Ask HN: What is your strategy for significant passive income in 2021?

Re:Ask HN: What is your strategy for significant passive inc... by akudha on Tuesday March 09, 2021 @06:30AM (#26397822)

Is it too late to get into BTC?

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Re:Ask HN: What is your strategy for significant passive inc... by dbrereton on Tuesday March 09, 2021 @03:54PM (#26404083)

Anyone answering this question for you is probably biased in either direction. You should do your own reading and decide for yourself.

Here's a good article from 2018 that gives an argument on the bullish side: https://vijayboyapati.medium.com/the-bullish-case-for-bitcoi..., and here's a more bearish view: https://crypto-anonymous-2021.medium.com/the-bit-short-insid....

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Re:Ask HN: What is your strategy for significant passive inc... by csomar on Tuesday March 09, 2021 @11:00AM (#26400076)

It's definitively late if you are expecting the x100 returns, and significantly perilous now since prices have risen a lot recently.

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Re:Ask HN: What is your strategy for significant passive inc... by puddingnomeat on Wednesday March 10, 2021 @12:38AM (#26408167)

That depends. Where is the ceiling? There has to be a rational upper bound. Right?

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Re:Ask HN: What is your strategy for significant passive inc... by rulambo on Tuesday March 09, 2021 @06:34AM (#26397850)

Have you taken your time and watched 5 minutes of the linked YouTube video?

HedgeFunds are just starting to get into BTC. The price is still to low for them to allocate even 1% of their capital to it. When the price hits around 500k, then it is starting to get interesting. So, no. It's not.

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