OK so the golden question is, apart from holding bitcoin where do you suggest?
Anything in shitcoin casino involves custodianism
Anything in defi involves smart contract failure hack syphons
All of that incurs potential impermanent loss, total loss.
OK so the golden question is, apart from holding bitcoin where do you suggest?
Anything in shitcoin casino involves custodianism
Anything in defi involves smart contract failure hack syphons
All of that incurs potential impermanent loss, total loss.
Yeah no I am not suggesting the shitcoin casino. You'll get wreaked because it's always a race to see who gets out first.
Basically I'm a contractor and if bitcoin is not performing how I want I can invest in flipping houses or maybe buying and selling land.
But will that land appreciate faster than bitcoin? Somtimes it does. Sometimes it doesn't.
The idea is you find the best preforming asset ( that you understand) and dump your money into it.
But when bitcoin is at 150 -200k it will likely have a down turn l, because the cost of production will be like 44k who in their right mind is buying bitcoin off the retail market when it's 5x the cost of production?
In my opinion people shouldn't be so attached to their capital that they are unwilling to put it in an appreciating asset class that isn't bitcoin.
Yeah I hear you brother, gotta do what feels right for you.
I'm in real estate, when the interest rates were low it was great, now you're better off in the bank with zero hassle imo
Word. This is just a new strategy I'm thinking about. How to capitalize the most on your oppertunity cost.