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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (77233)2/25/2025 3:33:56 PM
From: Madharry  Read Replies (1) of 78516
 
As Bitcoin goes into a temporary swoon , My thinking is as follows- there will ultimately be a total of 21 million bitcoin. there are currently over 22 million millionaires in the US and about 60 million world wide. If most of these millionaires allocate a small part of their wealth to bitcoin there is simply not enough bitcoin to go around except at much higher prices. On top of that no one expects the US dollar to be stronger in 10 years than it is now. I am increasing my speculations in the bitcoin/crypto space by adding to beyond and galaxy digital as they decline in price. I am hoping that at least one of them turn into home runs for me. I feel like both of these companies are run by guys who are a lot smarter than I am.

I am debating whether to hold on to my 2% exposure to AMZN.
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