- This topic has 1 reply, 2 voices, and was last updated 3 months ago by Mr_P_Nissaurus.
- Wednesday, June 22nd, 2022 at 14:28 #316355Only-Talk-9123Participant
I know this is a BTC community page but I really want to see what others feel about having BTC be that crypto portion of the overall investment portfolio.
I truly believe BTC to be what puts me into retirement earlier than my normal 401k or Roth IRA investments. I seek others knowledge/input on if you think only having BTC allocation in the overall retirement portfolio (ie. 95% stocks, etfs, mutual funds… and 5% Bicoin) or more or less is enough or satisfactory.
Maybe this is just me but I do feel the FOMO from alts and their “suspected growth.”Wednesday, June 22nd, 2022 at 14:49 #316356Mr_P_Nissaurus
With Bitcoin, there is no longer a valid case to invest long term in:
* real estate
* precious metals
* precious stones
Still, this assumes you maintain an adequate emergency cash cushion so you will be much less likely to be forced to sell Bitcoin during a dip.
As for real estate, buying your dream home and using a small fraction of your Bitcoin wealth to pay for it is not necessarily a bad idea. However, investing in real estate to “make money” or as an inflation hedge makes no sense compared to putting that same money into Bitcoin and holding it long term.
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