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Handsome_Hero
Bitcoin University
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Comments by "Handsome_Hero" (@illegalsmirf) on "Will Bitcoin Kill All Stocks?" video.
'Corporations have given us ...' And a lot of the basic research was publicly funded. I wonder if corporations would bother to do it if they couldn't get government guarantees of bailouts, tariffs and subsidies, IP protection, public/private partnerships, tax breaks and other 'incentives'?
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The best strategy for stonks is to average in, buy and hold an S&P 500 ETF or QQQ. Over a period of time (5 or more years) you're guaranteed to make money. You can 'set it and forget it' and not have to sit at your computer timing your entries and exits. The difference being that that money is actually then used for productive activity, whereas money parked in BTC is effectively off the grid and has the same depressing economic effect as hoarding.
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@kirkD9349 Depends. Did you go 'all in' at the ATM, or were you averaging in during those 13 years? Also, the simple 50-day/200-day 'golden cross' strategy works very well with S&P 500.
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@Bitcoin_University Savings is money that remains in the system (one way or another, banks are able to access it and loan it back out again). Your BTC is out of the system just like vaulted gold bars are, so it is a leakage that is not injected back in again.
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