Cryptocurrencies

[Buckeye]

21 hours ago, TwoCitiesCapital said:

You should probably spend that time in the sun. 

Apricate!  This is probably the best piece of advice in this entire thread! And it can be applied by everyone…for free!

Edited 2 hours ago by Buckeye

[tooskinneejs]

19 hours ago, TwoCitiesCapital said:

 

"no, Neo. I'm trying to tell you, when you're ready, you won't have to " 

 

But yet you do.  Some things are sticky.  Very sticky.  What convinces you that people are going to go from the current, easy, frictionless system to a more burdensome system?

[Paarslaars]

Because the easy system is robbing you.

[SharperDingaan]

2 hours ago, 73 Reds said:

Bullion as in gold?  To me BTC is a figment of very creative imagination, subject to hype, speculation and the end result of just about every widespread hype and speculation since the beginning of time.  Makes for a good gambling vehicle but what fun is it to gamble on something closely watched by the govt for tax purposes?  

 

Typically gold, held in a mix of physical and paper gold (futures, ETF, etc.), dependant upon need. The hype thing applies equally to bullion prices as well. The often quoted usage case for gold is also very biased - as the BTC alternative is still a  recent development (18 yrs from inception, vs 100's of years for gold).... one either accepts BTC as a viable alternative, or one doesn't.

 

The trading thing, is BTC as just another trading sardine; same as any other sardine, the expectation is that the opportunity is worth it, and tax man is watching, If you are willing to hold throughout the cycle (as you would if you hold BTC  for 'insurance' purposes), you can do very well. Every asset has to earn its keep .....

 

SD