/biz/ - Business & Finance

I'm DCAing into 80% BTC / 20% PM
Can I make it /biz/ ?

Money flows. Under expansitory regimes the 'monetary impedance' of an asset-class determines the relative inflation seen by that asset-class. Labor (in the broadest sense, all income earners) has high monetary impedance, illiquid assets like housing have moderate impedance, liquid assets like equities or gold have low impedance. The surest way out of the wagie cagie is to lever-up on the higher relative inflation of low impedance assets, BTC or 2x LETFs (conservative, survived the GFC), gold can't be used as the long cycle period of gold makes it impractical to lever-up on it

Gold is just an -1x of fiat, it will increase in value proportional to monetary expansion but the cycle length is really long (peak to peak around 30 years), in-the-limit BTC will probably eat it's lunch and gold will start acting more as an industrial metal like platinum. Gold to preserve wealth, not to make it.

>>56502838
>>56502857
I'm personally all in BTC, but probably will sell some long term holds into gold/silver. Do you guys also diversify into stocks/ETFs? I'm not sure the argument against it

Last.

>>56463040
>The crypto space is not regulated;
Bullshit, go do some googling before you spout such nonsense you fool.

>>56402911
There is no other trade even close to BTC, leveraged equities comes closest but obviously hay both liquidation risk and volatility decay, neither of which plague BTC. It's very simple, statist fucking shits will never ever stop debasing, you can't lose in the limit by betting that fiat will lose value, and BTC is the most efficient way of doing that.
>global crackdown on crypto
Dullard. World is bottom up not top down, they can no more suppress BTC than gold.
>b-but muh historical use
BTC solves money, people call it "digital gold" but even gold relied on trust in the sovereign that the coinage was of the correct purity & weight, and after redemption based currency gained traction was entirely trust-based. BTC on the other hand is truly trustless, the first trustless money to ever exist, and as such, the last money the world will ever need, a final solution to the money question. The systemic economic value of trustless money is nearly beyond comprehension. Future history will denote the past into pre & post BTC eras. Bitcoin is an inevitability.

Threadly reminder, MEDIAN household income in 1970 was 235oz of gold, gold works perfectly as a multi-decade store of value.

>>56179733
>I already own lots of Doge.
You know Doge is inflationary right?
>>56179743
>how can you be so sure
Google inflation and deflation, please stop being dumb.
>>56179837
>than that means you think bitcoin has decoupled from the fiat money printer and
BTC was invented to get away from fiat money printer you fucking reject fuck wit.

>>56139717
https://www.morningstar.com/markets/when-will-fed-start-cutting-interest-rates
Suck a dick you faggot fuck.
1) Interest-rate forecast. We project a year-end 2023 federal-funds rate of 5.25%, falling to about 2.00% by the end of 2025. That will help drive the 10-year Treasury yield down to 2.50% in 2025 from an average of 3.75% in 2023. We expect the 30-year mortgage rate to fall to 4.50% in 2025 from an average of 6.75% in 2023.

2) Inflation forecast. We project price pressures to swing from inflationary to deflationary in 2023 and the following years, owing greatly to the unwinding of price spikes caused by supply constraints in durables, energy, and other areas. This will make the Fed’s job of curtailing inflation much easier. In fact, we think the Fed will overshoot its goal, with inflation averaging 1.8% over 2024-27.

>>56118631
Dull little statist. Fiat has no bottom, so assets have no top

>>56087925
Fucking right.
>>56086897
I hope they keep the money printers printing.

BTC solves money, it is the first trustless money the world has ever known, and as such, the last money the world will ever need, the systemic economic value of trustless money is nearly incomprehensibly vast, in the future we will denote history into pre & post BTC eras. Bitcoin is an inevitability.

Gold has faced the triple threat of demonization headwind, paper manipulation (not a threat to BTC as 'physical' settlement is cheap), and ridiculously high transaction costs for physical metal, yet despite these obstacles it's still performed near perfectly as an unleveraged fiat short averaged over decades long timeframes (44x versus 42x money expansion since '71).

Economy always finds it's level.

BTC has none of those issues, it's in the process of monetization, it can't be paper manipulated, and transaction costs are negligible, BTC will therefore track much more closely as a fiat short, and as it has yet to reach full capitalization, it will act as a LEVERAGED fiat short, a leveraged short without liquidation risk. Capital flight into BTC until full capitalization is the trade, sell some for gold during the bull peak to hedge.

>>56020250
>using the settlement layer to buy a candy bar
L2's are essentially free and instant and have the throughput for small everyday transactions

>>55572018
>buying shitcoins
I seriously hope you guys don't do this, we're unironically still early, just buy BTC (XMR will pump harder than BTC in the next bullrun, if you must an alt do XMR)

Just buy BTC. It is that easy. The usecase of crypto is MONEY. Just buy BTC.

What stage are you at?