I liquidated my mining stocks in my IRA account. I'm not buying any IBIT, fuck that, but I've got some cash. Who wants to give me investment advice? I'm thinking of putting a little into a gold index fund for funsies so I can watch mandibles happen in my account, but open to ideas from the people. Maybe a 100x leveraged meme coin index? That must be a thing by now. nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqtxwaehxw309anxjmr5v4ezumn0wd68ytnhd9hx2tmwwp6kyvtjw3k8zcmp8pervct409shwdtwx45rxmp4xseryerdx3ehy7f4v3axvet9xsmrjdnxw9jnsuekw9nh2ertwvmkg6n5veen7cnjdaskgcmpwd6r6arjw4jsqgq6lcx8fc7h0p8t4ya9u0a92jnwavqe9rgjwwdw3wjgxfuxsz8rd5mths8c you have a hot take?
Discussion
I like tech stonks, I own them over ETFs in my fiat retirement accounts
If you use the service daily, own the stock
(For me that's Amazon and Uber)
That's a really reasonable take. I moved most of my fiat retirement account into a self-custody bitcoin IRA, so since it's self directed I like to use it to play games and have a little fun with it, so I'm exploring more adventurous (but notwithstanding my cheeky post, not stupid moves). Though, this conservative take is quite reasonable.
Early withdrawal, tax penalty, real Bitcoin.
Now's not a good time tho.
A couple years ago I moved the bulk of it into a bitcoin IRA, so now I just use the balance for funsies since its self directed. But this is a reasonable position Jay, thanks.
I did it myself, but at a much lower price, just to simplify things. It was worth it.
I still have an HSA, but I don't do many fun things in it 😅
MSTR? its what i have. I plan to watch the NAV increase over the rest of the bull and liquidate when it reaches between 4-6 - if that happens again
Ive got that one covered, wow has it done well for me. My retirement account "advisor" thinks I'm a genius and now he's asking me about bitcoin all the time. I will probably sell it off when shit gets frothy too.
Got my pops to buy MSTR in early 2020; his advisor told him repeatedly to sell.
He calls up my dad the other day asking him about it. And told him he got lucky.
M-F'er has the galls to call him lucky after making a risky investment and holding in through a painful bear cycle.
These fiat dummies 😂
Dude, I owned Tesla at 9 dollars in 2012 or 2011 I forget, and I got my dad in at $15/share, and his mfer retirement advisor had him sell everything at 24 so he could "diversify" since he was retiring. My dad would have two lambos today if people would just listen to the early thinkers. I of course had to sell at like 12 because I was a poor law student, but my dad certainly didn't have to sell.
FWIW nostr:nprofile1qyx8wumn8ghj7cnjvghxjmcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqqg964ld9dcutexqyw7mdtw4ajt6k2h9mymzzep5esmmncgmfdna4luj04397 , my dad doesn't have one lambo tho'.
At least he owns a little Bitty now though ?👀
As a family we've gone all in on XRP
I ran into an old friend (coworker) at costco a few months back. We found 'crypto at the same time and shared our interests often.
Since then Ive quit my job and mostly lost touch.
I went all in on the corn. He didn't buy a sat and went full degen on xrp. He looked depressed as fuck. Stressed to the max with half a cart full of garbage food.
Some brains are just not wired to see/admit the truths.
I feel more connected with NOSTR friends like you than irl normies 🤷
🫂
Ya, I'm depressed for the XRP people, it's not even their fault in some sense because the amount of propaganda, the sheer weight of their propaganda apparatus is unbelievably powerful. I think what saved me is that before I bot a single _SAT_ I spent a year trying to figure out why it would fail and go to zero. When I couldn't figure that out I basically went all in because what the fuck else is there to buy??!
All roads lead to bitcoin.
I played the degen altcoin game hard in the beginning.
nostr:nprofile1qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgpr9mhxue69uhhxetwv35hgtnwdaekvmrpwfjjucm0d5q3samnwvaz7tmswfjk66t4d5h8qunfd4skctnwv46qu7vtcc and nostr:nprofile1qqsywt6ypu57lxtwj2scdwxnyrl3sry9typcstje65x7rw9a2e5nq8sprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqy0hwumn8ghj7cnfw33k76twd4shs6tdv9kxjum5wvhx7mnvd9hx2wy9xgj saved me.
Fucking unbelievable timing finding these guys.
I dumped all my shitcoins at the top and made out (relatively) like a bandit flipping it all to bitcoin.
I was deep... even owned sandland if you remember snoop and his commercial 🤭. That was the top signal for me 🤙
Oh shit, I was lucky to skip that phase. The only shitcoin I've luckily done was an airdrop of some venice coin since I was using their product, which i promplty sold for a little cash. I almost went down the .eth hole but right before I got deep into studying it bored apes exploded and I was like wtf is this shit, and closed that door forever.
I was actually convinced blockchain was the future with my newb brain... then like you, I seen cat pictures trading for multiple eth's
Same time I found nostr:nprofile1qqs879mhq6kkuzh2wk57xdzanl76uem8d7hlyjd7v4a4jcm4u88d8ygprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyvhwumn8ghj7um9dejxjapwdehhxenvv9ex2tnrdaksucy6xj and by the time they turned me maxi It was the top.
Again I got extremely lucky.
Or maybe it was my determined researching for the truth that brought me to the conclusion.
Either way I'm blessed to have landed on NOSTR with all you fellow psychopaths 🫡
Bitcoin is the New Rome. All roads lead to it. And you can go there now
The roadmap exists for anyone willing to read 🫡
Sandlord is life. Big mistake.
🤣🤣
Kidding.
It could've been disastrous for sure. Thankfully I got out for a win before liquidity dried up 😎
A lot of luck tho!
I feel similar about my rental properties. Started buying in 2016. Added one every one or two years. Rents have gone up considerably.
But since the Vid, I have been focused on btc and maybe paying off a mortgage to increase cash flow. And roll the cash flow into btc.
Been a landlord my whole life.
Watching the growth of bitcoin really makes me think....
Bitcoin doesn't have renters with attitudes, leaky faucets, driveway to shovel, roof to replace.... etc
But mostly. No property tax!
Yessss
Haha. That's true. I haven't had any horror stories that made me want to sell everything. Memphis has been fantastically steady rental demand.
In 2025 I've spent over 25 grand in repairs.
Its enough for me. I'm done with rentals.
How do tenants break a kitchen faucet 3 times in a year 🤬
I hear ya. Had two big rehabs last year. I might 1031 a couple into newer class A properties with higher quality tenants. Less headaches. But that is longer term.
I do love the tax breaks and depreciation though.
As a family we've gone all in on XRP
MSTR still a good buy?
I mean. NFA
I wouldn't feel terrible at these prices.
I would recommend familiarizing yourself with the NAV. imo anything under 2 at this stage of the companies growth will give you room to grow.
That being said. I, like others have forced saving retirement accounts. If I had a choice I'd have it all in the corn.
Look at CEP or MTPLF.
Im trading these but I certainly wouldn’t buy and hold them.
I got some CEP so I can watch it when it goes to xxi, just to see. I rejigger my account every couple months or so but can't day-trade it. I'm worried metaplanet is a little over bough right now since its so frothy
I’m keeping it simple.
$MSTR and OTM leeps as far out as possible.
Options aren't an option, lol but I do have some MSTR, ill probably liquidate when it starts getting frothy, but it's served me well so far.
MSTR is going over 1000 in August when they report earnings.
That’s a hell of a price target!!
If you dig into their financials, you’ll find that the expected earnings are based on FASB accounting rules and if BTC closes above 97k on June 21st, instead of losing ~$18share (paper loss) they will show a truly massive earnings beat. Most of WallStreet is completely asleep at the wheel until this happens.
Mstr has also qualified for SP500 inclusion for 300 days straight.
Expect fireworks.
And No I don’t recommend using the levered ETF’s like MSTU/MSTX though I understand why people do it.
If Im wrong, I’ll own it but Im balls deep in this thesis since last July and it’s finally playing out.
🧡👊🏻🍻
I'm here for it. Ive got a decent allocation myself, let's see what happens brother, that makes sense to me! I've had the same thought on the FASB rules issue and hoping it will matter to the degens on wall street and well see what you say.
There’s a sucker born every minute.
Buy and hold or a short term trade?
Short term, but not day-trade. Like I can't look at it every day its self directed IRA and the dude isn't responsive enough for that.
A little bit of GME could be fun.
Buy nuclear energy / uranium co’s