How many Bitcoiners will want to take some profits, then invest in VC funds betting on early-stage Bitcoin companies?
#asknostr
Discussion
Some will look like this 
Interesting 🤔
Are the profits being taken measured in cuck bucks or orange rocks?
How do you make orange rock profits from and orange rock?
In this case I am thinking about fiat gains in purchasing power being re-allocated into something else
At some point I can see myself doing that. Not yet though
Nice. That's what I am trying to get a gauge of in a way
I think that at some point it begins to make sense
Some might. You can always zap projects or devs working on stuff you'd like to see. Don't have to take profit either.
I feel Hodl is best strategy handsdown.
I've never really invested in high risk ventures. But its interesting to find out what is being developed.
Whats the minimum amount we can invest in vc?
Totally depends. Some syndicates each investment can be as low as 1k usd
But many of the funds are 250k usd minimum buy in
Yes I'd be interested. Please keep me posted Jake.
Where do u look for such opportunities? I'm definitely curious about whats being developed behind the scenes. Thanks. 👍
First I am going to get cracking with a podcast of my own again
Within a year or so, I'll open that audience up to some investment opportiunities
Can slowly build from there
Meantime you should look up Bitcoin VC funds
- Axiom
- Epoch
- Ten31
- Fulgur
- UTXO
- Bitcoin Opportunity Fund
- Tramell Ventures
Just to name a few
Thanks 👍
Just found your yt channel Jake, I've subscribed. 👍 Watched your video on Multi-generational-wealth, back story. Cool video. Look forward to further videos / podcasts when your ready. I think you will do great. 👌
You got a good podcast voice / style.
Go for it Jake! 🙈 Remeber to keep your eyes open, take it all in. 🐵.
Exactly 0
Bitcoiners are the ones who understand that when you say "take profits" you mean "trade btc for shitcoin" and when you say "Bitcoin companies" you mean "shitcoin companies"
They're not interested in working with you
Neither am I since I understand even more than them (I use doggie coin)
It will be more than zero that's for sure
I know of people doing it already...
then they're less of "bitcoiners" but that doesn't really matter, hope you run w successful and useful business 👍
Why are they "less bitcoiners"? Bitcoin needs infrastructure to be built by companies in order to survive...
At this point in my journey, I will never sell. But I may borrow against my Bitcoin one day.
I would like to see better debt products than currently exist
What products do you have in mind?
Good question
Non-custodial
Large ticket size
Physical real estate blended
Frankly I don't really know, it needs some thought
But what I do know is that I don't like the idea of leaving my BTC on a shitcoin casino for a 50% LTV in fiat, which then implodes, taking my BTC at half price...
Could go from 100% BTC holdings to
to 100% BTC + 40% Real Estate with 10-20% debt held on the BTC and 70%-80% debt on the real estate held.
That’s a 140% post bull market hard asset portfolio to weather a bear cycle.
- Keep holding your btc
- Borrow 50%-60% of the Btc value.
- Buy Real Estate with cash discount.
- Refi real estate to 70% (or 80% if it cashflows).
- Repay mortgage proceeds to btc loan.
- Ride into bear market asset heavy with safe debt margins on autopilot.
Risks? Gotchas? Benefits? What do you see?
This might work very nicely... Working on something similar
Thanks for sharing
I’m coaching local landlords on the reverse of this. If cycles continue and aren’t garbled up by a super cycle that eats the next bear market then it can be a back-and-forth ratchet. Constantly running numbers as the market materializes and evangelizing to local landlords how they can tap unemployed equity to a bundle of bitcoin alongside their portfolio that they can hold for the next 10 years. Talking to local banks (regional banks are even too big to change core policy like this) about implementing a bitcoin, friendly loan structure like we saw on Squawk Box the other day. It’s what I’ve been doing for years without bank participation anyway. So I can show that it works so far. Wish me luck.
My guess is not very many.
At some point I feel like some folks will be ok with reallocating a portion of their portfolio to something other than Bitcoin. The value & reasoning of this diversification would be non financial in nature though.
Quality of life improvements or hedging against meatspace risk is the driver I see them being interested in.
If borrowing against Bitcoin becomes more common & less risky, it would change things though.
I think Bitcoiners are generally quite aware & averse to risk.
There's lots to weigh up, I totally agree
Physical real estate as we've spoken about eg
Why take any risk when bitcoin’s risk-free savings is appreciating with higher returns than any VC company can reasonably be expected to return?
I would only re-allocate into a vehicle that I thought had the ability to outpace BTC
And in a position size reflective of the risk it goes wrong
Some interesting replies. Lots of skepticism, which I love
If everyone thinks something is a good idea, it's already too late!
nostr:note1w8s367r2s2vg9wt2c0kpwpj6l07dze0ah7hces0lmeha9r05psrqm3zjs5
Considering that only very few out of 100 startups survive and Bitcoin has an annual price increase of about 60%, it might not be a good idea
They would have cajones