Given your permabull stance, I would stick with Bitcoin personally. Moon, and all that.
Topic: Shall I hold or invest with %12.5 premium per year ? - page 6. (Read 5521 times)
Good luck whatever you decide, I would just point out the obvious and say that if your fiat inflation is say 10% then your real return is not 12.5%, but 2.5%.
Given your permabull stance, I would stick with Bitcoin personally. Moon, and all that.
Given your permabull stance, I would stick with Bitcoin personally. Moon, and all that.
If you feel the need to do something, do 50/50.
As you already have been a bitcoin buyer, you are presumably bullish on the price. What do you think Bitcoin will be trading at in a year's time?
What is your local currency and your national economic situation, and how do you see it developing over the short term?
12.5% is globally pretty high in these days of Central Bank money printing, a rate like that implies that there are inflationary aspects to your national economy or weakness in its currency.
It sounds good, but not if inflation eats it up.
The only country that comes to mind paying that is Egypt. I'd stay out of holding too many EGP atm.
As you already have been a bitcoin buyer, you are presumably bullish on the price. What do you think Bitcoin will be trading at in a year's time?
What is your local currency and your national economic situation, and how do you see it developing over the short term?
12.5% is globally pretty high in these days of Central Bank money printing, a rate like that implies that there are inflationary aspects to your national economy or weakness in its currency.
It sounds good, but not if inflation eats it up.
The only country that comes to mind paying that is Egypt. I'd stay out of holding too many EGP atm.
You nearly nailed it, but no, I'm not from Egypt.
There is inflation in my country to be honest, and the currency while it's compared to USD, it's really weak.
But as I've mentioned earlier, I want to enjoy some good returns and I insist on buying all my bitcoins again.
I hate 50/50 thing, I would like to do it all in to be honest.
lets see the current price is roughly 400 usd per bitcoin and i dont expect it to go over 550 by the end of the year, im guessing itll be around 500 so thats a 20% increase in value but theres a chance you take. with the 12.5% investment the profit is guranteed.
Good two points here
1. The %12.5 is guaranteed.
2. I don't think we will spike that hard to $550 or $600, even if we will reach $600, I could compensate the difference easily.
lets see the current price is roughly 400 usd per bitcoin and i dont expect it to go over 550 by the end of the year, im guessing itll be around 500 so thats a 20% increase in value but theres a chance you take. with the 12.5% investment the profit is guranteed.
I think it comes down to your outlook for bitcoin price over the next year or so. If your analysis leads you to believe bitcoin price will continue to appreciate at a rate greater than 12.5% per year why sell? Now if it is a question of diversification and you feel too much of your capital is tied up in bitcoin I could understand selling a portion now to diversify into fiat or gold, and pay down debt or mortgages.
My buddy, thanks for your reply.
To be honest, I want to invest my money.
As you know me well, I'm insanely permabull and I know that we can reach $50K and $100K in the coming 5-12 years.
But what I would like to do is the following,
Buy again my frozen BTC while enjoying guaranteed profit per month (%12.5 premium divided by 12 months). As I will buy all the sold BTC again with that profit PLUS my salary profit.
I don't want to diversify my portfolio nor I've any debt to pay.
Hello all,
I've good sum of bitcoins, and they represent good sum as well in my local currency.
I was thinking about selling all my bitcoins, lock that fiat money in investing certificates in my bank where I get %12.5 premium per year and buy bitcoins every month (it will take some time to re-buy again all my bitcoins, but not that long, could be 1-2 years as I will include my fiat salary as well).
Or, shall I hold and keep holding ?
If you were me, what would you do and why ?
Thanks in advance.
I've good sum of bitcoins, and they represent good sum as well in my local currency.
I was thinking about selling all my bitcoins, lock that fiat money in investing certificates in my bank where I get %12.5 premium per year and buy bitcoins every month (it will take some time to re-buy again all my bitcoins, but not that long, could be 1-2 years as I will include my fiat salary as well).
Or, shall I hold and keep holding ?
If you were me, what would you do and why ?
Thanks in advance.
If you feel the need to do something, do 50/50.
As you already have been a bitcoin buyer, you are presumably bullish on the price. What do you think Bitcoin will be trading at in a year's time?
What is your local currency and your national economic situation, and how do you see it developing over the short term?
12.5% is globally pretty high in these days of Central Bank money printing, a rate like that implies that there are inflationary aspects to your national economy or weakness in its currency.
It sounds good, but not if inflation eats it up.
The only country that comes to mind paying that is Egypt. I'd stay out of holding too many EGP atm.
I think it comes down to your outlook for bitcoin price over the next year or so. If your analysis leads you to believe bitcoin price will continue to appreciate at a rate greater than 12.5% per year why sell? Now if it is a question of diversification and you feel too much of your capital is tied up in bitcoin I could understand selling a portion now to diversify into fiat or gold, and pay down debt or mortgages.
It depends, how does that contract look like? 12.5% seems good... too good actually. Can you retire your funds at any time or do you need to stay with them whatever happens? I just can't trust long term fiat investments anymore. How many BTC you got?
I can retire the funds after it pass the 6 months freeze period.
The investment is by my local bank here, so it's 101% safe. Even if the bank went broke, the government will must pay us and this is like nearly so difficult nowadays as our economic status is good.
It depends, how does that contract look like? 12.5% seems good... too good actually. Can you retire your funds at any time or do you need to stay with them whatever happens? I just can't trust long term fiat investments anymore. How many BTC you got?
Hello all,
I've good sum of bitcoins, and they represent good sum as well in my local currency.
I was thinking about selling all my bitcoins, lock that fiat money in investing certificates in my bank where I get %12.5 premium per year and buy bitcoins every month (it will take some time to re-buy again all my bitcoins, but not that long, could be 1-2 years as I will include my fiat salary as well).
Or, shall I hold and keep holding ?
If you were me, what would you do and why ?
Thanks in advance.
I've good sum of bitcoins, and they represent good sum as well in my local currency.
I was thinking about selling all my bitcoins, lock that fiat money in investing certificates in my bank where I get %12.5 premium per year and buy bitcoins every month (it will take some time to re-buy again all my bitcoins, but not that long, could be 1-2 years as I will include my fiat salary as well).
Or, shall I hold and keep holding ?
If you were me, what would you do and why ?
Thanks in advance.
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