Bitcoin

[fmyth]

I know I keep being thw Debbie downer here. But if its one of the least risky bets out there. Why "only put in what your willing to lose". I am asking sincerely. I have never heard that about something like the S and P 500

With the SP500 you are spreading your risk across the 500 largest publicly traded companies in the US.
Since its expansion to 500 stocks in 1957, the average annual return has been around 10–12%.
Bitcoin's average annual return is 230%. Volatility is the price you pay for the 20X returns. Not many people can watch their entire portfolio tank 80% without selling and locking in their losses. It takes a strong will to hold during these huge downturns like we are in now. I have 50% of my portfolio in BTC/BTC ETF's and BTC proxies like MSTR. I've been through several big downturns in the past and I continue to HOLD and add to my positions during these times. Why? Because I have conviction that BTC will continue to outperform every other possible investment over my time horizon.

 

[fmyth]

I know I keep being the Debbie downer here. But if its one of the least risky bets out there. Why "only put in what your willing to lose". I am asking sincerely. I have never heard that about something like the S and P 500

BTC is NOT "one of the least risky bets out there". I'm down over 1M as of this morning. Not many small investors can stomach that kind of volatility. I'd explain my BTC experience like this: One day I'm online shopping for an airplane, the next day I'm considering applying for a job at McDonalds. If you can't handle that roller coaster ride you should limit your exposure to a small percentage of your portfolio. I'm an entreprenuer, a dreamer, and I'm willing to accept the risk.

 

[JayRoot]

I know I keep being the Debbie downer here. But if its one of the least risky bets out there. Why "only put in what your willing to lose". I am asking sincerely. I have never heard that about something like the S and P 500

2020/22 I was down 20% in my index fond IRA. Took 3 yrs to get it back. It all has risk. Just have to decide how much you want to take.