I think the flight will be into:
gold
silver
platinum
palladium
then btc
Maybe stones like ruby emeralds and diamonds.
But it still does not mean dump your btc.
You are so distracted on an ongoing basis.
yes, there may be some value flowing into those other assets (commodities), but they are likely not going to move in terms of percentages like bitcoin will, even if you might possibly be correct about the order of flows, which that is even doubtful to be thinking about order of flows in that kind of way... because billions of dollars of flows into those other assets does not have the same effect as billions of dollars of flow into bitcoin. In other words it takes way less capital to cause bitcoin to move the same amount.. or even multiples (and or magnitudes) more rapidly than those other assets.
So stop being so ongoingly distracted into largely irrelevant comparisons.
I am hoping for my btc savings to become higher than my wife's 'safe' 401k by 2026
First. When did you first start getting supposedly interested in actually holding onto bitcoin rather than selling it right away.. probably around 2018/2019 no? The value your bitcoin should have had already surpassed your wives 401k. Let me throw out some numbers, and you don't need to correct me (or confirm), but let's say that your wives 401k is worth around $750k.. so then that would generate about $3k per income per month in terms of a 4% withdrawal rate.
Now, if you had been investing into bitcoin (and/or diverting capital over to bitcoin, you could have had accumulated 10 bitcoin and you would already be close to surpassing the value of your wive's 401k.. at least in terms of BTC spot price..
I just like to blame you for failing to focus on accumulation through buying.. rather than what you seem to be doing is shaving off profits on such a regular basis and probably hoping to buy back cheaper, but then you chicken out when the BTC price drops, so instead of buying BTC, you sell your BTC and you buy IBonds, and you still seem to believe that was the correct course for your situation.
Let's just say that instead you had focused on
$500 per week into bitcoin since the beginning of 2019 (is that even possible?), then you would have had invested right around $136k and you could have had accumulated 9.4615 BTC (currently valued at $681k) until now, so you would already be very close to surpassing your wive's 401k.
Am I picking on you too much? I am even giving you the benefit of the doubt that you admit that you screwed up the earlier part of your BTC involvement by not hanging onto enough BTC during your earlier years of your BTC involvement, so I picked a date that I thought might be reasonable..
..but then now on reflection, maybe I am picking too early of a date? Maybe you did not convert to a
supposed BTC accumulator until a later date. because, just now, I did do a quick look at your post history and holy fucking shit, it seems that you don't seem to have been involved in this WO thread until maybe late 2020 .. so fuck.. that kind of screws up the timeline for being able to accumulate enough coins to catchup to your wive's 401k...
Let me rework the numbers for a conversion into a BTC accumulator starting in late 2020.. Let's go with October 2020.
so we have to remember the time factor when it comes to building a position.. .. but if we are building we need to be building rather than fucking around with selling and trying to buy back cheaper and other distractions that don't involve strict and straight forward ongoing accumulation until we get to enough cornz.
If I consider your conversions in to actually wanting to accumulate and HODL your BTC rather than selling right away, then I would then have to double the weekly contribution, so that if you had been investing
$1k per week since October 1, 2020, then you would have had invested $180k, and you currently would have about 6.124 BTC (yes quite a coincidence), but still notably not a bad place to be since it would currently would be worth $441k, which also would put you within site of surpassing your wives 401k within the year rather than needing to get through this whole cycle.
Second: The other point that you make about surpassing your wife in 2026 makes hardly any sense in terms of current anticipated BTC cycles.
Are you even with the cycle thing? 3 ups and a down. Currently, we are ONLY in the second up, so only 1 more up then we get a down. Don't you know dat? dee basics?
Whatever dumbassery there is in the legacy media, at least it is very clear that they are still talking about Bitcoin.
Certainly not Ethereum, not Vitalik walking zombie deep eye socket man, not BNB, not Solana and not bearded ape asswiped NFTs.
Other "cryptos" are not even worth mentioning here as they are bound to fall off the radar in a few years whichever position they currently enjoy on coinmarketcap.
Most never even regained their previous highs whilst we have seen BTC's new ATHs. At what point is it not clear to people that they are shitcoins?
Just because it is a shitcoin does not mean it has absolutely no use. You can leverage Bitcoin to short shitcoins and make more Bitcoin
.
Even if you have the right idea about shitcoin's being shit, it still is not a good idea to put your bitcoin at risk to bet against them. They can pump way longer than any of us can stay solvent, so why put your bitcoin at risk when you have about as close of a thing to a sure bet just longing bitcoin.. the most that you can lose if you long bitcoin (without leverage) is 100% of your investment... and the upside has been really great, and bitcoin's investment thesis does not seem to be getting weaker, even if the magnitude of future pumps may well not be as large as the magnitude of bitcoin's pumps in the last 12 years-ish... but still each of us has to work with what we got.. and if we are just building our capital, then we just have to buy bitcoin and don't get too greedy with leverage. and why fuck around with either shitcoins and/or trading. when bitcoin is such a great investment by its lil selfie..
When exiting your position you can figuratively feel the frustration and confusion of shitcoin investors who still have not realized that whenever Bitcoin goes down, shitcoins go down even harder.
I still would not want to try to play that angle... it seems like a waste of brainpower and energy and potentially money, if it does not end up playing out that way.
So in that regard, it seems more of a sure bet that bitcoin is going to go up forever Laura rather than shitcoins might not unexpectedly pump for longer than they should and/or at unexpected times.
And shitcoins always go down except during bull markets when they get to ride daddy Bitcoin's coat tails. And if the shitcoiner gets lucky, they own whichever shitcoin is getting pumped on that day(Which totally is not just the devs trying to make their shitcoin look popular by pumping their own money into it, I mean, who would do that?
).
People do it.. and I am not personally going to get involved either way.. Fuck shitcoins and/or the waste of time of paying any close attention to them.... except maybe just as random entertainment, but nothing that I would want to actually financially and/or psychologically invest in, either direction.. besides just investing into bitcoin and staying focused on bitcoin, which already seems to be an investment against shitcoins.
I sell all the Ltc instantly and ladder sell doge.
I made more doing this then I ever did mining btc.
How much more profitable is mining LTC than mining BTC, Percentage-wise? Just out of interest.
Also, I would consider LTC an altcoin, but not a shitcoin. It is one of the top 20 coins on Coinmarketcap and has been around for a really long time. You can't really compare the risk of mining a random shitcoin with mining LTC.
Oh gawd...
Now we are talking about which shitcoin happens to be less shitty.
Give me a break.
Poll
