0 sats \ 2 replies \ @beorange 13 May \ on: If Bitcoin Hits $100k next day, Do you sell or HODL? bitcoin_beginners
Sell for what?
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11 sats \ 1 reply \ @ZezzebbulTheMysterious 13 May
$Exactly. What is the alternative? Index funds? Money Market Funds?
Put another way, imagine you had $100k sitting in a bank account.
Would you rather have 1 BTC (at $100k/BTC yielding nothing, growing 200%pa [last 10y]), $100k of SPY ETF (yielding 1.6% dividend quarterly and growing ~12%pa [last 10y]) or $100k of Money Market Funds (yielding ~5.4% paid monthly, no growth).
I know I would rather hold the Bitcoin. $100k/BTC is for suckers — we are going to $100M/BTC (1sat=$1) and beyond.
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0 sats \ 0 replies \ @BitcoinAbhi OP 14 May
You are a true Bitcoiner. It will definitely touch $100M/BTC(1sat=$1)
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