Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 13/12/2021, 23:41:02 UTC
⭐ Merited by JayJuanGee (1)
Well, it does not look like anything good is happening.
Contrast this with early in the year when almost everybody were salivating at the prospect of selling a bunch at 100K-300K...since EVERYBODY knew that that's were we would be in December.


Too many people looking at inflation and thinking "I'd better keep hold of my filthy fiat as I'm not going to be able to buy as much with it" rather than "I'd better buy something worth holding with my filthy fiat before the government makes it worthless", I suspect.

yep which is why you need to develop a fiat to btc ratio that makes sense for you.

I am older so we are set up as below

The wife is 100% fiat.

I am 80% BTC .

And each year I am gaining on the wife with my btc. net value as compared to her fiat + house net value.