-
Not really, if I was confident I'd be shorting it.
I think a single catastrophic event with BTC is unlikely (e.g. a flaw that renders it useless overnight). A slow gradual decline in price is more likely, which is going to be hard for the 401(k)/SIPP folk.
MSTR has the capacity to halve very quickly if there's any problems.
Also MSTRs wallets must be the most targetted things in cybersecurity right now - any serious fuck up by anyone in the chain and a huge chunk of their assets could be gone in a puff of smoke.
If I was ~30 I'd consider having maybe 20% of my pension in something like that. As I'm 5-10 years away from retirement it's more like 1% or 2% I'd gamble that way. (I am quite risk averse though.)
Greenbank-
20% of my pension
(I am quite risk averse though.)
As someone in my mid-thirties this made me re-think my risk appetite...
-
Maybe it’s just the pension providers I’m with but I’ve never been able to pick individual stocks for a pension. Should I be able to?
On risk I’m sure there is plenty but I think there is a lot more sense in investing in btc than a great deal of the stock market given the amount of toxic debt swashing about
-
I was confident I'd be shorting it.
Could be years away.
The gradual decline theory is an interesting one, thanks for sharing your thoughts on that.
To me, the rate and scale of change of price plus lack of intrinsic value puts it firmly in bubble territory, but I'm fully aware that bubbles can persist for surprisingly long periods of time.
-
Also MSTRs wallets must be the most targetted things in cybersecurity right now - any serious fuck up by anyone in the chain and a huge chunk of their assets could be gone in a puff of smoke.
They use Coinbase, Fidelity, etc. But I'm sure that there would be quite a bit of interest in acquiring the login details for their account!
jamesl
Tenderloin
ChasnotRobert
frank9755
Isn't it more of a "when"?