If you are putting funds away for a house purchase (aiming for 2030) and wanted to take a bit of risk, would it be insane to put maybe 10% of downpayment into Bitcoin/ETH/XRP knowing it wont be touched for 4+ years? Especially during these huge dips when BTC is like 60k and can stake the ETH. Is there really a world in 2030 where this stuff will be completely worthless?

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That is not taking a bit of risk. That is gambling 10% of your money. Likely won’t go to zero in 4 years but decent chance it is worth less than now.

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Trump made 1.4 BILLION off crypto in one year. Is he wrong???

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It’s a way for interested parties to bribe the Trump family without directly paying bribes. The Trumps launch a new crypto and foreign and domestic parties (along with Trump superfans) dump money into it, boosting the Trumps’ net worth. It’s not because the underlying assets are good, it because the people buying it like Trump or want to influence him and there’s not nearly the level of transparency or accountability there would be if they were dumping money into a publicly traded company or some other vehicle.

DCA SPY, only go BTC if you are willing to light that money on fire

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Gold….because it might go up, but it’s also a hedge of your other 90 percent denominated in US$….

funny

Bitcoin definitely. XRP I wouldn't buy until it was 60 cents.

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I put in some money on a smaller scale last week and the portfolio has unrealized gains of 15% today. Based on these responses it seems like this is some short term luck and should cash out immediately...

Ignore the crypto haters. If you can tolerate significant volatility and risk then go with a small allocation (maybe 5% instead of 10%).

It depends if you need true growth to afford the down payment or you are looking to preserve capital and beat inflation.

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Can you explain why you think Bitcoin will be worth more in four years than it is right now? If not, don’t buy it.

Sure Buffett and Munger could be wrong….

Why not just fly to Vegas and put the money on 7 Red….

NO BITCOIN

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