I’m all in
As the title suggests - I’m all in on Bitcoin.
Background: 28 year old with no financial obligations (no house, wife, kids etc). I have a stable job working for a Hedge Fund in London.
The way I see Bitcoin is essentially an asymmetric risk/reward bet. There’s a possibility it doesn’t take off from the $10k mark and the price falls indefinitely.
On the flip side there is a multitude of bullish sentiment which could realistically 10x the price over the next 5 years.
My argument is - with house and equity prices at all time highs, what is my best bet to maximise my income for the future? A provably scarce hard asset that has an enormous network effect and the possibility to grow into a multi trillion market seems like a sensible option.
My strategy is definitely not for everyone. I am diversified in the sense that my salary is correlated with the stock market. If BTC and the equity market collapse simultaneously then I will cry myself to sleep for a few days but I’ll still be debt free.
In Satoshi we trust.
Submitted September 18, 2020 at 06:33PM by SoldMum4BTC https://ift.tt/3hPop7y
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