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Purp1eOne
Winning
Jarl (15,623)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Mar 26, 2024 10:06:01 GMT -6
Good explanation of how Saylor and Microstrategy are killing it by buying bitcoin.
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Odin
Purp1eOne
Winning
Jarl (15,623)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Mar 27, 2024 17:39:09 GMT -6
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Odin
Purp1eOne
Winning
Jarl (15,623)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Mar 28, 2024 15:49:15 GMT -6
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Post by Purplemachine on Mar 28, 2024 16:38:29 GMT -6
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Odin
Purp1eOne
Winning
Jarl (15,623)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Mar 28, 2024 18:01:44 GMT -6
I don't use apple products or hot wallets(Meta Mask) I store everything in cold wallets. Hot wallets should only be used for immediate transfers. The two wallets they reference are also blockchain specific, MetaMask is Etherium based and Phantom is Solana based so they only work with their tokens so I don't believe Bitcoin will work with either.
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Odin
Purp1eOne
Winning
Jarl (15,623)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Mar 29, 2024 8:44:28 GMT -6
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Odin
Purp1eOne
Winning
Jarl (15,623)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Apr 1, 2024 6:42:11 GMT -6
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Odin
Purp1eOne
Winning
Jarl (15,623)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Apr 2, 2024 12:17:11 GMT -6
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Odin
Purp1eOne
Winning
Jarl (15,623)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Apr 3, 2024 6:38:39 GMT -6
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Odin
Purp1eOne
Winning
Jarl (15,623)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Apr 3, 2024 8:46:27 GMT -6
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Odin
Purp1eOne
Winning
Jarl (15,623)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Apr 3, 2024 12:31:02 GMT -6
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Odin
Purp1eOne
Winning
Jarl (15,623)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Apr 3, 2024 12:43:04 GMT -6
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Odin
Purp1eOne
Winning
Jarl (15,623)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Apr 4, 2024 9:21:28 GMT -6
Fred Krueger @dotkrueger 15 year horizon:
Bonds: lose half your money Stocks: lose between 60% and 0% of your money Bitcoin: make 10x your money
Here's what I mean: ---------------------
Bitcoin should play a key role in your portfolio allocation.
Let's say you are investing for 15 years, and you have 1MM to invest.
If you invest in bonds, after tax you are making at best 3%. So at the end of 15 Years you have 1.55MM. Unfortunately, inflation is likely to be closer to 7% so in real terms, you have lost half your nest egg.
If you invest in stocks, best case is you do something like the last 15 years and 4x your money. Reduce to 3x after tax, and you just about make up for inflation.
But there is a possibility the next 15 years are more like 1965 to 1980. That was just 1.2x your money, or in real terms only 40% of your original nest egg.
If you happen to put it all in Bitcoin and the power law actually continues to hold, you should be up 50x your money. Thats still 40x after tax, and 14x after inflation.
Lets round it down to 10x.
Summary:
Bonds: lose half your money Stocks: lose between 60% and 0% of your money Bitcoin: make 10x your money
Not financial advice, do your own research. But the numbers kind of speak for themselves.
You can see why just going 20% Bitcoin could make an enormous difference in your financial future.
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Odin
Purp1eOne
Winning
Jarl (15,623)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Apr 5, 2024 6:55:04 GMT -6
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Odin
Purp1eOne
Winning
Jarl (15,623)
Feb 3, 2017
Valhalla
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Post by Purp1eOne on Apr 5, 2024 15:16:21 GMT -6
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