BTCUSDMOVEW20210101
Bitcoin January 1 2021 Weekly MOVE Contracts
crypto

You're wrong, you can use DEX aggregator like
https://switcher.finance/,
it has better rates than CEX and no counterparty risk (I lost 6 figures on MEXC when i deposited BTC to just
convert to USDT..)

Many cryptos did good last cycle tho. BnB, XRP, SOL outperformed BTC rois and bunch of other alts and memes too. But the question is did you take profits or kept holding and rode all the way down?

That's not how it works in this market. Crypto futures are mostly a cash settled market not a physically settled market.
Physical coin settlements for futures is actually pretty rare in crypto.
So no, you don't trade more BTC than what's available on the market. You just trade with what's available on the other side of the trade.
But you do trade more volume and trade sizes than what people actually have in their pockets, because of margins.
So between futures and bots, we always get the illusion that there's way more money and move volume in this market than there actually is.

Yes, I understand your point. Diversification is everything. It looks bad to tell people to buy index funds when you are all in BTC. Are you a registered representative?

Haha. Just like clockwork BTC edged up again
A few hours after I posted this :)

Depends on risk tolerance. I’m all BTC after learning the hard way

Just leave $4K to buy 0.1 BTC when it happens

Now there's more paper BTC than ever. From now on, prices go up when there's a delivery/physical squeeze.

The long term footing is the investments and second hand/refurbishment market, as those are unlikely to disappear. So the question of GameStop's future lies in the cash, BTC, eBay shares, retro gaming, gaming retail items and storefronts. It will require more than just collectibles, although collectibles are likely to continue forever.
If you had to look at Collectors, who owns PSA, reaching a valuation of $4.3b - what does their long term future look like? Bearing in mind their entire business is focused on collectibles.

At current valuations BTC is roughly 15% of my net worth. At its highs it jumps to 30-40%. I dollar cost average only. I do not pay attention to prices and I do not time the market. I’ve been purchasing since 2018 and I’m happy with the strategy. It’s safe, risk averse and Im not investing any more than in willing to lose(although I’d be pretty upset if BTC goes to 0). I also contribute to 401k,l and max out my IRA, both of which strictly invest in 3 different broad market index funds. I’m on track to retire by 65 without crypto, assuming there’s no major societal collapse and the stock markets crashes. At that point my greatest investments are my firearms. 😜

the risk I see is LSTs becoming store of value instead of ETH. Otherwise I tend to agree with your conservatism. I think part of why the monetary premium of ETH is lower than BTC is because of the uncertainty about policy constantly evolving. just my 2c I am certainly not part of the gigabrain debates

Saw this on Twatter. Buy McDonald’s apparently. Drawdowns from highs:
Indices: SPY −3%, QQQ −8%, MAGS −11%
Mega cap: MSFT −31%, TSLA −36%, META −24%, GOOGL −22%, AMZN −16%, NVDA −12%, ORCL −65%, PLTR −41%, NFLX −46%, UBER −32%
Software: INTU −65%, TEAM −61%, ZS −59%, NOW −56%, WDAY −49%, ADBE −44%, CRM −43%, SHOP −39%, IBM −38%
Semis: SMCI −50%, SNPS −43%, ARM −37%, MRVL −36%, LRCX −27%, AMAT −24%, AVGO −21%
Emerging growth: OKLO −77%, RBLX −68%, UPST −68%, ACHR −65%, JOBY −64%, QBTS −63%, IONQ −60%, TEM −56%, HIMS −54%, APP −47%, CRWV −47%, IREN −47%, RDDT −40%, ALAB −35%, HOOD −34%
Crypto: BTC −49%, ETH −63% (−70% at the lows), MSTR −78%, BMNR −77%, COIN −60%, SOFI −49%
Space: SPCX −40% from its post-IPO high, back at the $135 offer price after the largest IPO in US history. ASTS −56%, RKLB −54%, LUNR −71%, RDW −65%, VOYG −50%, FLY −72%
Metals: Gold −27% from its January record, Silver −53%

BTC is the only diversification. All other assets are in your government basket, don’t drop it.

Congratulations! 🎉 You've officially entered the "checking your portfolio 20 times a day" club. 😄
Jokes aside, consistency beats trying to time the market. On to 0.2 BTC!

If you like BTC, this year (until August 2027) may be your last chance to accumulate below $100K.

BTC should be a good short here down to 55k. Puts on MSTR

All BTC

I’d love to hear why you think BTC is the same as a publicly traded company.

1 BTC is also a goal, but that seems so far away atm. So, 0.2 it is 😂

Where I live: All BTC. No point to deversify cuz they are all shit.