Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
QuestionAuthority
on 25/11/2018, 05:34:59 UTC
If it drops to $2k I’m going to sell everything I own to buy btc.

Well, with btc at 2K Van Ecks ETF would be only $50K/share.
also, i think at bakkt the minimal purchase is 10 btc equivalent, so $20K.

Not liquid enough for me and requires a level of trust. A nice cold wallet stuffed with coin will do the trick.

I hear you, but there is a question of using IRA funds.
I can use some currently unneeded IRA funds (maybe in 5%-10% area) to buy into ETF and/or Bakkt (that would be settled daily into physical btc).
I don't want to buy any more stocks or bonds, lol.

It sounds like you have tax concerns. That would be a good reason to do it. I’ve just been around here so fucking long that I have absolutely no trust in any one that runs any business even remotely connected with bitcoin. Too much water under the bridge dude.