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To: PeterPrinciple

Playing the lottery is what you are doing with your savings.
Dollars are becoming worth less and less everyday because the Fed is printing money in thin air to buy treasury bonds!

Keep saving your inflationary dollars that are becoming worthless over time.

Please see link below if you do not believe me.

https://www.usdebtclock.org/

Like it or not Bitcoin is the top asset over the last decade.


9 posted on 02/28/2024 5:59:04 AM PST by Enlightened1
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To: Enlightened1

Like it or not Bitcoin is the top asset over the last decade.


And the reality about that top asset changes daily based on what? Think about it. It is fashionable today but tomorrow it is out of fashion, It is a lottery ticket with nothing behind it. There are a lot of investments that way.

You are right. YOU CANNOT ELIMINATE RISK IN ANY INVESTMENT. But note that YOU act like this is a SURE THING. That is the danger.

What does history teach us about bit coin? Tulips.

My point to all is to understand what you are doing. Understand the risks and rewards.

Bit coin is the current fashionable lottery ticket. If you like lottery tickets, buy it, but remember lottery tickets become worthless overnight.


21 posted on 02/28/2024 6:21:30 AM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: Enlightened1
I've been Stacking Sats since the tide went out. The next
bitcoin halving is coming.

Anyone can hit me up in a private email, I'll show you how if interested.

51 posted on 02/28/2024 7:52:17 AM PST by Tommy Revolts
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To: Enlightened1
Like it or not Bitcoin is the top asset over the last decade.

Yes, there are a lot of stupid people trying to buy into get rich schemes. An astonishing number.

But the reality is that bit coins are worth nothing. They only have "value" because silly people pretend they do and are willing to part with real things to buy them.

68 posted on 02/28/2024 9:08:52 AM PST by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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