patrick.net

Onvacation says

WookieMan says

"technically" should be over $1M value or higher if all these crypto guys are right.

I occasionally buy a lotto ticket when the jackpot is huge. I don't check the ticket immediately pretending I'm a billionaire for a while.
Crypto is like that, but with smaller returns and less electricity used

We're in agreement. I just want to toss a Chinese balloon out there and see what happens with 3 dinners worth of money over 20 years for the kids. I'm not going to tell them. They won't know it exists unless I die.

Like I said, will never put my earned money into crypto. I don't have the risk profile for what I've already been getting good returns on. I invest in stuff that never freaks me out even if it goes down 10% or so. I know it will come back. I don't ever expect 15-20% YOY returns though either. Slow and steady and keep investing. 3% on a million is enough for me to live off solo. On target for $300-400k of interest at 59-1/2 without worrying about draining our accounts.

No point in gambling on crypto for myself. If my boys by some miracle it turns into a $100k awesome, or if it goes to $0 they have a lifetime to make $100 income in a day even in high school. Kind of like Muskie fishing in Wisconsin or Canada. Hard to catch, but sometimes you get one.

Bitcoin quantity may not be capped

https://www.forbes.com/sites/digital-assets/2024/12/19/blackrock-just-quietly-confirmed-a-devastating-bitcoin-price-bombshell/