Quote:
Originally Posted by Castle2.0
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The majority of my wealth/savings is in crypto, largely BTC. I make some investments in altcoins, such as HNT (we just 3x'd.) US has been seriously discussing killing 1031 exchange so I don't want to be in RE.
BTC has been the best investment by far since 2009.
It's not get rich quick. It's "preserve wealth now."
BTC is only seen as "get rich quick" to people that don't understand it. So now I know, you just don't understand it.
Don't feel bad, most people didn't understand the internet in 1998.
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I definitely don't feel bad. I also hope you hit it big. Its just got a lot of get rich quick vibes. Squidgame coins.
AMC coins. Dogecoin. Lots of things just not adding up. And not adding up in all markets, not just crypto. P/E Ratios are like 5-10 times earnings right now. I think its just a tough time to go all in on one area imo. People should be diversifying their investments to reduce risk. (This is also not financial advice. But if I ever were to also give financial advice, this would be the most sound, most fool-proof.
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