcoin investment allocation, when compared to 50%, would only delay a target gain by one average doubling period, which can be as short as 1 year.
Now you are talking.
So, 25% is not too bad as a 'safe' upper limit after all. The important thing is to get off zero quickly, and work your way up as high as you feel comfortable with. And hey, these are not stonks, be willing to take a little more risk!
Hey!!!!!!!!!
Are you cheating?
Are you copying my notes?
Not financial advice, but I wish I had gone all-in in 2015 though... Easy to say after the fact of course... Shoulda, coulda, woulda...
Don't get me wrong. I am not opposed to anything that you are saying in terms of a kind of need that many of us should attempt to be as aggressive as we can in regards to our BTC accumulation strategy, but we still don't want to employ such high levels of aggressiveness that we either devolve into a kind of gambling approach or we end up unintentionally recking our lil selfies... It's important to get over the goal post, rather than saying I could have had 25 bitcoin, but instead, I tried to get 50 bitcoin, and I ended up recking myself in the progress, and that's why I only have 2.5 bitcoin... which yeah.. maybe my numbers are too big, because many of us already realize that we might not even need more than a whole bitcoin in order to be at a relatively high richie status, but we still have to get over the line, and I am not even saying that it would not be a good idea to acquire more if you can rather than settling for a smaller amount.. there is at least one member who I repeated proclaim to have had been overly whimpy.. but actually even overly whimpy sometimes can still work out alright if the investment timeline is long enough and none (or not too many) coins are lost along the way.
So I wouldn't be surprised if we don't get what most people expect this time. But what do I know...
Probably not very much.
That was a lay-up, no?
Poll
