Search found 24 matches

by nocebo
Sat Nov 21, 2020 6:37 pm
Forum: Investing - Theory, News & General
Topic: 90% VTSAX & 10% Bitcoin (GBTC)
Replies: 61
Views: 3801

Re: 90% VTSAX & 10% Bitcoin (GBTC)

When you read comments like this in the article: it's clear you have to don't to dig too deep to find Bitcoin proponents with fringe theories on monetary policy and opposition to the Federal Reserve. we are reminded how easily our economy could be flooded with new money printed out of thin air; $3 ...
by nocebo
Sat Nov 21, 2020 1:32 am
Forum: Investing - Theory, News & General
Topic: 90% VTSAX & 10% Bitcoin (GBTC)
Replies: 61
Views: 3801

Re: 90% VTSAX & 10% Bitcoin (GBTC)

It was my once in a lifetime buy.... now I'm just investing in stocks/bonds. Never sold a single bitcoin, even though it went from 3.5% of my portfolio to 50%. So why don't I buy more? Had to diversify my portfolio. It took many years for my stocks/bonds to catch up to BTC. It's an easy choice for a...
by nocebo
Sat Nov 14, 2020 10:11 pm
Forum: Investing - Theory, News & General
Topic: % allocation in bitcoin
Replies: 204
Views: 11068

Re: % allocation in bitcoin

What percent of your total portfolio do you think it's reasonable to hold in bitcoin. I know this is a highly unpopular opinion on a boglehead forum, but I do think it has value in the modern portfolio as diversification. I would appreciate comments from people who have studied the principles of bl...
by nocebo
Wed Nov 11, 2020 10:49 pm
Forum: Investing - Theory, News & General
Topic: % allocation in bitcoin
Replies: 204
Views: 11068

Re: % allocation in bitcoin

the end of bitcoin That is a 9 year old article. That's the point.... and in another 9 years, ill quote the naysayers in this thread. The naysayers should get partial credit. As an investment Bitcoin has done spectacularly. As a medium of exchange which people use to pay their rent or buy their mor...
by nocebo
Wed Nov 11, 2020 12:08 am
Forum: Investing - Theory, News & General
Topic: % allocation in bitcoin
Replies: 204
Views: 11068

Re: % allocation in bitcoin

detroitbabu wrote: Tue Nov 10, 2020 12:11 pm
nocebo wrote: Tue Nov 10, 2020 11:48 am the end of bitcoin
That is a 9 year old article.
That's the point.... and in another 9 years, ill quote the naysayers in this thread.
by nocebo
Mon Nov 09, 2020 1:08 am
Forum: Investing - Theory, News & General
Topic: % allocation in bitcoin
Replies: 204
Views: 11068

Re: % allocation in bitcoin

5%. Super volatile but if you zoom out, has had great returns. An arbitrary number but I suggest everyone hold 10 bitcoin and it gets more expensive for me to recommend each passing year.
by nocebo
Tue Aug 18, 2020 12:00 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin: What is it, in Plain English
Replies: 176
Views: 26787

Re: Bitcoin: What is it, in Plain English

So much hate for bitcoin in these comments... but it's still chugging along. Bitcoin didn't care about the haters at 10 bucks, when this thread was made, doesnt care now at 12k, and will continue to not care at whatever price itll be in the future. You would think that a 9 year old thread and 1200x...
by nocebo
Tue Aug 18, 2020 12:41 am
Forum: Investing - Theory, News & General
Topic: Bitcoin: What is it, in Plain English
Replies: 176
Views: 26787

Re: Bitcoin: What is it, in Plain English

So much hate for bitcoin in these comments... but it's still chugging along. Bitcoin didn't care about the haters at 10 bucks, when this thread was made, doesnt care now at 12k, and will continue to not care at whatever price itll be in the future. You would think that a 9 year old thread and 1200x ...
by nocebo
Wed Mar 18, 2020 10:21 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20708
Views: 2830209

Re: U.S. stocks in free fall

It was just -4.88%... man these are wild times

Edit: just saw -4.98%
by nocebo
Sat Mar 14, 2020 7:28 am
Forum: Investing - Theory, News & General
Topic: Bitcoin is around $6k... why is nobody talking about this?
Replies: 104
Views: 8879

Re: The Bitcoin situation

love me some btc but it's a different animal. it isn't an either/or situation.... if you have the powder, you can be in both.
by nocebo
Thu Mar 12, 2020 2:46 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin is around $6k... why is nobody talking about this?
Replies: 104
Views: 8879

Re: Bitcoin is around $6k... why is nobody talking about this?

unless you bought puts 4 weeks ago, everything is down. wouldnt touch bitcoin or really anything right now unless youre DCA into it.
by nocebo
Thu Mar 12, 2020 10:04 am
Forum: Investing - Theory, News & General
Topic: Buying PUTS at this time is it pricey
Replies: 1
Views: 162

Re: Buying PUTS at this time is it pricey

if you know nothing about options, i wouldnt mess with it. the lure of gains is tough to pass but you can really lose your shirt doing it.
by nocebo
Thu Feb 27, 2020 9:25 am
Forum: Investing - Theory, News & General
Topic: Article by the founder of Intuit and Personal Capital: Bitcoin is a scam
Replies: 23
Views: 2314

Re: Article by the founder of Intuit and Personal Capital: Bitcoin is a scam

I wouldn't say it is a scam. It is only as valuable as the community who participates in it agrees it has value. What bothers me about Bitcoin is this... there is no limit to the number of clones out there that can replicate or do something similar. Only being the first in the game and the creation...
by nocebo
Thu Feb 27, 2020 9:10 am
Forum: Investing - Theory, News & General
Topic: Article by the founder of Intuit and Personal Capital: Bitcoin is a scam
Replies: 23
Views: 2314

Re: Article by the founder of Intuit and Personal Capital: Bitcoin is a scam

The article was released after one of the biggest run up and dump in bitcoin history ever... so good timing by the author but nothing he says is new. It's a currency in some ways (not in everyday use) and a store of value in some ways. Is it the best cryptocurrency? No. Has it been around the longes...
by nocebo
Mon Feb 24, 2020 4:32 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20708
Views: 2830209

Re: U.S. stocks in free fall

Stef wrote: Mon Feb 24, 2020 3:56 am What's the cause?
Coronavirus mostly, I'd wager. Hope it tanks big over the next few weeks so I can DCA on the way down. Hope everyone has iron hands.
by nocebo
Sat Feb 15, 2020 12:04 pm
Forum: Personal Investments
Topic: Who’s Buying Bitcoin?
Replies: 307
Views: 19427

Re: Who’s Buying Bitcoin?

I don't understand Bitcoin. Tried to learn about it but it appears that it's value is derived as being part of the system. Take away electricity and throw in a govt reg or two and what could happen to it? Seems like pure speculation to me - but then again tulips were once the rage. I've got a yard ...
by nocebo
Fri Feb 14, 2020 5:19 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3229
Views: 555908

Re: What are you up YTD? [Year To Date]

8.6% in traditional stuff on an 80/20 AA
28% in crypto
by nocebo
Fri Feb 14, 2020 4:53 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Charlie Munger's recent comments?
Replies: 84
Views: 10697

Re: Thoughts on Charlie Munger's recent comments?

Sounds like he's being fearful.... so you should be greedy when people are fearful... so invest in the market!
by nocebo
Fri Feb 14, 2020 2:45 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 6717
Views: 644111

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

I'm honestly blown away by the number of people starting off their investment journey, with this strategy, and how popular these app brokerages are. I wouldn't trust any of them with a sizable portfolio, especially considering the number of reliable big names out there. I'm curious how many here ru...
by nocebo
Sat Feb 08, 2020 8:09 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Talk
Replies: 59
Views: 8073

Re: Bitcoin Talk

Bitcoin is here to stay folks. It goes up, it goes down but it's still worth something. It was maybe 5% of my portfolio at first but has ballooned up to 33% now. You can explain it thousands of times but you either get hate or people that dont value it as much as you do. I think investors that are ...
by nocebo
Sat Feb 08, 2020 4:51 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Talk
Replies: 59
Views: 8073

Re: Bitcoin Talk

Bitcoin is here to stay folks. It goes up, it goes down but it's still worth something. It was maybe 5% of my portfolio at first but has ballooned up to 33% now. You can explain it thousands of times but you either get hate or people that dont value it as much as you do. I think investors that are f...
by nocebo
Tue Jan 21, 2020 10:26 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 6717
Views: 644111

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Threw 60k at the 55/45 allocation in my 401k. Hopefully it pans out in the long run :shock:
by nocebo
Tue Jan 21, 2020 8:56 pm
Forum: Personal Investments
Topic: How Do I Buy Some BitCoin?
Replies: 46
Views: 24064

Re: How Do I Buy Some BitCoin?

Gemini.com or coinbase.com My avg buy in price for bitcoin is 1000. I remember buying it at that price and everyone was saying how it was just 200/coin.... "you're gonna lose money" ... etc. Then it ran up to 20k and now it's around 8-9k. At the time, it felt like a real gamble but now I'm...