Subnostr

This TFTC podcast will make you bullish on #bitcoin number go up - but cautious and concerned about the repercussions of Blackrock owning/controlling so much Bitcoin.

And Fred Krueger may be a great example of people who just want to trust the ETFs because...

- they've made a lot of their money that way, or

- it is super convenient and doesn't run risk of losing your keys, or

- less likely to have Elizabeth Warren attack it, or

- you have a 401k that you can't move to an IRA and you want to have Bitcoin exposure without going to Microstrategy or GBTC.

In the meantime, while having eyes wide open about all of the above, this may be the best time yet to push whatever chips you have into the pot. I'm looking at other assets that I have like whole life and annuities (I'm 55).

https://podcasts.apple.com/us/podcast/467-the-etf-will-push-bitcoin-to-%24500k-with-fred-krueger/id1292381204?i=1000638310370

Joe Santamaria, MD 2y ago

Halfway through this. Definitely gives you that number go up bullish feeling and also agree with your post. Will be a wild ride, either way. Can see both sides on this one with institutions owning so much BTC vs. enhancing awareness, adoption, legitimacy, etc.

Placed my bets and got the hatches battened down!

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Discussion

BitcoinBadger 2y ago

Let's ride....and I actually have an IRA that is locked down because I'm doing a 72(t) - because I retired before 59 1/2. If I can't get the money out, I'd be up for allocating more to #bitcoin there.

I'm buying "for all the reasons", so my percentage allocation continues to grow. If I was young, I'd have started with an even heavier allocation and kept it up (and watch it outstrip all other asset values anyway). But at this point, we are keeping the house/cabin...gotta keep this IRA where it is...all else is negotiable!