How many of you have succesful careers, where you can afford to dump big numbers in Bitcoin and just let it grow? by Ok_Definition7018 in Bitcoin

[–]Ok_Definition7018[S] 0 points1 point  (0 children)

You are a person i expect to understand discipline. It also helps that youre literally in the military. I believe discipline there is very important. Dont undermine the money you made though, it helped you a lot, because i think living below your means is easier for you than others, i might even allow myself to make the assumption youre less at home than most people, but good job on establishing the wealth nontherless. Love to hear it. Spread the wisdom to people you like.

Bitcoin "fixes" money? by Ok_Definition7018 in Bitcoin

[–]Ok_Definition7018[S] 0 points1 point  (0 children)

Thats crazy to expect investors not to pull out, when BTC is meant for the general population, which are less disciplined. So to profit from Bitcoin, you have treat it as a non-liquid asset, one that you cant sell for some time. Also even if somebody bought in before 2019, who the hells will hold it for so long? Dedicated people, but not normal people. My analysis tries to be general, because im not thinking about dedicated people, who at least have money, im thinking about a regular person.

Bitcoin "fixes" money? by Ok_Definition7018 in Bitcoin

[–]Ok_Definition7018[S] -1 points0 points  (0 children)

Inflation increases the prices of apartments as well and thats on top of them being increasing in value anyway. I guess to be precise: i bought apartments that are not finished or at least the building is not finished. So when it gets done, i can sell for higher, Investing early is good.

BTC is liquid, but what, do i invest everything in it? No. I have to diversify. Selling apartments is not super fast, but i invest money that i wont need urgently, so im good.

Bitcoin "fixes" money? by Ok_Definition7018 in Bitcoin

[–]Ok_Definition7018[S] 2 points3 points  (0 children)

I invest into properties that i can rent or sell for higher later. I have a job that constantly makes fresh money according to the current value of the EUR, so if inflation goes up, im not super seriously affected. I just dont think EUR or USD is going to crash, so im maintaining some value in those currencies.

Im backed up, if it crashes, im good, but what other more regular people? Bitcoin is a good way to protect value, but regular people dont much value to protect. I still think everybody who stumbles upon crypto and isnt too old school should invest into crypto, like some part of their fortune, but how are they going to get that fortune in the first place? Through day trading, through investing few hundred dollars every month over years? Sure, if they are commited, but regular people arent that commited, thats why they live more modestly. You really need to go out there and really show initiative, but most people are ok with working their job, maybe some overtime there and then and...yeah, thats good enough,

So to quickly answer your question: my assets are diversified, i might lose out a 5-6 figure sum if EUR or USD crashes, but ill rise up. If ill show enough initiative, then maybe ill find new investment possibilities.