I think the halving in July is bullish. I think at least a majority will agree with that statement. And it is only two months away.
I think it is worth the risk in investing short term, as well as long term, in Bitcoin.
So how much risk is anyone else willing to take on? Stop 401k or IRA contributions to use that money? Sell assets to fund more bitcoin (which is what I am doing)? Or the brave souls who would "charge a credit card" to bet on the increase to pay it off in short order?? Heaven forbid, someone I read is betting their house (if they were serious) on Bitcoin in the halving. Or has the upward move largely happened?
This is all in the face of some doubts with Bitcoin, like the hard fork risks and block size resolutions being advocated.
I am not a gambler, but I am going to buy more over time but am weighing what my risk level is.
What you are doing is right buddy, weighted the risks I mean, but for me, I'M ALL IN !!
I think the halving in July is bullish. I think at least a majority will agree with that statement. And it is only two months away.
I think it is worth the risk in investing short term, as well as long term, in Bitcoin.
So how much risk is anyone else willing to take on? Stop 401k or IRA contributions to use that money? Sell assets to fund more bitcoin (which is what I am doing)? Or the brave souls who would "charge a credit card" to bet on the increase to pay it off in short order?? Heaven forbid, someone I read is betting their house (if they were serious) on Bitcoin in the halving. Or has the upward move largely happened?
This is all in the face of some doubts with Bitcoin, like the hard fork risks and block size resolutions being advocated.
I am not a gambler, but I am going to buy more over time but am weighing what my risk level is.
Good idea. Once bitcoin is a "safe" investment, the opportunity for huge gains will be severely diminished. I was just using extra money to buy bitcoins over the last few years. Instead of putting it in the stock market like I was before, I bought bitcoins. I would never back down my 401k to buy bitcoins though.
Actually, I see Bitcoin as a safe asset now, why not ? If it were to fail, it would failed after few months or years, we approaching 8 years now and it's growing in a wonderful matter.
Very true Fakhoury. In fact, I've thought the same before. Really all you have to do is stay up to date and informed with what is happening and where bitcoin is going (your thread is VERY helpful for this
). By doing that you won't get blind sided. Generally, the time something has lasted would be the time it takes to be completely destroyed.
7 years old and coming out of a severe bear market with halving looming.....can't get much better!