RE: Generating Wealth: Are you ready for the bull?

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RE: Generating Wealth: Are you ready for the bull?

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ericvancewalton in Discovery-it • last year

The bitcoin ETF approval definitely was a "sell the news" event for a lot of people. I just can't imagine letting any go right now but the Wall Street firms were more than happy to scoop those coins up. I see a protracted bull run this time, stretching well into 2025.

I know what you mean about having anxiety around large purchases. I usually do a super deep dive on anything I buy and am still sometimes disappointed. You're a brave man for buying something like this for your wife. There's no way I could do that. My wife is ultra particular. I wouldn't want to suffer the repercussions if she didn't like it.

Isn't it crazy to think of things in terms of Sats? Within our lifetimes I don't think most people will be able to own a whole coin. Those who were early, were strong enough to hodl, and didn't lose access to their coin(s) will be richly rewarded.

last year in Discovery-it by ericvancewalton

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bozz last year

I think 2025 will definitely be the case. I've said to you before and I mentioned in the post, I don't think I have any good wealth generators (besides HIVE), so my gains will be more of a one and done thing which is the main reason I feel like this bull won't be so big for me. My wife would rather not be involved in the process. She usually just says "buy me whatever", but then I take it personally when she critiques it. That's on me though I guess. I'd love to own a full BTC one day, but I don't see that happening anymore. I think I missed my chance when it was down around $6000.

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ericvancewalton last year

I will be mostly on the sidelines this time too. I don't own any alts to speak of anymore except for Hive (and can't cash that in as an American). It worries me about the risks that people are taking to own a whole coin now. I've heard of people selling property and mortgaging homes that are already paid off. It could very well pay off for people though.

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bozz last year

Oh wow, I hadn't heard that, but I guess it doesn't surprise me. I was thinking about taking out a home equity line of credit the other day, but I was going to get new windows,not buy crypto! :) I think another part of my problem is the fact that many of my alts already had their day. I can't expect that they will repeat past performance like the major cryptos do.

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