Can we not clutter the Bitcoin price thread with bickering, thus taking focus away from the reality that you all are in the presence of likely the greatest price projection of all time! Especially considering back then most were calling for 100k...while I was saying 50ks before 100ks? (See my lost post)
The point is that a bond guarantees the principal to be returned, along with accrued interest, if held to maturity. Sometimes the safe thing may not be the best thing, but it is this assurance that the typical bond investor is probably seeking. He may have other tranches of his portfolio in more volatile assets, but clearly the bond component serves a purpose because it is there. I doubt that when those bonds mature that the proceeds will be placed into haywire cryptos. Perhaps those same investors already have some exposure to crypto in other components of their portfolio, but I don't think that matured bonds will be replaced with crypto. To think so is wishful thinking by dyed-in-the-wool crypto bros such as yourself.
English is my second language but I can tell time and I can read English, deaddog used the words "guarantee .... get your money back" and risk-free TODAY to describe US treasuries or government bonds You did not answer how much $100k invested in 10yr treasuries in 2020 would be worth today if sold on the market today? I will tell you now, that kind of loss is not a definition of risk-free
lol, ok you lost the argument and now name-calling, No, it is not hindsight, I was not the one that described US treasuries as risk-free TODAY but the DATA THAT WE HAVE SAYS THEY ARE VERY RISKY Call me another name again, but the DATA does not change
New Lotus Emira on deck...its arrived FINALLY...I just have to figure out a way to pay for it. Update: I just loaded up on Jul5 BITO 24.5 calls @ .09!!!??? (should have got in yesterday but we'll see.) Why are we talking about bonds? This is supposed to be a forum for elite traders. What's $100,000 going to get you on 5% $416 a month? You could make more money selling hot dogs.
And yet you refuse to tell us how much $100k invested in 2020 on risk-free 10yr US Treasuries are worth at the market today? Just so you know, there are retirees advised to go into bonds for 80% of their portfolio for safety, What would you tell the retirees of 2020 and 2021 that have a medical emergency today and need to pay bills and need to sell their risk-free assets? Keep name-calling me, but you are running away and why are you scared to provide answer to a simple question?