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re: Crypto asset allocation.
Posted on 4/18/21 at 1:18 pm to Dandaman
Posted on 4/18/21 at 1:18 pm to Dandaman
This thread has been incredibly helpful for an old guy looking into dipping his toe into cryptocurrency; thank you to all who posted.
I downloaded and put some funds in Coinbase (very easy) and I’m going to look at the portfolios in this thread and make some buys.
Two questions:
> Are these being treated like long-term set and forget investments like many 401k elections?
> If a BTC ETF becomes available later this year, what is the right move related to Coinbase purchases?
I downloaded and put some funds in Coinbase (very easy) and I’m going to look at the portfolios in this thread and make some buys.
Two questions:
> Are these being treated like long-term set and forget investments like many 401k elections?
> If a BTC ETF becomes available later this year, what is the right move related to Coinbase purchases?
2
Posted on 4/18/21 at 1:50 pm to BobABooey
quote:
Are these being treated like long-term set and forget investments like many 401k elections?
> If a BTC ETF becomes available later this year, what is the right move related to Coinbase purchases?
I think most people see it as short term but there are some of us that see at is long term. Bitcoin has averaged 200% per year for over a decade as an example, so long term we have evidence you'll be rewarded
If/when the sec approves a btc etf it will likely be very bullish
Posted on 4/18/21 at 1:58 pm to BobABooey
BTC and LINK are two long term holds for me
ALGO, LINK, and DASH are shorter terms
ALGO, LINK, and DASH are shorter terms
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