Trump embraces fake money called bitcoin

[Andrew_Jackson_FTW]

Xrp has potential
I said this a few times everytime crypto comes up
My brother told me to buy bitcoins and ethers years ago and I did..

I sold a lot of what I held onto ...now its all profit anyway so it doesn't matter if it collapses to zero.But I still have a nice chunk thats now worth crazy amount of money.. I just sit on it.He's been saying for years.It's going to a 1/2 a million.
I still have a nice chunk

I was buying in 6, 7, 8k range lol they're 100 k now

etheriums I was buying 800 bucks...they crashed to hundred dollars and I was contemplating doing 20 k...I never pulled the trigger ... I.Did buy more but not twenty grand more.... shoulda woulda coulda ....

Before I got banned a few months ago .I was telling these clowns to buy xrp and hold ....it's back there

Looks like you’re making a lot more than me. You got in at a great time. Only recently did I get back into the positive with Ethereum and XRP. I’m still down about 25% on Dogecoin and a little bit more on shiba coin.

I was down heaps on micro strategy, but my investment on that is back to being around even.

Looks like the coins had a bit of a drawback today, which is expected. My plan is to hang on for a few years at least. That seems to be a solid strategy, especially with the stronger coins like bitcoin, Ethereum and Solana can probably throw in Xrp with that as well. Let’s see where they’re at five years from now. It’s about avoiding the panic selling.

 

[Mac1958]

Trump embraced crypto because it was pretty obvious that he could leverage his name to make a massive fortune off of it. And for his sons. And for his wife, who actually had/has her own coin.

And that's exactly what he has done. And still is. While in office. The credulous rubes never disappoint with their hard-earned cash. It's tithing. They're giving to God. Or something. They are prey.

But he's not held to any standards, so never mind. Nothing burger, bro!

 

[sartre play]

NO crypto for us, looks like you have to buy early when its hot, and get out fast.
buying things on faith, may not be a good idea.

 

[Andrew_Jackson_FTW]

NO crypto for us, looks like you have to buy early when its hot, and get out fast.
buying things on faith, may not be a good idea.

Well bitcoin was worth around 3k per coin in 2018…today it’s worth around 118k per coin. Bitcoin is up 26 percent this year as well…with end year targets of 150-200k per coin.

Patience is key here. Like with many equities buying and holding is ok.

 

[OhPleaseJustQuit]

And? It has no REAL value other than what we have all agreed to. You can't eat it or drink it. It doesn't provide shelter. It's a finite resource which we can generally predict the availability of. It's just easier to carry around a bit of gold/money/bitcoin than a bushel of apples or wheat to trade for whatever it is you want/need. Why do you accept dollars as payment for work or in exchange for goods? Because you know you can then exchange those dollars for goods/services that you want. Gold is exactly the same thing. The reason the dollar loses value is because they just keep printing it which makes them less of a finite resource. Bitcoin (crypto currency) solves that problem among other issues with traditional money or gold.

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Thanks for sharing your opinion.

In a fire, paper money burns into useless ash. Precious metal melts into the same weight it was before the fire.


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[Couchpotato]

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Thanks for sharing your opinion.

In a fire, paper money burns into useless ash. Precious metal melts into the same weight it was before the fire.


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1. If you’re holding a significant amount of.cash not in a bank and also not in a fire proof safe then you’re a moron

2. Crypto neither melts or burns so is by your standard superior to both paper and precious metals

3. Nothing in your post speaks to how or why gold is valuable other than we all say it is. Just like fiat money and cryptocurrency. Thats not an opinion it’s a fact.