Posted on 03/11/2024 3:25:04 PM PDT by NoLibZone
It's a crappy "M"...but if you stick to certain sectors...it's doable.
I think it’s still a scam, a pyramid scheme.
What do I get when I invest in Bitcoin other than an electronic transaction that my real money has been converted into faux “currency” which has no intrinsic value.
Stocks are part ownership of a real company
Bonds are debts that will be repaid with interest.
Gold, silver, copper have real world uses.
Corn wheat and pork bellies are foodstuffs I can eat.
But Bitcoin is a ponzi scheme.
Trump should know better.
It is, but you can't do anything about it.
They'll put you in jail if you try to work around it.
Trump was and still is correct when he says crypto is a scam. However, he is also correct to say Bitcoin which as an asset surpassed SILVER today is not a threat.
Most people have no idea about anything related to the term Bitcoin and the term crypto currency. With BTC is the only crypto to classified an asset, beyond 6 other coins that have an actual use, the thousands of other meme and crypto coins are junk.
Bitcoin ETFs in less than two months have exceeded the first three years of the Gold ETFs.
Gold ETF funds are flowing out and directly into the BTC ETFs.
At 73k it is still a bargain. IT will hit 124k by April 19th and probably double by the end of the year from April.
Blackrock will purchase 529m USD or approx 8,000 BTC tonight.
They will buy 14-15,000 before the weekend.
Trump is smarter and better informed than 98% of Americans on this issue.
“How, then, is the fiat US dollar not a scam.”
It is legal tender back by the US government... For now.
When the US debt becomes so larger it crashes from the weight of its own gavitional pull, then it becomes worthless.
Bitcoin is just one panic away from being absolutely worthless.
We sold two about four years ago when it hit $18K. We bought at $6K. If we had held, we could now realize about $100K instead of the $24K back then.
I am confident you can invest 10 USD in BTC on coinbase (they will give you $10 if you sign up), and it is going to be worth $13-15.40 by April 19th.
As an incentive, if you join Coinbase and get the free $10 and your BTC isn’t worth at keast $13 by 19 April, I will send you $10 just to teach you.
I am good for it. I’ve been here on FR since July 1998.
I believe. I really don’t want you to die broke only to find out in Heaven it wasn’t a scam.
These metals have cost you 40% of the dollars purchasing power every ten years since 2007....
Since it’s inception BTC has outperformed the dollar 950%.
At least you did something which is more than 65% of all Americans.
I think someone has been told it wastes electricity.... They never asked themselves the comparative question about physical mining of metals and oil, electricity and water;)
When you invest you still get paper for your grains and pork belly.
You should simply ask yourself what did Trump learn in the oast two months. Ten minutes on ETFs would be life changing for anyone.
I wish I had some.
Not saying one cannot make money from it.
My dad bought a 1958 Rambler in 1974 for one hundred dollars for Mom to used to carry and ferry us kids to sports and buy groceries . Four years later they sold it for two hundred dollars.
Bernie Madoff had customers who made money but look at them now.
By the end if the year they might be worth 400k together.
You’ve actually bought them and can legally take delivery for them.
Costs money for delivery but those 1o,ooo bushels of wheat are yours
Trump’s a rich man and can afford to write off his losses, I cannot.
And Trump has lost big money on some of his investments, Trump casinos, Trump steaks, Trump University etc.
Not bashing him but he’s taken a few lumps.
Unless you are a farmer, grain and feed operator or a prepper for some Mega Chuch what are doing with with that grain?
Perfect, that is my plan if my investments pan out.. If I stay on track and healthy, I should have about 10 figures american. If not, my family after me, or I lose 3K invested from Covid checks. What did everyone else do with the Fiat gift checks? Get a nice new TV?
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