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Re: FlyFishingStocks post# 316840

Saturday, 12/26/2020 9:19:36 AM

Saturday, December 26, 2020 9:19:36 AM

Post# of 425759
FFS, Bitcoin is the Jerry Seinfeld of the investment world...an investment
backed, by nothing! Because of the limited amount of the nothing, it is
given great value because of its scarcity. The more of the nothing that
is bought, the greater the value it has. Many intelligent people believe
that someday bitcoin will be worth over a million. What about the bit
coin that becomes "lost" or un-retrievable for whatever reason. If the
owner of bitcoin dies how is access gained by the heirs. North Korea is
alleged to have hacked into someone else's Bitcoin. Then there is not
the opportunity for compounded returns. With a stock one can plan to
get a double on a stock and repeat the process for the compounding
effect. Unlikely to be able to that with Bitcoin. (One stock idea
for Bitcoin enthusiasts...MKTY...it is a microcap...and I am not invested.)

At least with my AMRN investment I feel I contributed something to the
benefit of humankind...the prospect of a longer and perhaps much healthier
lifespan. I may not be able to cash in on it but it is something I do
treasure. (Still, a financial payoff someday would be nice!)
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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