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Re: ap17 post# 35260

Wednesday, 11/08/2023 11:25:42 AM

Wednesday, November 08, 2023 11:25:42 AM

Post# of 36012
Boring as in stocks, bonds, metals, commodities, etc. You can do OK in those kinds of investments; indeed most of my plays are in traditional investments, selling options and capturing dividends from blue chips and so forth. But crypto is not like that... not yet.

Crypto was more fun at the beginning, 10 years ago, even 5 years ago. A roller coaster ride, one that was life changing, if you got off at the right times. Back in the day, getting some Bitcoin wasn't just an action, it was an act of defiance (or self-defense), a statement about the way the world works. And you could make some serious gains while doing it. That (the money-making part) is the promise of this latest cycle. Bitcoin might triple, Ether might do twice that. Solana may yet prove more than a VC coin. And the chance to 100x or 1000x if you pick the right altcoin? That is still possible this time around. But this might be the last chance to take the kind of ride where your life can change in a few years. Once institutions get in and control so much of it... well, we will see. That is what I mean by "enjoy the ride." It might be the last one worth getting on.

Frankly, I am not in a hurry to get the ETF approval. Remember the futures ETF (BITO) came out at the top of the last bull.

As for XRP, it needs to do about a 20x from here to take care of me. Gooooooo XRP!

Conversation overheard in a swamp:
"I like your coat."
"This old thing? It's just a standard coat. Although it is double-breasted, so I guess that
makes it a double standard."
"Where can I find a double standard like that?"
"Any Banana Republic."

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