Most young people should have the majority of their savings in bitcoin.
All in. No regrets.
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Replies (97)
My bitcoin is my pension.
Nuance. There is a threshold above which your allocation should *not* be mostly bitcoin, and you should start allocating to your "boomer book." Then there is a boomer book threshold above which you should start allocating mostly to bitcoin again.
Yeah this video was the worst advice imaginable. Imagine encouraging a young person to be the HOLDER of fiat denominated debt and not the recipient.
That's like keeping your money in cash in a dry paper trash bag next to your collections of matches stored underneath your stone sanding blocks.
too bad i'm not fucking young anymore!
Low time preference 🫡
“Airplanes shouldn’t be your primary mode of traveling overseas.”
🟠💯
Basado
Millenials and Gen Z, LFG ⚡
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I like how he does a double take after he says "bitcoin should not be a dominant portion of any investor's portfolio" and nobody agrees with him wholeheartedly like he expected 😂
Indeed
damn that was awkward. he just smiles through after he says Bitcoin shouldn't be a major part of a portfolio.
😬
True
"Bitcoin shouldnt be a significant part of ones investment portfolio."
I partially agree with the guy.. Bitcoin is savings, not an investment. It only has investment aspects due to information assymetry and fiat inflation pressure. Its nice to finally have a store of value in the modern age that isnt based on corruption, cantillionaire pressures, and the like from monetary policy manipulation
55 years young and I'm all in 🐇🕵💛
👍👍👍
Watching these scum is disgusting. 🤢
Who is this chooch in the blue suit, zero coin chooch, hfsp
Needs the curb your enthusiasm jingle after dude says you shouldn’t own bitcoin
Middle aged and all in……
Oh that awkward pause... 🤣🤣🤣 it's so yummy 😅😅
Only someone who doesnt understand bitcoin enough will say that. When you fall into the bitcoin rabbit hole and keep learning about it, you will reach a point where it klicks and then you will understand that "diversify" dont make any sense. The hardest money will always win. Just a matter of blocks.
Us old people too, no excuses. 100% all in!
What does that seed oil drinker in a suit know about bitcoin anyway?
Not financial advice. 😉
I'll never forget when I gave up the normie wisdom of "Diversify."
I divested any and all shitcoins, and looked for ways to convert other assets to Bitcoin.
Shitcoins, Stonks, and Bonds don't fool me anymore. But I repeat myself.
I couldn’t agree more.
Yeah that awkward little silence was beautiful.
Financial advisors and wealth managers hate this one simple trick.
Its true 🤙
It looks to me like Kelly has some bitcoin or is about to.
I'm loving the shift in how it's being talked about. The smarmy financial advisor is becoming irrelevant.
✅
For all you maxis here, if we all go 100% bitcoin, that means that all the real world stuff will be owned by somebody else.
If everyone is just bitcoin, who owns all that stuff?
So clearly there should be some nuance beyond all in bitcoin forever
Didn't blockrock say 85% Bitcoin 😆
I also agree somewhat, for me personally I think there should be thought given to diversity. There are pros and cons to it and unfortunately a lot of people in the world will likely not be able to diversify.
The fella with no jacket is a bitcoiner
Fine. You talked me into it. 401k cashout incoming
Everyone will be a bitcoiner eventually.
And I do.
Love the pause after his comment and the quiet “hmmmmm” clearly disagreeing
Camera on him smiling
Ill be looking this up to see the whole thing
I love her "oh fuck you, you smarmy dick" awkward pause.
"Its always the super secret coders.... always...." Janet Yellen
Dude in the blue jacket is a fuckin moron
NO RAGRETS!
Back when I was on TV in the 60’s, I wish I could have been shilling 100% BTC allocation to the kids, unlike this wuss. Live for something!
I don't watch TV, so obviously I don't take advice from TV.
Yep. Their future me will be grateful for that!
Visit https://bit.ly/earnnftsandscrypto to stack them sats for free!
Let's be clear, Bitcoin should not be a dominant portion of any investors portfolio... Okay?
I look at it this way:
Bitcoin takes off: high probability, reward ~30x
Bitcoin fails for some reason: low probability, reward 0x
With a 100% allocation I might get rekt. While something like a 50% allocation makes me happy whatever happens.
How do you move a 401k to #bitcoin?
So true so true so true.
Both Unchained and Swan have solutions for that. Unchained is self-custody.
diversify between as much middle men as possible
multiple offspring and the eldest stack autonomously while I stack for the younglings. There is no alternative for generational wealth for digital natives.
Last time I checked you couldn't buy £10 of land per week.
Thank you for the answer
All in!
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They're fucked otherwise 🙏🏽🤙🏽
Puedes tener diferentes monedas pero tus ahorros tienen que ser 100% en #bitcoin
Most young people should have the majority of their savings in bitcoin.
All in. No regrets.
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🫡
I'm not necessarily 'young' but I'm all in. I'd say anyone under 50 should have a significant portion of their assets in Bitcoin.
Aged like a fine wine. I believe this was recorded at around 28k - I wonder if Mr. Suit over there is still smiling.
“…Ok?”
STILL SO EARLY.
THE BIG MACROECONOMIC TREND IS TOWARDS SCARCITY. THE TREND IS YOUR FRIEND.
Not in all caps, not sure if I should listen to or not.
Most young people should have the majority of their savings in bitcoin.
All in. No regrets.
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All in 🌽
Gm @ODELL
💥
Most young people should have the majority of their savings in bitcoin.
All in. No regrets.
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this is the way
My bitcoin IS my kids’ saving.
🤡
🤟🤟
Eu gostaria
🧡😀
As it should be.
ITS A SIMPLE LIFE
Not even a single letter
That smile and awkward pause looking back and forth nervously is absolutely gold...err... absolutely Bitcoin 😀
That's the look you give when you're about to get your teeth kicked in.
I diversify between on chain, LN and cashu mints.
SUITS NGMI
I diversify between stacking sats and zapping
Any allocation of bitcoin gradually becomes the dominant portion.
Most young people should have the majority of their earnings in Bitcoin.
Ride or die
Banger per usual
Says the banker…
Diversification is for losers. ALL IN.
I'M OLD ENOUGH TO REMEMBER NO-CAPS ODELL
Most young people should have the majority of their savings in bitcoin.
All in. No regrets.
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Once you got it you can buy with more and more conviction 👍🏻
lol at the bonds
Wise words
All in. No regrets.🫡
I understand many are all in in #bitcoin and I respect that ..but for me I think 30: 30 : 30 portfolio makes sense !
30 % #bitcoin - 30 % #gold - 30 % VTSAX (or VTI)
10 % cash or things I really want to support - eg $MSTR , $MARA
What is your strategy ? #askNostr
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The default is you are always given bad information by main stream media and bankers……..
I tend to do exactly the opposite of what they tell me and I am better off for it…..
This is true for wealth, health and every aspect of your life……..
In 2017 at the end of the block size wars, I discovered #bitcoin, and my employer at the time had a retarded moment where they decided they wanted lots of people to waste lots of time being innovative so that their great ideas could then all be thrown in the trash and forgotten. My contribution was a proposal for them to adopt #Bitcoin, and a made a solid argument.
The finance manager I was trying to work with eventually asked me "would you want to be paid in Bitcoin?" I said yeah, maybe.
I pushed the idea for a bit more but of course nothing happened. When it reaches #100k, I'm going to find him and some other folks on LinkedIn, and remind them of the missed opportunity 😅😅
#plebs #plebchain #grownostr
Most young people should have the majority of their savings in bitcoin.
All in. No regrets.
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These people are marking themselves as idiots in the history books of the future.