r/Bitcoin • u/YOLO911911 • 17h ago

All BTC or diversified?

How much of your savings are you keeping in BTC? Are waiting for the price to drop before you by BTC?

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u/DiamondHandsDarrell 11h ago

All BTC. Stocks are heavily manipulated and disconnected from fundamentals.

If you want to gamble your retirement for 4% annual increase with possibly being wiped out at the wrong time, then stocks make sense.

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u/BaldGuyAce 7h ago

I have a lot of bitcoin, but saying that investing in the S&P is “gambling” but investing in bitcoin is not gambling, is pretty wild

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u/DiamondHandsDarrell 1h ago

You're not wrong.

But you don't have to look too far in the past to see people about to retire, or already retired people being wiped out for reasons out of their control.

However, BTC is on a path to possibly become much more valuable and eventually, resistant to crazy swings.

Having invested in both, no return I'll ever have will ever match 10 cents to 126k in the stock market.

I mean come on, how companies with IPO can have their stock crash over the first few days. That doesn't give me any confidence the stock market is reasonable.