so you see it too?
It can’t be just me.....
can it?
I know I always say I don’t hunt unicorns ...
but dang if that’s not a unicorn.
even has a big green horn on it’s head...
and a nice red tail ...
Do I just need more rest? ... are the meds not working any more ?
Did the conversations I had with the guys on the bit coin thread affect me......
hmmm .... I did dip my toe in IBIT ...
so far so good
there are some really sharp guys over there, they answered my questions really well. I don’t know their key words or anything...
I just sort of stumbled in there.
But if any one is wondering about bit coin, the new etfs, the halving .... well...
the truth ....it’s out there....ewwoooewoo(X-files music)
You have a good enough understanding to know there are thousands of crypto currencies. The popular Helium had thousands of miners but the group of 4-5 owners of the coin decided to screw all the miners, thus it became a scam coin - people still hang on to it.
There is only one rule in investing. Buy the best. In business it is winner take all.
In crypto currency investing there is one asset which is BTC.
There are only 5-6 crypto’s “safe” to invest in. They are ranked by valuations. BTC, ETH, SOL are the only three of the six that I would buy.
I am 99.7% of my 260K in BTC. I am free and clear with a profit in that 260K. I have made over 500K starting with a half dozen GPUs on a mining rig in 2017. Other than the valuation of the BTC, my boys both have a BTC from me.
The only true cryptocurrency inverstment is the BTC or the BTC ETF. At the moment the ETFs have the opportunity to grow at a rate higher than holding actual BTC, but I will hold my BTC.
BTC isn’t a unicorn-fiat, it is a Ferrari.