Apparently everyone here bought low. The mkt cap of all the claimed holdings of btc on ET is 1,7 TRILLION Not a single person on the internet bought at 16, 17, 20 000,
Bro, i hate to break it to you but I'm not a noob. Been in bitcoin/cryptos since 2013 and seen the nasty 2 year bear market in cryptos you don't know anything about You on the other hand are a bitter no-coiner and hope you stay that way
If you are not a noob, your comments are even more lame. Your assumptions and conclusions of what may be in my portfolio even further off.
Here are some to start with. May have to research where they are now: CMGI ICGE (Internet Capital Group) CMRC (Commerce One) The globe .com Yahoo Netscape Alta Vista Lycos Compuserve Prodigy Geocities America Online (AOL) ...and tons of others (many bankrupt or delisted). Its easier to remember the survivors like AMAZON
I'm not assuming anything, our discussion centered around spending investment assets like spending cryptos. If you hold cryptos, good for you. I hold cryptos and I spend cryptos so I'm not talking about a process I don't have experience in.
I recall a research note by DB (I think) where they showed that if you bought X top computer stocks (I think 50 or something like that, selected and weighted by market cap) at the time and kept the whole portfolio, you would have still beaten S&P 500 handsomely. The thesis was that investing in disruptive companies is a scary but profitable idea.
It depends. My father got back to even and more, but he didn't invest in those crazy .com's that had no earnings and ended up bankrupt either...there were plenty that ended up worthless.
That's interesting...I buy all that stuff too, but I don't own any cryptos...how on earth can I do that? Yes, I'm a non-coiner...but I've made a living trading for decades, but the 11 years I've been on ET I've never put anyone down for not being able to do the same, though.