So for all those morons who thought it was a scam, if you had bought it at its low of 16K back in December of 2022, you'd have made 400% by now. Too bad for you. Source: https://finance.yahoo.com/news/bitcoin-surges-to-top-60000-putting-it-within-striking-distance-of-all-time-high-134020358.html
-- Edited by Clotibrut on Tuesday 9th of April 2024 03:35:55 PM
Imagine actually thinking something that can so quickly swing three times it's value on a given date - something that has had tons of huge swings over the last few years just like it - is a store of value.
Your strategy of balancing your investments between the S&P 500 and bonds, CDs, and fixed income shows a cautious approach, which is wise given the current market conditions. I agree with your point about market corrections being a natural part of the investing cycle. It's essential to have a diversified portfolio and not panic during downturns. As you mentioned, trying to time the market can be risky, so patience and a long-term outlook are key. If you're looking for another way to engage with your investments, you might want to consider trying out crypto games casino. They offer a different kind of investment experience that can be both entertaining and potentially profitable.