Bitcoin $781.41

MadJack

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In with a little

just checked current price

54+ BTC
3170 ETH
.615 ADA
and a little GRT .2912
So glad to see you kickin'. Been a long time. LONG time.

Yep, the crypto be pumping. I've been waiting long enough.

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MadJack

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$38k right before the monthly close. All the ETF sponsors trying to secure their bitcoin before the ETFs are approved so that they can sell it. All trying to do it without making the price go parabolic......wonder what happens next?

Maybe when people can buy a share of an ETF, they'll think it's tangible :unsure:

December monthly ended at $42k - and those look like they're going to be January lows. Hopefully nobody listened to kickserv and why he tries to keep everyone poor.

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BobbyBlueChip

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Belly of the Beast
So what does the investor do who has been waiting on this turn do now?
Easiest would be to be in the ETF if you don't care about holding the Bitcoin. You can buy them almost everywhere you purchase stock.

Coinbase if you want bitcoin and other assets. They'll custody it but won't charge fees for managing - only on purchase.

Get a wallet if you want to self-custody, but they're not intuitive yet.

Cheaper options out there, but these are the easiest.

There's going to be 35% drawdowns on the way up. If you're not ready for that, I wouldn't invest.
 
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MadJack

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So what does the investor do who has been waiting on this turn do now?
You need a plan depending on your circumstances.

For bitcoin I have 3 price targets in mind and when they hit I will sell 20% at each target and let the rest ride for my beneficiaries.

I plan to sell all of my ADA at $5 and all of my ETH at $10,000.

Then I'll start buying back in 2026 during the next bear market.
 
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MadJack

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If I was in my 30’s or 40’s I wouldn’t touch any of it this cycle. And I expect to hit my generous targets this cycle.
 
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