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Started By
Message
1
Posted on 4/13/21 at 9:28 pm to Tigerfan56
quote:
Because you believe annualized 100% returns over the next decade AND you’ve said that it’s the safest asset with no risk. Based on those two claims, you’d be an idiot not to access as much debt as possible and put it into BTC or to hold any other assets. Surely you’re not an idiot are you?
yea, already said months ago i took out a loan against my bitcoin to buy more bitcoin
Posted on 4/13/21 at 9:28 pm to slackster
quote:
Rocket has been making money for a decade or so but he’s convinced this is how it always works.
Sounds like a Nasdaq investor in the 90s.
Nasdaq outperformed in the 90s and still outperformed for the next 20+ years since. Could be worse.
Posted on 4/13/21 at 9:29 pm to slackster
quote:
He’s got to be worth 10s of millions, at a minimum, yet he fricks around with GME
MJ was worth billions and he gambled on connect 4
are you guys slow?
Posted on 4/13/21 at 9:30 pm to rocket31
quote:
yea, already said months ago i took out a loan against my bitcoin to buy more bitcoin
my man
The Michael Saylor strategy on display
Posted on 4/13/21 at 9:30 pm to rocket31
quote:
yea, already said months ago i took out a loan against my bitcoin to buy more bitcoin
And against your house?
Posted on 4/13/21 at 9:30 pm to Tigerfan56
yea, obviously
Posted on 4/13/21 at 9:31 pm to Tigerfan56
Rocket has said previously 90+% of his net worth is held in BTC. You may disagree with his belief in the asset but his conviction is real.
Posted on 4/13/21 at 9:31 pm to Ross
quote:
The Michael Saylor strategy on display
yupp
Posted on 4/13/21 at 9:32 pm to maclauer
quote:
Nasdaq outperformed in the 90s and still outperformed for the next 20+ years since. Could be worse.
Outperformed what?
Posted on 4/13/21 at 9:34 pm to Ross
quote:Rocket also said a 16% rate of return isn’t impressive, you can get a 12% RISK FREE rate of return, and inflation has been like 10% for the last half decade.
Rocket has said previously 90+% of his net worth is held in BTC. You may disagree with his belief in the asset but his conviction is real.
Rocket says a lot, but I don’t think those words are worth a lot.
Posted on 4/13/21 at 9:34 pm to rocket31
shite, must be hundreds of millions of USD in BTC then, no?
Is life that boring with all that cheddar that you still post here?
Is life that boring with all that cheddar that you still post here?
Posted on 4/13/21 at 9:35 pm to Ross
quote:
Rocket has said previously 90+% of his net worth is held in BTC. You may disagree with his belief in the asset but his conviction is real.
heres the thing, ive questioned myself, weekly, for years on bitcoin
so nothing these people have said to me, i havent asked myself over 100x already
and my final analysis came down to only one conclusion.
btw, my investment thesis could change, and if it does ill let everyone know
Posted on 4/13/21 at 9:37 pm to buckeye_vol
quote:
Rocket also said a 16% rate of return isn’t impressive, you can get a 12% RISK FREE rate of return, and inflation has been like 10% for the last half decade.
yea thats all accurate generally speaking
Posted on 4/13/21 at 9:37 pm to slackster
quote:
Is life that boring with all that cheddar that you still post here?
i dont have that much money
This post was edited on 4/14/21 at 4:50 am
Posted on 4/13/21 at 9:43 pm to rocket31
quote:
I can get 12% with zero risk at all so
Posted on 4/13/21 at 9:46 pm to rocket31
quote:
2 million per btc in 5 years seems conservative, ya
Posted on 4/13/21 at 9:46 pm to slackster
whats so funny?
Posted on 4/13/21 at 9:56 pm to rocket31
quote:
whats so funny?
I find $2MM USD per BTC in 5 years to be funny. I’m sorry that wasn’t clear.
Posted on 4/13/21 at 9:59 pm to slackster
global monetary network that cannot be manipulated has never existed.
bitcoin will take a bit of gold, silver, arts, equities, real estate, bonds, offshore banking, etc
$200 trillion market cap is my conservative thesis moving forward, we are currently at $1.1 trillion
bitcoin will take a bit of gold, silver, arts, equities, real estate, bonds, offshore banking, etc
$200 trillion market cap is my conservative thesis moving forward, we are currently at $1.1 trillion
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