Global Feed Post Login
Replying to Avatar HODL

Everything is shitcoin compared to Bitcoin.

This is a car I’ve always liked. The 2005 ford GT.

I was watching a video about it and the guy said it was an “investment grade vehicle”.

So I ran some numbers. Good models go for 500-700k and he expects them to trade for 3.5 million in twenty years.

A 6x seems pretty good right?

The Saylor number is 13 million a coin over that same time.

Spend 5 bitcoin on a car you make 6x on?

Or wait and buy 18 of these cars later.

The decision is obvious.

The 2005 ford GT and every other “investment car” on the planet is a shitcoin.

Still a great looking car though.

Avatar
2Pac 5mo ago 💬 1

Only works if you can buy the car near the top and sell it to stack at the bottom and have the fun of ownership in between but that requires enough skill and patience to be able to time the market.

Reply to this note

Please Login to reply.

Discussion

Avatar
2Pac 5mo ago

Investment cars are not very liquid either could take a long time to find a buyer at the price you want.

Thread collapsed