Bitcoin as an investment?

[Sooner or later]

Crypto on fire.

Bitcoin up 32% over the last month and 82% year to date.

I wish I owned more.

[wdfifteen]

If I could just unload all these Beanie Babies I'd be in Bitcoin! I wonder what a Beanie Baby is worth in Bitcoin.

[Sooner or later]

Originally Posted by wdfifteen

If I could just unload all these Beanie Babies I'd be in Bitcoin! I wonder what a Beanie Baby is worth in Bitcoin.

I own it in Blackrock's ETF. IBIT. 0.25% annual expense. Been in since Feb.

[zakthor]

The thread wouldnt be any fun at all if we all agreed.

Pro crypto people remind me of the declining seniors that send money away to their true loves and get angry when told its a scam.

[Sooner or later]

I was never really a pro crypto person. I only got into it when I could buy, hold, and sell it like a normal investment through Schwab at a reasonably expense.

It seemed to me that the ETF would make bitcoin ownership more palatable to a much greater number of people, like me. I can't complain being up 60% since Feb.

[stevej37]

Entering into my 70's, I find myself looking for safer investments than Bitcoin.
The last couple years I've bought into Coinstar.

It's safer and I've never lost any money. I haven't made much either, but I'm still hoping.

[speeder]

Even dogecoin has had a big jump in the last week since the election. It feels like we're moving into a scam economy with the DOW poised to take a big schit. You heard it here first. I've "made" something like $40k in the last week on stocks but today they are already coming back to earth.

People ask me how I feel about the election and I tell them, "it's like watching your mother-in-law go over a cliff in a new GT-3...mixed emotions, for sure."

[speeder]

Dogecoin more than quadrupled since October. October was 2 weeks ago. Makes Bitcoin at $92k look like an absolute slug.

[Eric 951]

They are building mining facilities (i.e. "data centers" ) like crazy. The amount of heat the servers throw and the amount of energy they consume is staggering.

[HardDrive]

I've never gotten involved with crypto simply because I don't see any difference between crypto and straight up gambling.

[Pazuzu]

Originally Posted by HardDrive

I've never gotten involved with crypto simply because I don't see any difference between crypto and straight up gambling.

Gambling only hurt you, maybe your family.

Crypto hurts random innocents. Between ******* with the economy, giving the crazy eyed dude down the street some sort of "I'm a millionaire now!" attitude, and as mentioned above, the fact that it's sapping the freaking electric grid dry.

Good stuff, let's keep supporting crypto.

[911 Rod]

Excuse my ignorance please. Can you cash in crypto?

[Sooner or later]

Taking a hit this morning.

[lowyder993s]

Surprised no one talking about Bitcoin above 100k!

[Sooner or later]

I'm up 114% since I bought in Feb.

[lowyder993s]

Originally Posted by Sooner or later

I'm up 114% since I bought in Feb.

Congrats!!! I've bought at 3 digits, 4 digits and 5 digits. and I'll I'll buy @ 6 digits too!

[Crowbob]

I’m going big time into tulips.

[KFC911]

I'm still holding out on buying..... waiting for.....

ever

One of my better investments .... haven't lost my a$$ on this one

[lowyder993s]

Hfsp!

[KFC911]

Originally Posted by lowyder993s

Hfsp!

ImagonnahaftausemyDuck