These are exciting periods for dollar cost averaging when you can accumulate more for the same amount of USD (that's being inflated away at an increasing rate) [Reply]
Originally Posted by Halfcan:
Beanie Babies were a better investment than this- at least you could let your kids play with them once their value plunged to nothing.
I'm not going to go back and read through 245 pages of this thread, but I can almost guarantee that when the Beanie Baby and tulip talk is the loudest is when it's been the most profitable time to buy bitcoin. Although it's been profitable long term at any time.
Originally Posted by Halfcan:
Beanie Babies were a better investment than this- at least you could let your kids play with them once their value plunged to nothing.
A guy so dumb I have no idea how he gets his hooves to even press up against the keyboard to type letters decides to weigh in. To be known as being dumb even in a place like this where the bell curve is so forgiving is amazing. Thanks for chiming in Halfcan. [Reply]
If I had nothing invested in crypto at the moment I'd view this as the buying opportunity of a lifetime. Pick whatever project or coin you believe in and layer in down to the lowest possible logical denomination of it. For me I have eyes set on ETH SOL and BTC. Buys on ETH as low as 300 dollars all the way up to the 2000s with increasingly larger orders on the lower end of the price scale.
Whatever you do be smart, manage your risk, and do your own research. [Reply]
White House Plans Executive Action to Regulate Cryptos as a Matter of National Security
The Biden administration is preparing to release an executive action that will task federal agencies with regulating digital assets such as Bitcoin and other cryptocurrencies as a matter of national security, a person familiar with the White House’s plan tells Barron’s.
The national security memorandum, expected to come in the next few weeks, would task parts of the government with analyzing digital assets and assembling a regulatory framework that covers cryptos, stablecoins, and NFTs, or non-fungible tokens...