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currently invested in Bitcoin and Ethereum; overall amazing how far it has come!
Everyone is telling me that I should get into Alt coins.
Usually a sign there is going to be a pump, then a dump.
These Diamond Hands are just going to Hodl
Interesting in an interview today Tim Cook said he holds Btc and Eth had he “studied” it for a while thinks it’s wise to have in a portfolio. He did not recommend it just saying he liked it. I’d like to know how Tim Cook study’s crypto. Certain not clickbait head lines on energy and illegal activity. I wish he spent some time exposing what in his studies told him it was a good move. His brain works a few notches above mine. I bet he could lay out some interesting thoughts on the topic. Michael Saylor is interesting but that guy is living on hopium. Of course he was spending hundreds of millions at 9,500 a coin so I guess he has the right.
I don’t know that Saylor is on hopium, but his Bitcoin maximalism seems foolish.
There’s still trillions of dollars coming into crypto. The bullish case is easy to make. Crypto is where the Internet was in the late ‘90s when it still took some skill and knowledge to navigate. The time when banks and brokerages can custody coins and tokens isn’t far off. Some major blockchain games will be here next year. Face melting gains are still available.
Or not, but rolling the dice looks a lot better than watching one’s savings get inflated away.
Ha ha shiba, I think it’s a bit more “dubious speculation” than certain other coins but I people made (make) money on it. I use those type of coins to increase my holdings in the projects that seem a little more solid (to me) like ETH but I’ve lived through, and held through, 90% crashes in Btc and Eth. I had pretty much written it off really. I am tempted to say Shib is dangerous stay away but I said that to some dude about doge coin and he later made close to 500k on it so who knows. As long as your having fun and not walking on the edge of financial ruin expect crashes, have some fun, the future will sort it all out for us. Now SOL though, ever since I staked it it’s been doing quite well.
Although these are two very real advantages of making Bitcoin legal tender, in themselves they’re not huge reasons for most countries to go all in on BTC. However… being able to use Bitcoin to get a billion-dollar loan, that’s the type of incentive that could drive countries to adopt the world’s most popular digital currency.