This is the reason why the world’s largest asset manager, BlackRock, is telling you to allocate 84.9% in #Bitcoin.

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likefunnysmart
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No they aren't.

likesmart

I'm sure someone was adamant you should invest all of your money in tulip bulbs in the 1600s too.

likefunny

Lol it’s been way longer than 3 years though? Lotta people seem to love these “tulips”. It might make sense just to get some in case it catches on 🌷

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funny

Putting aside this post is blatantly false and at best a troll, consider any crypto purchases an entertainment expense vs. an investment.

Sure, you might win the lottery and outperform the market, but if you put all of your money in lottery tickets, you have a decent chance of ending up without a home.

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Buddy, I’m just trying to buy a home in 4 years

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smartfunny

There's an asymptotic limit

Like Peter Thiel bought 10% of Facebook for $500k...which would be a 100,000x return if he never sold any (he sold a lot).

...but if you buy Facebook today, a similar return is obviously mathematically impossible.

It's the same with Bitcoin. You should not bank on getting the same returns as early adopters when the market cap is already $1T+.

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No one’s talking or promising asymptotic limits here. It’s just predictable “halvening cycle” common sense at this point mate

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funny

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