A year of food and water0.0%
A homestead0.0%
Knowledge and skills15.8%
Physical and spiritual health21.1%
Marriage and family10.5%
Guns and Ammo0.0%
Stocks, bonds and dollars0.0%
Riding waves of shitcoins0.0%
Gold and silver0.0%
Bitcoin52.6%
19 votes \ poll ended
Determining the best investment is unique to each person.
For example, if you're homeless, selling Bitcoin to buy a home is a smart decision. Best maybe.
If you already have a home, then start buying Bitcoin only. No other assets are with investing in. Only Bitcoin has room to grow more valuable as a percentage of total human wealth.
reply
I disagree about the house. If bitcoin is the highest potential growth asset and you have very few responsibilities other than your career then it makes sense to forgo a premium dwelling in favor of stacking more sats. You are right, it depends on each person and where they are in life.
If you have a place to stay, and you aren't still living at home, upgrading to an owned property may not be the most wise decision. Staying at home holds you back, so that should be your last-ditch option, even over living in your car. It also may be a wise decision to invest in land and to build a small building to spend your weekends. This could help with your physical and spiritual health in addition to security and a place to store food, fuel and water.
reply
Incorrect.
At 4 year cycle highs, it pays you to buy a house and then pay back the loan in BTC as the price drops over time.
The lender should only care about how much BTC they have. The borrower gets to buy a house for like 75% off.
This arrangement makes the volatility of Bitcoin work for BOTH PARTIES.
Every 4 years you can upgrade.
There's many ways to use Bitcoin. Be creative.
reply
Its not a risk I'm willing to take. There are no free houses.
reply
We take a working body that is not in pain for granted... Until it isn't, and we realize that all big talk is fun and games, but what you really need at the end of the day is good health and a loving family.
reply
Physical and spiritual health are most important, but you can't buy that or invest in it. No amount of money, exercise or meditation can assure good health.
reply
Exercising and good recovery will almost always increase your lifespan and quality of life.
reply
Investment is what you do with your time; It's where, when and how you build your capital; It determines what kind of capital you accumulate. If you invest all your time feeding the bottomless pit that is your physical desires rather than building capital, you will end up with nothing.
It is also not wise to invest in only one kind of capital. When and how much to build each form of capital is where wisdom is required.
reply