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A comment on Spot Bitcoin ETF receives official approval from the SEC. Parent comment

Re:Spot Bitcoin ETF receives official approval from the SEC by NicoJuicy on Tuesday January 16, 2024 @04:44PM (#39019571)
Ugh.

Ok. So when nothing special happens in your perfect currency, it divides by 3 or 4 in value in a year.

Yeah, that seems great! Go for it!

[ Parent | on HN ]
Re:Spot Bitcoin ETF receives official approval from the SEC by LAMike on Sunday January 21, 2024 @02:49PM (#39082271)
> Yeah, that seems great! Go for it!

I mean, it is the best performing asset of the last 10 years, so yeah, it seems pretty great to anyone who has a brain.

A 98% cash and 2% Bitcoin would beat the SPY returns for any 4 year period since inception. When making investments, its important to have a long term outlook. Do you just live day to day without any planning?

[ Parent | on HN ]