Official Bitcoin Thread

[mplsdunk]

Just bought some to help the cause.

 

[Arthur Shelby]

Different apps not the problem it being a mission to buy a coin is KuCoin is difficult

 

[sneakaprince]

O OprahsBabyDaddy6 correction if fapmasterjr tells u to buy something listen...

 

[mplsdunk]

In true crypto fashion “fapmasterjr” is a beast

 

[pums]

What’s your ratio like in terms of stocks vs crypto? Might withdraw some of my stock options soon. I’m thinking long term in all of this btw. Market fluctuations don’t bother me. Thinking of making it bout 30/40 crypto and stocks

It’s currently
30% Savings includes time deposits, money in savings account
55% stock market
15% crypto

 

[sharpshooter718]

Man anyone who tells you they can just double your money in a month is a snake oil salesman.

Honestly the market is on a run and everything is going up, but that could change on the drop of a dime. I don't know how much liquidity you have but most would agree BTC is your safest best in terms of being around long term.

Just don't buy TRX lol. You could play your hand at the Doge coin. Not saying it will work (and most people in this thread won't touch it), but it's worked for others.

Too late for doge...

You people are setting others up for failure

 

[sneakaprince]

What’s your ratio like in terms of stocks vs crypto? Might withdraw some of my stock options soon. I’m thinking long term in all of this btw. Market fluctuations don’t bother me. Thinking of making it bout 30/40 crypto and stocks

It’s currently
30% Savings includes time deposits, money in savings account
55% stock market
15% crypto

Now this is a good question.

Everyone differs, personally I'm cash poor at this time.

Cash (savings) would probably be 5% of my liquidity,

Another 3% or so in stablecoins.

I have maybe another 5% in traditional stocks and ETFs (not including 401k).

Everything else is crypto.


However I make way more than I need to survive every month. I have a couple rental propertiesand a solid amount of equity in each. I rarely if ever feel strapped for cash, even when issues arrive in my rentals I can usually cover it out of pocket or from my own salary.

I'm a true believer in a lot of my coins and crypto has worked out well for me. I cant advise anyone on where to put their money. I actually divested from a bunch of stocks recently because the crypto money was just that much faster.

 

[Arthur Shelby]

 

[ballinsam23]

50/30/20

Stocks, crypto, savings for me.

 

[sneakaprince]

Being honest my portfolio wasnt intentionally set up to be so crypto heavy. Certain bags I been building just took off over the last year or so and my stocks didn't.

 

[townbidness]

I got 12 months of mortgage in my savings.
Max out roth ira.
The rest into crypto.

 

[mplsdunk]

I planned on not going hard on crypto, didn't work.

what I have actually put into crypto is about 50% of my savings at the moment but I'm also a seasonal construction worker so my savings come and go but I always keep a minimum in there (which I'm at ) but working 70 hours a week all summer I can save up real quick again. I haven't been putting any money into stocks really, just 100 here and there. but I do have a Roth IRA as well and a pension as far as retirement is concerned.

crypto is kind of an early retirement fund if I can ever hit it that big or build a house. if staking options are still good though it will be retirement.

 

[friscostylez]

Only investing in crypto from now on

 

[geno90221]

About to throw another $10K into ETH

 

[townbidness]

I got Calpers pension and a Deferred compensation plan but im trying to make some moves now. Hopefully retire early

 

[ajiiiplatinum]

Ok to invest in alt coins searching for the golden ticket but Imo Bitcoin should makeup the largest part of portfolio.

Two things that set bitcoin apart
-Greatest adoption
-limited and capped circulation
-No CEO

Sometimes the simplest things are the best.

 

[ajiiiplatinum]

I planned on not going hard on crypto, didn't work.

what I have actually put into crypto is about 50% of my savings at the moment but I'm also a seasonal construction worker so my savings come and go but I always keep a minimum in there (which I'm at ) but working 70 hours a week all summer I can save up real quick again. I haven't been putting any money into stocks really, just 100 here and there. but I do have a Roth IRA as well and a pension as far as retirement is concerned.

crypto is kind of an early retirement fund if I can ever hit it that big or build a house. if staking options are still good though it will be retirement.

Flourish fam

 

[mplsdunk]

appreciate it, finally got the job thing figured out where I can actually have money to invest in some things.

 

[friscostylez]

Sell stocks, etfs, and mutual funds and put it all crypto?

 

[johnnyredstorm]

Before we start blindly fomo’ing in here and getting rekt and then ignoring crypto until the top of the next cycle, let’s be level headed, have perspective and create a plan.

if you can afford to grab a full eth or more, understand the potential risks at this point. Also understand the risks of not buying any eth.

I started DCA’ing this weekend. Very late, missed the move big time, but it can keep going. As we see sell offs I’ll start to increase my buys down the line. If we don’t see sell offs, I’ll continue DCA’ing.

if you DCA’d at the peak of the last cycle in bitcoin at ath’s and keep buying just $100 a weeI, at the lows last March, you had more value than money invested. Use time to compound and work for you.

 

[johnnyredstorm]

Sell stocks, etfs, and mutual funds and put it all crypto?

Apes always come in strong at the top, send us on a last push and then sell the lows.

y’all were warned. Be cautious, dca.

 

[mplsdunk]

yep, I only make big *** buys on dips and when I'm going in on something like amp.

its all fun and games now but you guys remember what you were saying when it hit 1400 a few weeks ago?

 

[shazay]

Took profits on ETH in the $3-4 k range. 17-23x return on investment. Gonna use the funds on a down payment on a second house. Got plenty left for whatever comes next.

Spoiler: 2020

Lets just not talk about the crypto I sold last year

 

[D Double]

Shiba is listing on Binance so no more need for Uniswap and its high fees.
For those who can't get on Binance, it's also on Gate.io btw.

Putting all the dog talk aside for a bit.

The big one, Dfinity is lauching today. Straight to Coinbase Pro and other major exchanges.
There will be a dump from airdrop participants but after that it's going to moon.

Definitely one to look out for if you can catch a dip. I think it's going to the top 10.

 

[iheartboost]

Yo for anybody second guessing or thinking its too late, I got in on ETH around 1700 in Feb, three months later it's over 4k...