Be ahead of the curve

[mentos]

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ETH closing in on 4k!! 😎

Didn't know you had ETH. Are you 50/50 BTC/ETH?

 

[mentos]

Wow. Did they beat earnings expectations?

No earnings LoL but ETH is deflationary now.

 

[Z-Qualizer]

Didn't know you had ETH. Are you 50/50 BTC/ETH?

Oh no, not even close… I’m about 85/15 BTC/ETH.

 

[Z-Qualizer]

No earnings LoL but ETH is deflationary now.

And a BlackRock spot ETH-ETF is potentially coming later this year 😉

 

[Z-Qualizer]

BTC just broke 70k
And ETH just broke 4k

BOOM!!!!!!

 

[Z-Qualizer]

BTC just broke 70k
And ETH just broke 4k

BOOM!!!!!!

And… it’s gone. A lot of sell orders at 70k I guess?

 

[mentos]

People really like to sell at 69k

 

[sevo00]

And… it’s gone. A lot of sell orders at 70k I guess?

Leveraged longs getting liquidated. Its a dalai candle

 

[mentos]

Imagine losing money on BTC when it hits ATH.

 

[Z-Qualizer]

I would hate to be short BTC right now…

 

[mentos]

I would hate to be short BTC right now…

Why would anyone short in a halving year?!

 

[hummbaby]

Current SOL bags: LEH, ******IO (the slogan of this bull market)

 

[Direct Laryngoscopy]

This Bull run is gonna be so massive, that even the biggest haters here will have exposure (direct or indirect) and will have to admit they were wrong and BTC and crypto is here to stay as an emerging asset.

 

[sevo00]

Will melt peoples faces off. 10 trillion

 

[Z-Qualizer]

How dumb will we feel selling something for 200 now when it more than likely will go for multiples of this in a few years?

Not as dumb as the guy who paid 10,000 BTC for 2 large pizzas from papa John’s 😂

But seriously what good is making successful investments if you never cash in and realize your gains?

Life is short and the future is not guaranteed.

 

[triggermaster]

I hear you. But at this point if it gets into the 6 figs it will conservatively double every 4 years with etfs and adoption. I fear less and less this is going to somehow go away now that the blackrocks, fidelities are in and have multiple more funds planned. This may be the most secure btc has ever been.

Now don't get me wrong if selling will change your lifestyle i get that. But selling to invest it somewhere else for example index funds not sure. I also get the vegas approach where you sell at least your cost basis plus little extra and let the rest ride.

Adoption isn’t even possible. The transactions are too slow. If you use other coins for transactions, then the supply becomes unlimited and the (imaginary) value goes down to nothing.

 

[finalpsychyear]

Adoption isn’t even possible. The transactions are too slow. If you use other coins for transactions, then the supply becomes unlimited and the (imaginary) value goes down to nothing.

sure that's all fair. But I see a 50% upside in the next 12 months here. What do you invest in VTI, bonds, gold? Those are all great if you already have significant investable assets and are mid career plus into your journey where a 4-5% yearly return outpaces your spending for the year.

 

[triggermaster]

sure that's all fair. But I see a 50% upside in the next 12 months here. What do you invest in VTI, bonds, gold? Those are all great if you already have significant investable assets and are mid career plus into your journey where a 4-5% yearly return outpaces your spending for the year.

VOO, VIIIX
DODGX
MGK
FZROX
VTI
VB, DFFVX
VT

I also own AMZN, NVDA, BRK-B, MSFT. They’ve done very well, but I plan to sell and buy more etfs. My individual stock purchases have done better than I could have hoped, but I’ll own plenty of these in my other funds so no need to be over invested in a few companies. You could argue that MGK isn’t diversified enough, but it’s better than individual stock picking.

It’s funny the 100% equities proponent doesn’t want to be too risky with individual stocks 😂.

Anyway, I’m just answering the question even though it’s getting off topic. You can go back to celebrating the soaring crypto. I just hope there’s profit left to take when you all decide to sell.

 

[mentos]

The real question is if we hit 200's this cycle that means probably 400's in 2028 and then close to 1m in 2032.

How dumb will we feel selling something for 200 now when it more than likely will go for multiples of this in a few years?

There's 21 million BTC. If they're all worth a million, does that much money exist in the world?

 

[finalpsychyear]

VOO, VIIIX
DODGX
MGK
FZROX
VTI
VB, DFFVX
VT

I also own AMZN, NVDA, BRK-B, MSFT. They’ve done very well, but I plan to sell and buy more etfs. My individual stock purchases have done better than I could have hoped, but I’ll own plenty of these in my other funds so no need to be over invested in a few companies. You could argue that MGK isn’t diversified enough, but it’s better than individual stock picking.

It’s funny the 100% equities proponent doesn’t want to be too risky with individual stocks 😂.

Anyway, I’m just answering the question even though it’s getting off topic. You can go back to celebrating the soaring crypto. I just hope there’s profit left to take when you all decide to sell.

Thanks. Are you mid career or less doc or a 20 year+ vet in the field? It's helpful to know as it helps frame your investment experience and its applicability to others.

 

[triggermaster]

Thanks. Are you mid career or less doc or a 20 year+ vet in the field? It's helpful to know as it helps frame your investment experience and its applicability to others.

Yeah. Late 40s.

 

[mentos]

VOO, VIIIX
DODGX
MGK
FZROX
VTI
VB, DFFVX
VT

I also own AMZN, NVDA, BRK-B, MSFT. They’ve done very well, but I plan to sell and buy more etfs. My individual stock purchases have done better than I could have hoped, but I’ll own plenty of these in my other funds so no need to be over invested in a few companies. You could argue that MGK isn’t diversified enough, but it’s better than individual stock picking.

It’s funny the 100% equities proponent doesn’t want to be too risky with individual stocks 😂.

Anyway, I’m just answering the question even though it’s getting off topic. You can go back to celebrating the soaring crypto. I just hope there’s profit left to take when you all decide to sell.

Wouldn't 100% VTI be pretty much the same as owning all of those?

 

[mentos]

El Salvador gets the last laugh!

El Salvador May Become One of the World’s Richest Countries Due to Bitcoin Holdings

Industry experts predict that El Salvador may become one of the wealthiest countries in the world due to its Bitcoin holdings.

cryptonews.com

 

[mentos]

Is there a stock thread where you guys post? Wanted to ask your thoughts of buying NVDA.

 

[triggermaster]

Wouldn't 100% VTI be pretty much the same as owning all of those?

Not really. VTI is only 6% small cap and 0% international. Owning multiple funds lets me control my % investment in different areas more than just going with VTI.

I actually have more funds than I listed with lots of overlap in holdings based on what’s available in various accounts.

 

[mentos]

BTC bounced from 68k to 72k overnight, so random.

Anyone taking profits yet or are we still early?

 

[Z-Qualizer]

BTC bounced from 68k to 72k overnight, so random.

Anyone taking profits yet or are we still early?

Still early!!

 

[txhorn]

BTC bounced from 68k to 72k overnight, so random.

Anyone taking profits yet or are we still early?

Apparently Saylor bought 12,000 more BTC at $68.4

 

[Direct Laryngoscopy]

Institutional race to get exposure. Hope people see what’s going on. It’s not just $MSTR and the ETF’s. Movements at this price require a lot of capital. My guess is international Sovereign wealth funds. I’m still accumulating BTC and moving to cold storage and trading some alts for more $BTC and $USD.

 

[mentos]

Apparently Saylor bought 12,000 more BTC at $68.4

Guess he wanted to have more than Black Rock.

BlackRock's Bitcoin ETF Nears 200K BTC, Passing Michael Saylor's MicroStrategy

In less than two months of existence, the BlackRock iShares Bitcoin ETF PYTH:IBIT has accumulated more bitcoin {{BTC}} than MicroStrategy PYTH:MSTR.According to the fund's latest disclosure, IBIT held 195,985 bitcoin on Friday after another day of significant inflows. Meanwhile, the most recent pub…

www.tradingview.com

 

[finalpsychyear]

Institutional race to get exposure. Hope people see what’s going on. It’s not just $MSTR and the ETF’s. Movements at this price require a lot of capital. My guess is international Sovereign wealth funds. I’m still accumulating BTC and moving to cold storage and trading some alts for more $BTC and $USD.

qatar investing and london exchanges getting the green light on btc etfs. Compound all this with FOMO. constant cnbc rant on btc. i dont even want to think when it gets close to 6 figs toward the end of this year possibly.

 

[Direct Laryngoscopy]

qatar investing and london exchanges getting the green light on btc etfs. Compound all this with FOMO. constant cnbc rant on btc. i dont even want to think when it gets close to 6 figs toward the end of this year possibly.

It’s a scam going to 0

 

[finalpsychyear]

It’s a scam going to five 0's with a leading 1.

fixed

 

[Direct Laryngoscopy]

We’re on the cusp of a parabolic rise.

 

[finalpsychyear]

We’re on the cusp of a parabolic rise.

I never imagined a 6 fig btc in 2024. I'm not holding my breath that it happens by halving +3 months though i might fall down if it did somehow. I think that's too much hopium. I'm pleasantly surprised this is happening.i feel weird being sub 40 and now pondering if part time maybe in the cards at the end of this cycle.

 

[triggermaster]

I never imagined a 6 fig btc in 2024. I'm not holding my breath that it happens by halving +3 months I think that's too much hopium. I'm pleasantly surprised this is happening.i feel weird being sub 40 and now pondering if part time maybe in the cards at the end of this cycle.

Define ‘cycle’ and its rationale or underlying cause.

 

[Z-Qualizer]

Define ‘cycle’ and its rationale or underlying cause.

Bitcoin has run in 4-year cycles since its inception without exception. The main catalyst is the halving of the block reward.

Will the 4-year cycle continue in the future? No one knows.

 

[finalpsychyear]

Define ‘cycle’ and its rationale or underlying cause.

at what price do you think you will buy some?

 

[Z-Qualizer]

Define ‘cycle’ and its rationale or underlying cause.

Check this out…

Do you see any trends? (Hint: look at the green and red colors).

Maybe it’s just a coincidence 🤔

 

[Z-Qualizer]

Update: I crossed another milestone today - crypto investments are currently $150k in the green.

 

[abolt18]

Update: I crossed another milestone today - crypto investments are currently $150k in the green.

Your picture goes perfectly with that statement, and this whole thread for that matter.

 

[Z-Qualizer]

Your picture goes perfectly with that statement, and this whole thread for that matter.

Thanks… I think?

 

[triggermaster]

at what price do you think you will buy some?

It’s hard to price something that isn’t a company, isn’t a currency, isn’t a commodity, holds no patents, makes no profits, has no management, could be replaced by a superior alternative for free, etc, so there’s no price at which I’d buy crypto.

 

[mentos]

It’s hard to price something that isn’t a company, isn’t a currency, isn’t a commodity, holds no patents, makes no profits, has no management, could be replaced by a superior alternative for free, etc, so there’s no price at which I’d buy crypto.

Are you waiting for it to crash to tell us "I told you so"? Probably 12-18 months until that happens.

 

[triggermaster]

Are you waiting for it to crash to tell us "I told you so"? Probably 12-18 months until that happens.

No. I’d recommend selling but it’ll probably keep going up like GameStop but without even the failing company to justify any valuation.

 

[Z-Qualizer]

No. I’d recommend selling but it’ll probably keep going up like GameStop but without even the failing company to justify any valuation.

Why would you recommend selling something that you admit you think will “probably keep going up”?

Sounds like bad advice to me?

 

[triggermaster]

Why would you recommend selling something that you admit you think will “probably keep going up”?

Sounds like bad advice to me?

I’m would recommend selling because it’s a scam. It’s all hype and no substance.
I wouldn’t recommend selling because you can make money if you sell before the collapse.
Give the above, I don’t recommend anything.
Good luck.

 

[Direct Laryngoscopy]

But yet you still come to this thread. lol

 

[triggermaster]

But yet you still come to this thread. lol

Is it only for people drinking the koolaid? I didn’t know.

 

[sevo00]

No need to convince the sideliners. When you have Larry fink on Fox News pumping your bags for you the outcome is inevitable