At Thanksgiving I wrote an article urging the adoption of some long term crypto strategy based on an asymmetric exponential probability of gain. Since Thanksgiving my BTC has increases 300%, and 900% for the year. I bought some Ethereum in April for for $100 and today it’s worth $1100. Th market cap of the crypto space has grown from just over 300B to just under 1T. I’ve had some 6 and 7 bagger investments in the past but they never grow this fast. Typically it’s a 5 to 10 year horizon. Early this morning there was a dip. Prices fell from $33,666 to $27,900 and have regained $32,327 in about 14hours. That tells you the demand is monstrous. A 17% correction was erased in a hand full of hours.
I recently saw a you tube video claiming if you own just 1 BTC you are in a group of 808,000 people in the world and if you own as little as 0.22 you will exists in the top 1% of BTC holders forever because the # of BTC is capped. 0.22 BTC is about $7260. If you want a 100K/yr retirement for 30 years you need about 15 BTC At todays prices that’s $495K. Pretty cheap retirement to purchase.
BTC and Ethereum constitute an efficient frontier. The least risk BTC:ETH portfolio is 74:26. I hold these roughly in the 75:25 proportion and have seen the fruit of diversification in my own portfolio. I keep seeing predictions based in 2SD regression lines that put BTC at 1M/coin in 5 years based on Flow models. It’s statistically possible but I think something like 20%/yr compounded is more realistic.
Here is a vid on some stats