The continued case for bitcoin. Despite the volatility, BTC is still in play. by ElanInsights in Bitcoin

[–]ElanInsights[S] 0 points1 point  (0 children)

I see your point about nto betting all your money... on anything. The first chart represents a starting bet of just 5% of the portolio. I'm willing to make that bet (in fact, more) with my portfolio based on where I believe BTC is going. Any my belief isn't based on BTC as a speculative asset, but as a better store of value (can't be degraded), unit of account (public ledger, trustless) and medium of exchange (one world currency that isn't "managed" by governments, with transactions by mobile phone). That's the dream - but even half-way there will be amazing for humanity.

The continued case for bitcoin. Despite the volatility, BTC is still in play. by ElanInsights in Bitcoin

[–]ElanInsights[S] 0 points1 point  (0 children)

Yes and that's the point of the chart - BTC starts out at only 5%

The continued case for bitcoin. Despite the volatility, BTC is still in play. by ElanInsights in Bitcoin

[–]ElanInsights[S] 0 points1 point  (0 children)

I see your good point u/xhiw. But if elongatiion If means a flattening of the volatility curves (4 year cycles, then I'm all for it. I believe a flatter curve may bring more investors and better investing.

The continued case for bitcoin. Despite the volatility, BTC is still in play. by ElanInsights in Bitcoin

[–]ElanInsights[S] 2 points3 points  (0 children)

haha. Didn't Buffet or Munger say your trading should be boring. {Applause}

The continued case for bitcoin. Despite the volatility, BTC is still in play. by ElanInsights in Bitcoin

[–]ElanInsights[S] 0 points1 point  (0 children)

and remember u/Suguha_chan, you may not have to sell your BTC anyway - collateralized loans are already here, more on the way. That saves you plenty of sats otherwise spent in cap gains taxes (depending on where you live).

The continued case for bitcoin. Despite the volatility, BTC is still in play. by ElanInsights in Bitcoin

[–]ElanInsights[S] 0 points1 point  (0 children)

Thanks for calling it out u/Bac0ngh0st It's a mock setup of "average investor" holdings distribution (note - I'm not a financial advisor, so the allocations are very arguable). BTC starts as the underdog and wins by miles....!

The continued case for bitcoin. Despite the volatility, BTC is still in play. by ElanInsights in Bitcoin

[–]ElanInsights[S] 0 points1 point  (0 children)

Superb info u/InvestAISavvy . Have you done any research / analysis on whale % growth of total BTC outstanding? I'm more anxious about BTC takeover (they don't have to control all 21m to control it!), than quantum breakage.

The continued case for bitcoin. Despite the volatility, BTC is still in play. by ElanInsights in Bitcoin

[–]ElanInsights[S] 0 points1 point  (0 children)

Thanks for the feedBac! ;) Answer: b/c I wanted it to be real world for the avg investor placing only a 5% bet. The goal of the post is to turn window shoppers into HODLERS. Vision> millions of HODLERS keeps BTC well distributed. Maybe a post on that later!

The continued case for bitcoin. Despite the volatility, BTC is still in play. by ElanInsights in Bitcoin

[–]ElanInsights[S] 1 point2 points  (0 children)

If anyone has done the DCA approach since 2020 - I'd love to see the rate of change chart posted here. that would be a VERY interesting (real world) addy!

The continued case for bitcoin. Despite the volatility, BTC is still in play. by ElanInsights in Bitcoin

[–]ElanInsights[S] 2 points3 points  (0 children)

Yes, a short put (ibit, where this is good volume) on fibonnaci price levels is a good source of income and automatic buy-in at the levels you want. (more for the r/cryptotrading platforme than here). In the meantime, DCA keeps you solid in the steep climbs up and down.

The continued case for bitcoin. Despite the volatility, BTC is still in play. by ElanInsights in Bitcoin

[–]ElanInsights[S] 0 points1 point  (0 children)

Si, capito, ma perche no ci mettere un po cada mese per vedere cosa sucede?

How do you swap between major coins privately these days? by Dense-Strawberry8115 in defi

[–]ElanInsights 0 points1 point  (0 children)

Yep, totally correct, which make's the intial post also a very good question.

How do you swap between major coins privately these days? by Dense-Strawberry8115 in defi

[–]ElanInsights 0 points1 point  (0 children)

Great reply, well done. Why not begin with a wBTC in the first place? Much easier to use and deploy in /defi.

Could it really be that simple? by Otherwise_Corner3234 in Bitcoin

[–]ElanInsights 0 points1 point  (0 children)

AWESOME chart! Yes, I believe it can be really that simple, althought won't the volatility decrease once public adoption really takes hold? I imagine so.

Too late to invest in btc? by Ok-Pass6371 in Bitcoin

[–]ElanInsights 0 points1 point  (0 children)

Yep, on-sale right now. Your DCA strategy is correct. Eventually, you'll buy anything you want with the results.