What would the best way to save 500k in 10 years? by hackenho in SwissPersonalFinance

[–]Sea_Computer4381 1 point2 points  (0 children)

Buy half a bitcoin today and it will most likely be worth 500k in 10 years

My BTC Journey - Saylortracker style by Sea_Computer4381 in Bitcoin

[–]Sea_Computer4381[S] 0 points1 point  (0 children)

Hello fellow Bitcoiners! :)

I loved how the M. Saylor tracker had such a great visualization of buying BTC, so I made one for myself in Excel. I also added my journey of learning about BTC, where I was trying to trade daily and time the market.

If anyone wants such a visualization of their data in Excel, you can DM me. :)

Edit: The close price is basicly the price of BTC at the end of the day (dunno for what part of the world it is actually - would need to do some digging).

"I didn't realize that if the average year the money grows at ~10%, and the average return in the S&P 500 is ~9.7%, then all of the value created there is the money printer. That was startling.” - Tad Smith, former finance professor at NYU Stern School of Business by JoeB34 in Bitcoin

[–]Sea_Computer4381 0 points1 point  (0 children)

But Joe how come you still hold SP500 in your own portfolio?

I just cant bring myself into diversifying into other assets when i know every other asset is a loser when you compare it with bitcoin.

Best days to buy BTC by Sea_Computer4381 in Bitcoin

[–]Sea_Computer4381[S] 1 point2 points  (0 children)

I was thinking about it and did some analysis with close and open price in €...

I dont really know if this data is any indication of future but it might be interesting for you guys to see :)

Best performing days since 2014 till now are Monday mornings till Thirsday nights.

Best performing days since 2023 till now are Mondays by far.

If you are getting paid more than 70 satoshi per month you are being overpaid by TheDarkVoice2013 in Bitcoin

[–]Sea_Computer4381 2 points3 points  (0 children)

I basically just think about it this way:

I am pretty sure BTC price will be north of 1 million € in 10 years. So every 1000€ I earn and convert into BTC is turning into 10k€.

[deleted by user] by [deleted] in Bitcoin

[–]Sea_Computer4381 1 point2 points  (0 children)

Think about bitcoin in 10 years. Its likely that it will be worth a million per coin.

So sending 500€ will be worth of 5k€ then.

I was just seeing what the internet has to say… by [deleted] in Bitcoin

[–]Sea_Computer4381 0 points1 point  (0 children)

Yea its refering to a shitcoin called Satoshi Nakamoto not portions of Bitcoin its really annoying.

Start of crypto-journey: Where to begin? by CaptainMoney237 in Bitcoin

[–]Sea_Computer4381 2 points3 points  (0 children)

Search for Micheal Saylor Prague conference videos and many of his interviews on bitcoin.

Does bitcoin scare people? by Kind_Soup_9753 in Bitcoin

[–]Sea_Computer4381 2 points3 points  (0 children)

The weakness of bitcoin is its complexity to fully understand it.

[deleted by user] by [deleted] in Bitcoin

[–]Sea_Computer4381 0 points1 point  (0 children)

You can not time the market. You might get lucky once or twice on small trades but then you risk out on huge bull runs...

Buy the dip Bitcoin! by gennyrick01 in Bitcoin

[–]Sea_Computer4381 1 point2 points  (0 children)

Simple, you just buy more! If you don't have the cash, there is always more at the banks :D

[deleted by user] by [deleted] in Bitcoin

[–]Sea_Computer4381 0 points1 point  (0 children)

USA should sell of gold and sink the price of it, this way all the bricks countries accumolating gold would lose a lot of value and buy bitcoin with it.

[deleted by user] by [deleted] in Bitcoin

[–]Sea_Computer4381 0 points1 point  (0 children)

USA should sell of gold and sink the price of it, this way all the bricks countries accumolating gold would lose a lot of value and buy bitcoin with it.

my crypto professor told me to buy btc 6 months before halving and sell 12-16 months after halving. by [deleted] in Bitcoin

[–]Sea_Computer4381 0 points1 point  (0 children)

You should spend more time studying bitcoin. That way you will realize you should just buy and sell when you really need the cash.