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Shake a magic 8ball. You will get as accurate as an answer as anyone else here will give you. My suggestion is to never bet more than you can afford to lose. If he believes in bitcoin and the technology. Then he should invest in it by diversifying his portfolio. Not taking out loans against his retirement fund to purchase it. That is how people get wrecked and end up in shitty abusive retirement homes. Tell him to convert his 401k into 50% precious metals IRA, or preferably hold it himself. 50% into bitcoin as a store of long term value also stored in cold storage only. Don't trust any crypto exchange. This is not financial advice. It is sage advice. Holding any amount of money in fiat aside from what you are forced to use in daily life transactions is unwise anymore with hyper inflation. If you are holding more than a couple hundred dollars in fiat anymore. I consider you to be way behind the times. Any currency based on debt is compliance in both slavery of populations and of your own self. The only true freedom and long term wealth you can achieve now. Is by boldly owning only the currencies of kings. #bitcoin #nostr #zap
2024-11-22 17:26:53 from 1 relay(s) ↑ Parent Reply