Cant see a crash unless Government actively goes after it around the world. Waaaay too much money looking to get off grid and tax havens are getting harder and harder to find.
I follow several on twitter that have definitely made it big time, but for the sake of normal trader, its very hard to play. I tried $500 like 3 years ago - got it to over 1 bitcoin at one point (hindsight just leaving it would have been ticket!) traded crypto until it was mostly dead. Literally was worth $4 beginning of year and the crypto I was in went up 20x - actually ended up going to about $1200 before crypto got overrun by pump groups a few months back and I got caught. Licked wounds for a bit and thanks to btc 10k+, its now back to where I started just under 500..lol Not for the faint of heart. Best for good chart readers IMH (or of course those that just leave in BTC and ride).I've yet to hear of someone who cashed out big time and put real money in the bank. I'm sure someone has, but not that many. Seems most are hanging in there because the value keeps going up and up so fast. When the crash happens, it's going to happen too fast to cash out at the top.
You are going to invest in cypto don't make it more then 5% of your overall investments. I would suggest making it about 2% or less. as always make sure your portfolio is diversified.
Love seeing the "smart investors" call bubble the whole way from $1k to $17k, missing out on the greatest bull run of this generation.I’m going to invest in tulips. At least when they crash I’ll have some tulip bulbs to plant
Love seeing the "smart investors" call bubble the whole way from $1k to $17k, missing out on the greatest bull run of this generation.
Opinions are like armpits
https://invst.ly/61hgc
Another use for bitcoin.
Another use for bitcoin.
That's interesting, I remember a Time magazine article I read that claimed the average smart device used the same energy as a fridge over the course of a year. Not just the charging but the "cloud" processing power and cooling behind the scenes. If you add up the average house that's not insignificant.