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Where are you in your #bitcoin journey a.k.a. Rabbit hole?

on March 26, 2024

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submitted by /u/kevinrb13
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http://dlvr.it/T4fwj5

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BREAKING!!! : Barry Silbert has RESIGNED from the board of directors of Grayscale Investments, LLC.

Bullish as hell in my opinion. Barry is a fraudster and this was probably a requirement for their ETF to get approved. submitted by /u/Bitbuyer313 [link] [comments] http://dlvr.it/T0cpqh

Nobody knows what's going to happen. Buy Bitcoin because you believe in it as an innovative technological advancement. Don't listen to predictions, don't time the market, just DCA, HODL, and trust.

I'm learning lately that every time you see a post where someone is very confidently stating what will happen to Bitcoin just completely disregard it. "The price is gonna go to ______ because ________ is __________ tomorrow" "ATH guaranteed ______ days after the halving" No one knows anymore than you do. Do your own research and trust in your own judgement. Bitcoin emerged as a technology out of necessity. After the 2008 Financial Crisis an intelligent generation became aware that the money we based our economy on was headed for the same fate as every currency from every economy in history: a complete devaluation. Bitcoin is the solution to that. That is why we are here, thats what this is all about. ATH's, 20% corrections, halving cycles, they're all rounding errors in the end anyways right? DCA, HODL, secure your coins, and go live your life. Quit price watching and quit predicting. God bless *edit: when I say trust I mean trust in your

What is your diversification strategy if any?

For a couple of years I've been 90% bitcoin 10% sp500. and then enough cash for emergencies. The reason I haven't gone 100% all in on bitcoin is only because I get a 401k match, and the best thing to get in that 401k is sp500. Many have said that an all-bitcoin portfolio is a terrible idea, even in this sub. But I still do it because I believe that other asset classes will bleed against bitcoin overtime because I think on the macro-scale, it will be bitcoin to back the value of all other assets. sp500, although it grows 7-10% a year, so does inflation. So after inflation, sp500 has only returned 1% According to SPX/USM2. I think bitcoin will demonetize gold and people will leave gold in favor for bitcoin as a store of value over the long term. I think that real estate is good, but you need a lot invested, and it comes with it's own problems. These are my reasons for wanting to go 100% bitcoin even though people in this sub tell me not to do it. So, since you guys do

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