Bitcoin

[william schmaltz]

XRP stable coin went live this morning. Massive signal for traditional finance and institutional players. Stable coins are becoming a cornerstone of global finance, and now institutions have a mechanism for cross-border payments facilitation, international trade, and even lending.

As institutions adopt, crypto becomes less and less “niche” and more mainstream. Crypto and blockchain are officially reshaping our global financial system and this is another flashing sign for everyone who refuses to educate themselves. Stay ahead of the curve!

 

[Historybuff]

XRP stable coin went live this morning. Massive signal for traditional finance and institutional players. Stable coins are becoming a cornerstone of global finance, and now institutions have a mechanism for cross-border payments facilitation, international trade, and even lending.

As institutions adopt, crypto becomes less and less “niche” and more mainstream. Crypto and blockchain are officially reshaping our global financial system and this is another flashing sign for everyone who refuses to educate themselves. Stay ahead of the curve!

 

[280Ackley]

So say you guys had $10K sitting savings doing nothing what would be your play?

 

[Brock A]

So say you guys had $10K sitting savings doing nothing what would be your play?

Watch this bull run play out, then spend the next 2-3 years researching and learning, then invest your $10K in coins you like and then sell them in the next bull market in 2028

 

[zdc1775]

I got in by mining very early on, late 2009 through early 2011, eventually mined a little over 150 coins and then stopped and let it ride for a few years. Sadly I also sold out too early when it first hit $1,000. Since then I've started buying some here and there since 2018 and also added some Doge and Ethereum to diversify. All in all they have been sound investment decisions, except selling what I had so early, but that did mostly go toward paying for my wife's college degrees and paying off everything else but the house.

 

[IBen]

So say you guys had $10K sitting savings doing nothing what would be your play?

If it was me Id just put it all in. Or divide that amount and make scedule monthly or weekly buys over 1-2 or even 3 years.

 

[Historybuff]

So say you guys had $10K sitting savings doing nothing what would be your play?

All in bitcoin. .1 bitcoin is massive. Study bitcoin. Or buy microstrategy and tesla stock. These are long term multiple year plays. Do not buy "altcoin" crypto crap. You will get destroyed. It's all going to zero against bitcoin.

 

[Historybuff]

10k in bitcoin 5 years ago would have been about the best you could do in any market. The next 5 years will make this chart look like child play. And believe or not people are still willing to sell you bitcoin for your government peasant vouchers. Get some while you can

 

[Poser]

I was reminded the other day about the guy who, back in 2010, famously bought a pizza using bitcoin. The cost was 10,000 btc.

 

[Doc Holliday]

I was reminded the other day about the guy who, back in 2010, famously bought a pizza using bitcoin. The cost was 10,000 btc.

That’s freakin brutal

 

[Poser]

That’s freakin brutal

What does a 1 billion dollar pizza taste like?

 

[fmyth]

So say you guys had $10K sitting savings doing nothing what would be your play?

I'd buy 5k in BTC and 5k in MSTR.

 

[dsotm]

I'd buy 5k in BTC and 5k in MSTR.

Vanguard wouldn’t let me buy bitcoin ETF so I bought MSTR in my Roth, shaved a few years off my retirement

 

[knale87]

What’s the difference between buying BTC through an etf vs BTC say through Coinbase?

 

[MountainTracker]

What’s the difference between buying BTC through an etf vs BTC say through Coinbase?

Fees, not your keys not your BTC, ETFs are not paid out in kind but is paid out in cash.


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[MountainTracker]

In case you weren’t paying attention, BTC new ATH today. Tick Tock


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[Poser]

So say you guys had $10K sitting savings doing nothing what would be your play?

Assuming you are asking about putting this into Crypto, I personally would throw $500 into XRP at the <$2.50 price point, DCA the other $9,500 into Bitcoin and Ethereum.

 

[DAOutfitters208]

So say you guys had $10K sitting savings doing nothing what would be your play?

Tulip bulbs or Beanie Babies.

 

[Craig Van Arsdale]

What’s the difference between buying BTC through an etf vs BTC say through Coinbase?

Neither of them are direct ownership in the underlying therefore when/if you decide to move the coins down the road and wish to collateralize it then the move will be a taxable event.

Buy BTC and move to cold storage.

 

[IBen]

Tulip bulbs or Beanie Babies.

Wrong thread