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/biz/ - Business & Finance

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25731043 No.25731043 [Reply] [Original]

I'm thinking of selling all of my Vanguard ETFs oh Monday and putting it all on Bitcoin. I have around $50,000 in bond ETFs alone, which don't give me much in dividends. I'd make more money if I invested it in Bitcoin, I think. Has anyone else done this?

>> No.25731085

>>25731043
hurry. soon 50k won't buy you even a whole bitcoin

>> No.25731157

>>25731085
>hurry. soon 50k won't buy you even a whole bitcoin
Yeah I know, and started to realize this over the last few days. I wouldn't be able to do it until next week. And sale and transfer will take a few days. It might be up to $50,000 by the time I can buy Bitcoin.

>> No.25731212

>>25731043
Don’t buy the top retard just wait a bit
t. Probably wouldn’t follow his own advice

>> No.25731374

>>25731212
>the top
It's not the top.

>> No.25731415
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25731415

>>25731043
>>25731157
Dont
This is comming from guy who stacks sats since 2015, I mean yes you cant go wrong eventually but there is strong chance you will be in world of pain for long time if you go in now, remember this fomo feeling that this shit will never stop going up and next time it crashes hard convince yourself to buy somehow (it will be hard whitouth this fomo rush)
You are just fomoing newfag ready to blow his life savings on something that he barely understands, and no matter how it seams and what everyone tells you: this is not last time you saw btc under 40k lol

>> No.25731435

>>25731374
ofc its not but its not bottom either

>> No.25731448

>>25731415
Don't listen to this anon.
$50k is make-it-money when we hit $1,000,000 by February 2022. It's only a 25x from here, and will propel you into a millionaire set for life. The risk is minimal, since any 1-5% dip is quickly bought up, so you basically can't lose money if you buy in now.

>> No.25731508
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25731508

>>25731448
>The risk is minimal

>> No.25731546

>>25731508
Nobody and I mean nobody who has held BTC for over a year has ever lost money.
Nobody. Not a single person. Ever.

>> No.25731596
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25731596

>>25731546
I literally sad that moron
>I mean yes you cant go wrong eventually but there is strong chance you will be in world of pain for long time

>> No.25731605

The maximum you might lose in the short-term is half, but you will be missing out on at least 500% gains within the next 5 years. What happens if it doesn't dip? Double and triple might pass you by.

>> No.25731627

>>25731596
Yes, and I agreed with you. High five!

>> No.25731629

>>25731415
Sunk cost fallacy detected. Holding is the same as buying. Holding BTC at this level and telling others it is too high to buy is retarded. Every day a holder of anything doesn’t sell they are in effect rebuying at the current market price.

>> No.25731635
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25731635

>>25731448
>the risk is minimal

>> No.25731809
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25731809

>>25731629
>not being able to time tops means you are not expert to give "its gone parabolic maybe not best entery here" advice
OK anon

>> No.25732376

>>25731809
>holding an asset
>telling other people the asset is too expensive to hold
I appreciate good FUD and love to FUD my own holdings here but I think you were being genuine. It doesn’t matter if you have 7 figures in BTC from hodling or if someone has 7 figures from an inheritance or stock market gains; once that second person buys BTC they are in the same exact position as you.

>> No.25732636

>>25731043
If you’re really nervous you can stake Dai stablecoin on inverse.finance and get paid interest in wrapped Bitcoin. It’s basically automated stat-stacking.

>> No.25732768
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25732768

>>25731448
>The risk is minimal

>> No.25732904

Both of these suggestions are stupid. There’s a third suggest as well but its more of an observation. 1 buying high 2timing the market and 3ddlusional adhd gamblers. All losers.
>>25731546
Dont spoonfed them

>> No.25732960

>>25731415
>>25731435
>>25731508
>>25731596
>>25731809
Sorry all I read was “I’m a gigantic faggot”

>> No.25733024

>>25731043
I pulled everything I had in stocks/ETF's once BTC had the breakout confirmation on 20k. Don't know if it's such a good bet right now, could just scale slowly into it cause I think we'll have a dip sometime soon.

>> No.25733090

>>25731043
I sold all my Vanguard ETFs for FNGU / TQQQ / TSLA then I sold all my FNGU/TQQQ/TSLA for BTC in October
Vanguard boomer index funds are fucking gay and I honestly just thought they were the best way to go because I didn't know any better and it's all you hear in pozzed personal finance media. Now I won't invest in something if it doesn't have the potential for a 4x return yearly.

>> No.25733167

>>25731212
We're consolidating nicely around the $40k mark and that is incredibly bullish. Expect a breakout at any time and then we are targeting $50k.
Believe me or don't, I don't care as I'm already positioned in and have been for months.