Just like the subject says, the more Bitcoin goes up this bull run, the most correction it will have, people who thinks this will go up without stopping are very naive.
This is not the time to buy, don't be a fool to buy at 50K.
Does this mean I will buy 350k worth of btc with all my 'safe' money no.
B
ut 300k stays in safe and 50k stays in btc.
Very nicely said, though I was willing to end my merit on your post but stumbled at this line... should be the other way around brother or at least 200-250K in
btc and the rest in I don't know what you mean with safe.... I hope not FIAT.. but the rest of the savings in the "asset" you refer as safe for yourself.
When married for 35 years and the 'safe' money is all in my wife's name I am perfectly happy with 300 k in fed bonds at 1.1% interest.
As I can easily justify holding 1 btc and stacking to it via mining.
Yeah I know here safe money is bleeding but it is her money she earned. This year my btc will 2x due to mine and hodl. So if 1 btc becomes 2 btc jan 2022 which is pretty sure.
It is just a question of 100k for each coin = win and the holds then become 303k safe and 200k in btc
If op is correct and it crashes to 30k I will still have 2 maybe 2.2 btc due to easy mining. and that would be 60-66k worth of btc.
I do see a 500k upside by 2030 as possible. I won'r be ancient at 73 and should have more than 5 btc by then or 2.5 million in fiat numbers if i am correct.