There are various levels of engagement. No one,of course,knows the future. Even on these boards,there are investors who see real estate as a drain compared to pure BTC. I am still relatively diversified.Renting a property and being at the mercy of a landlord,being caused to move at inopportune times etc doesnt suit my style so I will always have some form of real estate,regardless of its value ratio. But you are correct,Bitcoin is in its infancy and for now everything goes down in value in comparison. There will always be the haves and the have nots.Anyone thats caught the Bitcoin move,Im sure can list opportunities in the past they have missed. The best way to gain is to have an allocation and not get left behind.Just in my opinion of course and everyones circumstances are different. I'll try to find an article that can illustrate the 'everything goes to zero versus btc' better.
(SEMAFOR) Alternative Investment MicroStrategy bought more bitcoins, doubling down on its status as a publicly traded crypto hoarder. The software company, which pays its board members in crypto, now owns $30 billion of bitcoin and swapped its once-staid shareholder base for an army of believers. MicroStrategy is trading at a 157% premium today to the value of its bitcoins, which makes it an expensive way to own crypto. It’s also costly to own the enterprise software firm, trading at a 4,540% premium to companies with comparable revenue. Meme on. Bitcoin enthusiasts are expecting much from a Trump presidency, starting with a crypto-friendly head of the Securities and Exchange Commission. A blockchain lobbying group upped the pressure yesterday on sitting chair Gary Gensler to resign.
@johnarb so you will take in account previous halvening rallys but neglect previous retraces that followed previous halvening rallys? lol For the record...only 100k by January would be a disappointment when compared to previous rallys.
I have posted multiple times to wake me up at 183k...I have not only posted my projection, but the resulting retrace as well, while you guys are fixated on 100k that USDCAD already breached over a month ago lol. Here: