3309 Drysdale Ct
Edwardsville, IL 62025
Thanks for the chart. This is exactly the type of situation I'm
watching for longer term buying opportunity. I have no direct
exposure to crypto at the moment, only the Coinbase that Cathie
owns in ARKK, which is only 3.68% of the fund at last glance. And
that fund exposure is only like 2% of our total assets. So it would
be nice to grab some crypto on a market meltdown. It appears to be
here to stay. I would probably look to put 1-1.5% of our assets in
something like GBTC or GDLC (large cap crypto trust) if I got my
price. Would be nice to see 20k, but the market will decide. I'm
Years ago I was able to acquire muni bond assets for incredible
prices with Meredith Whitney did the tour scaring everyone that
massive bankruptcies were coming. I still have a lot of that
exposure to this day and have just been compounding the interest.
It takes patience, but these are the situations to pounce on. I've
done that in oil multiple times and used leverage to achieve
massive gains. One tip I'd give is that I use an amount dollar wise
in allocation that you could care less if it is up or down during a
given day. That way its easier to hang on. When you aren't checking
in multiple times throughout the day, it may be the right amount.
Its very personal as always. Thanks everyone
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