The Rokslide Stock Traders Thread

Bitcoin has fundamentals. It's the hardest asset, best money there is. There is states, nations, and the united states filing paper work and pushing hard for strategic bitcoin reserves now. Pensions, corporations and billionaires are buying it up. Wallstreet etfs, Larry Fink and blackrock are loading up. Game theory is going to kick in and the race will be on. It's going to 100k to 150k by Christmas. 1 million as soon as next year or by 2030 at the lastest. And then to 13 million plus. Fidelity says it could be 1 billion by 2038. You might want to get some incase it catches on.
 
I’m yet to be convinced about BTC, and this article about MSTR sums it up with the fact that Bitcoin has no fundamentals. But idk, lots of people making money and I’m sitting here skeptical.

https://www.fool.com/investing/2024/11/26/short-seller-slams-microstrategy-is-the-michael-sa/
Yeah, you and me in the same boat. Almost seems too good to be true.

Before I risk any of my money, I’ll just sit back and watch. see how it holds up during the next down cycle and maybe I’ll ease my way in
 
Yeah, you and me in the same boat. Almost seems too good to be true.

Before I risk any of my money, I’ll just sit back and watch. see how it holds up during the next down cycle and maybe I’ll ease my way in

Are you wanting to see if it dips lower than what it is? With the adoption @Historybuff listed there is a good chance it doesn’t dip as far as it has in the past, because of the adoption.

I’d keep encouraging people to read/learn about btc, look at the direction our currency is going and all the other signs. I’m not saying it won’t dip, it most certainly will, but those dips will be less violent and often.

With the low volume this week bc if the holidays there will probably be good buying opportunities across the board.


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Yeah, you and me in the same boat. Almost seems too good to be true.

Before I risk any of my money, I’ll just sit back and watch. see how it holds up during the next down cycle and maybe I’ll ease my way in
I bet alot fo people that had a change at BTC back in 2011-2015 at a low price are kicking themselves now. I know I am, I had 450 back when it was about 2 bucks while I was still in the Army, got hard up so I thought and sold it. Man what a dumb ass I was.
 
Are you wanting to see if it dips lower than what it is? With the adoption @Historybuff listed there is a good chance it doesn’t dip as far as it has in the past, because of the adoption.

I’d keep encouraging people to read/learn about btc, look at the direction our currency is going and all the other signs. I’m not saying it won’t dip, it most certainly will, but those dips will be less violent and often.

With the low volume this week bc if the holidays there will probably be good buying opportunities across the board.


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I fully understand where our currency is going. and, like you, hope btc evolves into a store of value in a world of fiat currencies.Time will tell and institutional adoption is encouraging.

But I will not look back and say “coulda, shoulda” be it btc, AMZN, or NVDA. I’m more of a slow and steady wins the race kind of person.

With 20/20 hindsight, I’ve learned I’m a financial genius but investing forward, not so much!
 
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I fully understand where our currency is going. and, like you, hope btc evolves into a store of value in a world of fiat currencies.Time will tell and institutional adoption is encouraging.

But I will not look back and say “coulda, shoulda” be it btc, AMZN, or NVDA. I’m more of a slow and steady wins the race kind of person.

With 20/20 hindsight, I’ve learned I’m a financial genius but investing forward, not so much!

BTC can only store as much value as someone else is willing to buy it from you for.

Similar to gold, but at least gold can be made and used in other things. BTC no so much. It’s a speculation play, one that has made people rich, but let’s not confuse it for what it is.


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BTC can only store as much value as someone else is willing to buy it from you for.

Similar to gold, but at least gold can be made and used in other things. BTC no so much. It’s a speculation play, one that has made people rich, but let’s not confuse it for what it is.


Sent from my iPhone using Tapatalk Pro
From that article I linked: “Bitcoin is a high-risk asset that mostly trades on vibes, and it has no fundamentals. In many ways, that makes the cryptocurrency the ideal asset to create a bubble since it can theoretically be pumped forever. There's no real basis to claim it's overvalued or undervalued.”
 
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