Barreling towards a new record high. It seems market sentiment has recovered from the FTX meltdown. I read the government thinks all their customers will get their money back due to the resurgence of crypto.
I don’t think it’s a good investment either. More concerning to me is the quick jump over the past month or so. Likely more indicative of money laundering or something to that effect.
Dude, it's been all over the news that Bitcoin got approved for spot EFTs a few weeks ago and those ETFs are growing fast ...
Yep it was a gimme if the ETFs got approved the price would rise, increased demand for people not wanting to get a coin base account.
$2B being washed by amateurs who got busted using bitcoin. I can't imagine how much the pros are doing. Wonder if Trump properties sell in bitcoin.. Woman found with £2bn in Bitcoin convicted of money laundering arrangement offence
I admit I don’t understand Bitcoin or any knockoff. What I do understand is I will never in any meaningful way possess it. Hard pass.
I have Bitcoin and I believe it hits 250k a coin within 24 months. It’s inevitable as it gets more accepted and people realize it isn’t going to zero. The next halving will reduce selling pressure and make Bitcoin even more volatile (I think to the upside). Not for the faint of heart for sure but my goal is to have at least 1 BTC for each of my kids and have them hold it for the next few decades.
Since 2020 gold is actually on a tear for a return of approx 41%. In that same timeframe Bitcoin is up 883%. Now the rides were markedly different as Bitcoin is far more volatile but if you are willing to take the risk and hold through the massive drawdowns (or preferably add during those times) it poses a much better opportunity for growth. Now in that same timeframe Nvidia was up 1350% haha so there’s always a better opportunity!
this is where I am with it. I might look into the EFTs and invest a very small amount but I simply don’t understand why it has any value and that makes it damn near impossible for me to invest a substantial amount of money it.
Bitcoin? Can't swing the one dollar minimum? What is the Minimum Amount Required to Buy Cryptocurrency? How to Buy Bitcoin (BTC): Quick-Start Guide - NerdWallet
