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0 pointsdheera1y ago0 comments

BTC is highly volatile but it has a more predictable cyclic behavior than any other investment in the past 3 decades, and for largely mathematical reasons.

Even if that cyclic behavior breaks, I think the US economy and foreign policy is so unhealthy right now that BTC is widely becoming a new store of value across the world. It's a lot easier to deal with than gold.

You can believe otherwise; I'm not here to argue, convince, or be convinced, for or against BTC and I'm not a crypto-nut. I'm just de-dollarizing and hedging against uncertainties in the US economy.

If I lose all of it, it's no big deal as my actual retirement fund isn't my 401K, I just use 401K/IRA to churn tax-inefficient high risk stuff.

None of this is investment advice. Do what you believe, I'm just stating what I do.

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greenie_beans1y ago

i'm not trying to argue, was genuinely curious to hear your thoughts. i sold all my crypto in 2021 so i could buy land with abundant water as a hedge against the uncertain economy, maybe a more extreme way to hedge.

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