galeno
Commander
KISS & STC
Posts: 221
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Post by galeno on Feb 28, 2021 21:01:23 GMT
youtu.be/Zz6RK361GxoThe above video is an excellent argument in favor of old seasoned retired investors like us buying and holding perhaps 5% of port in bitcoin. I'd like to know what other veteran investors think about it. If you asked me about my opinion regarding Bitcoin before I saw this video I would dismiss Bitcoin as a modern version of the Tulip Bulb mania. Anyway. What do you think?
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Post by steadyeddy on Mar 1, 2021 1:16:32 GMT
I intend to hold no bitcoin.
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Post by Chahta on Mar 1, 2021 13:09:24 GMT
I have no clue how it would benefit me.
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Post by uncleharley on Mar 1, 2021 14:40:50 GMT
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Post by steadyeddy on Mar 1, 2021 16:49:22 GMT
In younger days I used to set aside "fun money" but now that I am approaching retirement I have no "fun money" thus no intention to buy bitcoin.
The way BC is flying it could attract some government "help." Be careful out there.
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Post by retiredat48 on Mar 1, 2021 17:01:04 GMT
We have a thread going on bitcoin...why create a second one?
I replied to your same post on that thread, in the PDM Forum.
I will be posting re bitcoin there.
R48
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Post by Capital on Mar 1, 2021 22:14:06 GMT
Still have no idea what I own if I somehow owned a bitcoin.
Of course I never have and never plan to do so.
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Post by Mustang on Mar 2, 2021 0:18:44 GMT
My brother has been investing in bitcoins for many years. Of course as a tandem instructor he also regularly jumps out airplanes. He has been trying to get me to invest in bitcoins. No thanks.
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Post by Chahta on Mar 2, 2021 13:13:41 GMT
My brother has been investing in bitcoins for many years. Of course as a tandem instructor he also regularly jumps out airplanes. He has been trying to get me to invest in bitcoins. No thanks. How has he done? Does he have a cost basis? Is he buying now? |
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Post by Mustang on Mar 2, 2021 16:51:35 GMT
My brother has been investing in bitcoins for many years. Of course as a tandem instructor he also regularly jumps out airplanes. He has been trying to get me to invest in bitcoins. No thanks. How has he done? Does he have a cost basis? Is he buying now? His exact response is , "I've made a lot of money. The taxes are painful. I just bought $3,500 last week." |
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hondo
Commander
Posts: 145
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Post by hondo on Mar 3, 2021 16:03:00 GMT
I'm out.
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Post by rhythmmethod on Mar 3, 2021 23:12:24 GMT
I'd rather drink pool water after the kiddie swim than invest in $#itcoin. I think this will end badly.
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Post by steadyeddy on Mar 4, 2021 3:39:00 GMT
The original use case for Bitcoin was for it to be currency with no government engagement. Currency is supposed to be stable, and bitcoin is anything but that.
This movie has a bad ending.
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Post by bb2 on Mar 24, 2021 17:41:25 GMT
Yet another video that is nothing but a sales pitch. I didn't hear one thing that wasn't sales BS. Nothing of substance. The guy was reading a script, for god's sake. The same kind of stuff I've been referred to for years now. Too bad I'm not a sucker for a sales pitch - I'd have a mint by now. By pure luck. Listen carefully for the music to stop if you put your 5% in.
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Post by Capital on Mar 24, 2021 22:43:37 GMT
I'd rather drink pool water after the kiddie swim than invest in $#itcoin. I think this will end badly. |
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Post by anitya on Mar 24, 2021 23:03:13 GMT
Bitcoin is one of the worst non-ESG asset but somehow has so far escaped the ESG patrol scrutiny.
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