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re: How much should I invest in BTC today?

Posted on 5/6/24 at 9:38 pm to
Posted by dualed
Member since Sep 2010
4705 posts
Posted on 5/6/24 at 9:38 pm to
quote:

What an odd argument.


People have been doubting this thing, myself included, all the way up to 70k a piece. I just don’t see how one day it all goes away. And I’m no stranger to being called crazy. But I’m totally fine with parking 20% of my retirement on a gamble. The value of the dollar steadily declines while wage growth stays stagnant. I can be safe and stick with what I’m doing, but at what cost?

Idk. I wish I had a crystal ball, but I think there’s dumber things I could do with my money than buy BTC.
Posted by Weagle25
THE Football State.
Member since Oct 2011
46223 posts
Posted on 5/6/24 at 9:46 pm to
quote:

I’m totally fine with parking 20% of my retirement on a gamble.

That’s an insane statement.

quote:

can be safe and stick with what I’m doing, but at what cost?

What’s the cost of not being safe and sticking with what you’re doing? Much bigger than the answer to your question.

Can you explain bitcoin? Or are you just winging it? No one has any clue what the value of bitcoin will be in 2050 so I don’t know why you’re willing to bet 20% of your retirement on it.

You came here asking people a question but seems like you already have your mind made up.

What’s the problem with investing a little bit of each paycheck into BTC?
This post was edited on 5/6/24 at 9:50 pm
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