Bitcoin

“Bitcoin that has been finally forfeited to the federal government will be the foundation of the Strategic Bitcoin Reserve that President Trump established in his March Executive Order.

In addition, Treasury is committed to exploring budget-neutral pathways to acquire more Bitcoin to expand the reserve, and to execute on the President’s promise to make the United States the ‘Bitcoin superpower of the world.’”




That's how I interpreted that too.

Not your keys not your coin


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I mine bitcoin, but its solo and not pool mining. All or nothing for me haha. And no I've never mined a block and don't expect to but its worth the shot
 
Bought $100 worth in 2016 with a company called Circle, it went bankrupted and cash it out 6 years later with about $5k
 

SEC chair says ‘crypto’s time has come’ as US pivots to support industry​

America’s top financial regulator is doubling down on making the country the crypto capital of the world.


Speaking in Paris at the OECD’s inaugural roundtable on global financial markets, US Securities and Exchange Commission Chairman Paul Atkins declared that “crypto’s time has come” and vowed to end years of antagonism from the regulator.



 
Just found this thread. Curious - what our everyone's goals around their belief and investment around BTC?

(Serious responses only. Only referring to BTC, not Alts).
 
For the long term BTC and ETH are the major players. The other hundred thousand alts are just that, alts. Buying and selling alts can get expensive for the average guy percentage wise.
 
For the long term BTC and ETH are the major players. The other hundred thousand alts are just that, alts. Buying and selling alts can get expensive for the average guy percentage wise.
Sure, but where do you stand on your belief and investment strategy re: BTC?
 
Sure, but where do you stand on your belief and investment strategy re: BTC?
I have no long term strategy. I'm holding a full BTC I paid 53,210 for. If I ever need the money I'm going to sell it. I'm retired so I think differently about long term investing. If I were to advise anyone, I would say BTC and ETH only and watch the market closely. You can get hurt in the short term so only invest what you don't need access to in the short term.

BTC logo
Bitcoin
BTC
$117,629.560.01%1.68%2.73%$117,688.60
1.0005 BTC
$53,210.00+$64,451.89
121.07%
 
Just found this thread. Curious - what our everyone's goals around their belief and investment around BTC?

(Serious responses only. Only referring to BTC, not Alts).

2/3rds of my total Bitcoin is now held as ETFs in my self managed IRA. Those ETfs are up ~90% currently. My strategy is this: use my 401k for the slow, boring reliable growth. With my self managed accounts, I'm willing to accept more of a risk to reward ratio, so that account is currently sitting at 66% BTC and ETH. No plans to touch either for the foreseeable future as the strategy is to use those holdings to supercharge my retirement accounts in a tax free account. I expect we'll see staking for the Ethereum ETfs in the near future so that should start paying a ~2% interest return. My holdings in Ethereum and Bitcoin are about equal, though I hold much more actual Ethereum vs ETfs since since it offers staking returns which have been growing or the last ~6 years or so.
 
2/3rds of my total Bitcoin is now held as ETFs in my self managed IRA. Those ETfs are up ~90% currently. My strategy is this: use my 401k for the slow, boring reliable growth. With my self managed accounts, I'm willing to accept more of a risk to reward ratio, so that account is currently sitting at 66% BTC and ETH. No plans to touch either for the foreseeable future as the strategy is to use those holdings to supercharge my retirement accounts in a tax free account. I expect we'll see staking for the Ethereum ETfs in the near future so that should start paying a ~2% interest return. My holdings in Ethereum and Bitcoin are about equal, though I hold much more actual Ethereum vs ETfs since since it offers staking returns which have been growing or the last ~6 years or so.
Good strat.
 
Just found this thread. Curious - what our everyone's goals around their belief and investment around BTC?

(Serious responses only. Only referring to BTC, not Alts).
Goals=Protect the fruit of my 42 years of labor from our Governments accelerating debasement of the US Dollar.

Belief=We are in the beginning stages of institutional and Nation state adoption of BTC as a store of value. Retail will follow. I believe BTC will surpass Golds market cap within 5 years.


As of now I have 3x'd my investment in BTC.
 
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