With the dollar potentially going away, do you guys sell your btc and alts during bull runs or do you hold 4L as a safe haven against cbdc
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With the dollar potentially going away, do you guys sell your btc and alts during bull runs or do you hold 4L as a safe haven against cbdc
BTC India
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First, alt coins are all scams. Thus, I do not own any.
Second, selling Bitcoin with the expectation of buying it again later is gambling. Gambling with any expectation of coming out ahead is foolish. Fools and their money are soon parted. Why fuck around and get rekt?
I hold Bitcoin as my retirement savings as a safe haven against fiat currency, inflation, criminal bankers, Wall St. criminals, government criminals, wealth confiscation, spending censorship, etc.
Property and income producing business
If the dollar goes away, it will most likely will only change form, maybe to Bitcoin maybe to a cbdc, maybe both
Very few people noticed the change when we went off the Gold standard, I don’t really see it being any different this time, we will gradually make changes, those paying attention will notice the rest will have no clue and will continue on.
I have already used btc to buy income producing assets, which I use the income from to buy more btc only time will tell if that is a good idea.
The dollar isn’t going anywhere anytime soon. The only reason btc is where it is is due to all the millionaire’s and billionaire’s being too scared to sell their bags at even more of a loss than they’re already at, and relying on hope that it’ll go back to ATH so they can dump.
Take profits into gold bullion.
I really doubt the dollar is going away anytime soon