Let your runners run.Since the DOW bottomed out 15 years ago, the average annual increase has been 75%!
Let your runners run.Since the DOW bottomed out 15 years ago, the average annual increase has been 75%!
6500 to 40000. How is that 75% annual? Do you mean 7.5%?Since the DOW bottomed out 15 years ago, the average annual increase has been 75%!
I wasn’t compounding it at all. Compared to Mar 1 09 the Dow went up 1,124%.6500 to 40000. How is that 75% annual? Do you mean 7.5%?
That’s a hold for 100kI'm all in on Bitcoin, any opinions?
I'm all in on Bitcoin, any opinions?
With this money, I'm usually in and out. I'm sitting on an 18% gain for over 3 months. I thought with the halving and the ETFs coming on line that it would have been a lot higher already.How long are you going to hold it?
My opinion-
I don’t believe we move away from government backed currency.
Color me happy.I’ll be happy if the Dow hits 40k by Dec.
With this money, I'm usually in and out. I'm sitting on an 18% gain for over 3 months. I thought with the halving and the ETFs coming on line that it would have been a lot higher already.
Yeah, I thought Bitcoin was a joke in the beginning, but I've come around and now I see it as a valuable store of value with world wide appeal.
Yes, "the world population is going to need a monetary solution."I never thought it was a joke. I just see the geopolitics around fiat money and don’t think we are close to seeing an end of fiat.
Bitcoin as an investment- you are buying into the idea that the world population is going to need a monetary solution that will replace the USD as we become less of the world reserve currency. You are also buying that the Brics won’t build out that currency. You are also buying the idea that people trust Banks less and less to the point they stop using them and instead use Bitcoin and the block chain. This does leave out the bigger question of how to replace banks for m2 but I figured that would happen naturally as lending has always occurred.
For the near term, it will remain the USD.Yes, "the world population is going to need a monetary solution."
For the near term I think Bitcoin is it.
I meant an alternative to currency, not a replacement.For the near term, it will remain the USD.
We are talking a Massive collapse of the world economy, banking, and U.S. government.
Bitcoin is around 1-2T, 38b/day of transaction volume up a little from 2023.
the USD is around 3-4T per day or nearly 100x that of Bitcoin.
I meant an alternative to currency, not a replacement.
'Silver broke 30$.. Anyone have any causation?