K D Posted November 14 Posted November 14 Do it now. Yes, it's the most expensive it's ever been. Trust me, you can still get in on this. Once the US government creates a Bitcoin reserve, all other countries will need to as well to keep pace. This will be the greatest wealth transfer in history. 1 Bitcoin is likely going to be worth over $1 million. There's only 21 million forever and a bunch has already been lost. There's more millionaires in the US alone than there are available Bitcoin. Not to mention the rest of the world. It will likely hit 100k in the next few weeks and possibly 200-500k by next year. I've been telling friends and family since it was 5k to buy some. I had a chance to buy at $800 but I didn't understand it at the time. It's a store of value like gold. I've had friends buy alt coins thinking they already missed the Bitcoin boat so maybe they would get lucky with those but they aren't worth keeping long term. Go for the real thing. This is not financial advice. Ignore at your own risk.
rusty shackleford Posted November 14 Posted November 14 It is much more volatile and speculative than traditional investments but is worth it to have some exposure for it in your portfolio if you can absorb the higher risk. Buying a whole bit coin is expensive, but it is easy to get exposure through an ETF that holds only Bitcoin as it's asset. Gives the ability to invest just small increments there and still get the benefits (similar to ETFs on all sorts of commodities). 1
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