RE: Bitcoin to soon benefit from the same animal spirits as Ethereum?

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Haha well thank you for putting that disclaimer for me at the bottom of your comment. Now, moving past that, to properly give you some advice I need to know a little more about your situation...

  • Do you already have BTC?
  • Are you planning on holding for a long time or just for a quick trade?

Overall my thinking is that you may get slightly lower prices in the near term, which means you could wait for a bigger dip, however, if I didn't already have some BTC I would probably just buy now, today. Then once I had BTC I would park it some place that pays me interest in BTC or even wrap it somewhere. I treat BTC like a savings account that I don't plan on touching for years.

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(Edited)
  • No I don't have any
  • Buying 2 or 3 BTC and holding it for long term. Maybe 5 to 10 years. Iam not in to quick trading. If anything I would cash some out in 6 years when my girls start going to college for their room and board etc..etc..

Again the Disclaimer still applies :)

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Then yea I'd probably just get in here, especially after we just dropped today. Anything around $10k is probably going to be just fine a year or two from now.

The cool thing is that you can park it at some place like blockfi and collect 6% interest per year compounded. If you plan on holding for 5-6 years, that interest will really add up.

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Wow, 6% interest per year is nothing to sneeze at. I will have to check out blockfi for sure. Thanks again :)

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A friend of mine has a referral link you can use where you both get $10 in bitcoin I believe for signing up and holding at least $100 in the account for a month.

I signed up through his link as well:

https://blockfi.com/?ref=69fdd290

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