Quote:
Originally Posted by Wayne 962
I'm open minded, but my open mind requires facts and data. Where is the data on who is using Bitcoin for "real" (non-illegal, and non-storehouse) transactions. Also, who are the "best dev teams" you're referring to? I followed the Bitcoin Cash Fork discussions and debates - didn't seem to instill much confidence.
Post some links so that we can all learn...
thx,
Wayne
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Wayne, BTC is not near the best token for transactions, it is a store of value. I had mentioned XLM, Stellar.org earlier. Have you taken a look? I do not know where this is headed, but this is going to happen. The Gov. may shut it down for their own version, who knows. But, this is where it is going. Even as an old dude myself, I can see it.
I Put my own cash into BTC monthly along with several other crypto projects. I am in, just about 10% of total assets. The gains are unbelievable, just take a look at the tech. It is OK to be a no coiner, but at least take a look at what is actually happening in the sphere. You have major investments coming from main stream investment houses jumping in.
The dollar is chit, just another hedge. Nothing wrong with throwing money at something that has given 10x gain in the last year.
The crypto market is some volatile chit, not for the faint of heart if you are worried about 10% swings. All I can say is my swings have put me in 6 figure territory. I put put the majority of monthly investing into equities, but like some cypto.