ATM

Msc_is_a_fish_label

They dont have to sell BTC to pay dividends tho. You realize that at their current rate they just tap the ATM once and can pay all the dividends, right ?

mrjune2040

I just saw him, he took a long position in BTC at my local Bitcoin ATM. And he told you not to worry about the Mark of the Beast, when he creams this long position he's going to distribute Satoshi's to all mankind, denounce all religions as quackery, and invite everyone out for a beer.

Omniwatch

Agreed. This and see BTC ATM in Costco.

groovur

What would happen out of curiosity if another company tried to buy another 600k bitcoins? I think it would lift MSTR share price and they would ATM and just buy more than the other company. I don't see how that it is possible to catch Strategy anymore.

Thatisnotthecase101

This is generally just a thought experiment. Thiel himself says that anonymity is important for the design so that it can function decentrally. However, should BC become systemically relevant, the person with the first coins would have an extraordinary new level of power. Together with what he does ATM in politics, it would fit well into his 4d chess. Cheers

YetiKing16

Taking profits at an ATM is never a bad idea imo

blindexhibitionist

ATM always seems like the absolute worst way to invest in btc. I use cashapp because it’s easy and then plan to transfer to cold wallet once I reach a goal

Artemis647

Everyone go buy $2 at their closest ATM!!

UnsersGottaGo

i'm sure if you hit up an ATM it's over 110k 😇

jimmybirch

Research cold wallets and how to use them, then go to a Bitcoin ATM, they usually have a litecoin option… you’ll get hit hard with fees, but will avoid KYC

xmrstickers

No it doesn’t. It’s like withdrawing cash from an ATM. Sure, they know you did that - then what? Every other coin they can follow on chain. Not the case with monero, so what purpose has been defeated? Yes, I agree it’s better to get non-kyc coins if possible. But to say it defeats the purpose is disingenuous.

sandnnn

Most credit card companies will not all crypto purchases. Best bet is to get the cash and use a Bitcoin ATM.

Apart_Tutor8680

In 2012-13 a local pizza joint had a bitcoin ATM by the front door. Chances are, if I put 20$ in it, it woulda been lost or stolen somehow by now. Probably better off to have not bought , than the cloud of guilt of loosing it. Also remember begging my parents to buy some. But it was almost impossible to do it online. Same regrets not putting 10k on Apple back then or some other stock.. makes you think right now what the future will hold in 10 years

Fabulous-Pineapple47

Why not use the ATM? What are their limits on cash withdrawals at the ATM? When I want a large amount I just withdraw it from the ATM, and spread it over a few days or different ATMs if its more than the daily limt.

Notoriousrb

Nothing about what they are doing is sustainable. From making no money as a business to convertible notes and ATM offerings.

DrSpeckles

It’s just so much easier with a crypto ATM. Someone else said in another thread they have no value whatsoever that isn’t illegal,and they are probably right.

coinfeeds-bot

tldr; An elderly widow in Australia lost $281,000 in a romance and investment scam involving cryptocurrency ATMs. Authorities identified 90 individuals, many as victims or unwitting money mules, in a year-long investigation into crypto ATM misuse. AUSTRAC introduced new regulations, including transaction limits and scam alerts, to combat fraud and money laundering. Over $3.1 million was lost in crypto ATM scams in 12 months, with nearly half of victims aged over 51. Awareness campaigns aim to educate the public on crypto ATM risks. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Any_Brick1860

In the US, ATM can only allow you to withdraw up to $600/day

Awfulmasterhat

It's the same thing in the USA, you can't just go to an ATM or bank and pull out 10k. You have to call ahead of time and they'll ask you what the money is for and more.

wealljusstrynamakeit

Most atms allow you to withdraw much more than $300. Most banks have atm limits set to $300 but you can always adjust those. Mine is 2k and I can always comfortably hit an ATM if you're in dire need. $300 would hardly be sufficient for most emergencies.

serialenabler

My bank allows 1000 per day ATM. I also believe it's 10k or more withdrawal per institution and you will be flagged.

rebel-scrum

There’s a chasm sized difference between politicians moving around billions of dollars with zero recourse and your average Joe nobody withdrawing a few grand to pay for car expenses, a remodel, or even groceries for that matter. …unless you’re saying that politicians are going around paying hush money by repeatedly pulling €2,999 from an ATM to “avoid detection” and getting away with it.

MonTigres

[Pionex.us](http://Pionex.us) and MEXC have pretty much the lowest rates in the business. Have been happy with Pionex and have heard good things about MEXC from friends, but your selection of exchanges is limited by your location, too. If you'd prefer not to KYC and want some semblance of anonymity, then--weirdly enough--a crypto ATM (like Constar) might be an option. You input cash into the machine and then get an account. Granted, the one crypto machine I checked out offered only about five cryptos--but still. Cash into crypto and fast with max anonymity.

Alternative_Heat_808

lmao, I love how ATM transfer fees have NOTHING to do with the corruption he mentioned. what des he think politicians are paying off people 1501 and 3001 euros at a time?

NastyStreetRat

1500 ATM and 3000 transfer

Kracus

I've spent 7k using my ATM card.

NastyStreetRat

Withdrawing €1,500 from an ATM is in the news today. I read about the €3,000 thing a while ago. It's not like they're going to investigate you, but they've certainly sent some kind of signal to the Treasury. If you withdraw three or four times in a month, they might investigate you, but for just one time, you'd have very bad luck.

Novel_Yam_1034

I withdrawed 3k from a Santander ATM once last year, had no problem. I might be lucky tho.

MattBonne

ATM has cap, how about cash withdrawals from counter service?

NastyStreetRat

Spaniard here. If you withdraw more than €1,500 from an ATM, you may be investigated by the tax authorities. Transfers of more than €3,000 may also be investigated.

Best-Click8583

Then don’t beg for money here. Go walk to a place that sells BTC gift cards, or a BTC ATM. As for the trading, don’t. You will fail I guarantee it. Listen man I came from dirt poor poverty and worked my way to houses on different continents. How? By not trading, being responsible and stacking sats.  Actually here’s my advice. Read or listen to the book “the bitcoin standard”. Otherwise you’ll just waste your time and money. 

AlertAnt9245

Fixed supply, 21M Coins, fiat Currencies are being continuously debased. There was a time where Bitcoin was all about wealth creation but ATM it is more about wealth preservation. Google your Fiat Vs BTC ($£€) and you will see. Personally less than 15% of my Crypto portfolio is in BTC and is a six figure portfolio. I love the speculation on Alts, the real world applications via Defi and RWA's, the growth of AI, the inevitable necessity of DePin. Its all speculative but that doesn't mean it cant be profitable. You can take debt against Bitcoin, invest it into business and/or equities. Generating real world Wealth. Learn the difference between money and currency, Goodluck!

herbeauxchats

It’s all fun and games until the creepiest thing ever, that could happen… Could happen. Electronically, your money could absolutely disappear. However, when you put cold hard cash into the ATM to deposit at your bank, it also disappears into an electronic number. It’s an actual progressive advancement of tech. There is no difference in putting your faith in an electronic valuation of money than the actual cold hard cash valuation of money. It’s the same. At some point, you have to have faith in the system. If at some point, the people that are running the block chains abscond with our money… We’ll have to find a way to get to their private islands so we can drag them out into the street and cut their heads off.

Acceptable_Hand8622

Not that I plan to exchange for fiat, but what are the fees like. Surely more for an ATM than through an exchange. Paying for convenience? I would expect any withdrawals I may make in the future will be more than an ATM will allow anyway. Until mass adoption and CGT law changes, ATMs are for fiat imo. Live with fiat, save in BTC.

Jim_tdot

There is a bit coin ATM in a mall nearby that I go at least 3 times per week (my gym there). The only people that I have seen using the ATM are probably 70+ Always thought whether someone is tricking them to send bit coins!

eat-my-rice

Wise charge 2.5% fee, so it’s better to withdraw from the ATM and deposit into a bank account

harrumphx

Most people would create an account on an exchange, sell the btc there, and transfer the proceeds to their bank. Without a bank, the recipient would be limited to either selling directly to someone else for cash (can be risky), or possibly using a BTC ATM machine (high fees and crappy rates).

trixtah

Cheap? Look at ATM puts for every expiry into 2027 and tell me where you’re finding cheap puts?

ComprehensiveSwan698

If I had the balls, I would be selling ATM naked calls expiring in a year

BigDeezerrr

Seems similar to situations when an ATM glitches and spews a bunch of money out to someone erroneously. In those cases it's considered illegal for them to keep the money.

GamerRevizor

New technologies. Ran up, took ATM, stole money

adistantcake

Being in here since 201x I can safely tell this is the wrong direction ATM 😉

mookbrenner

Call it a Reverse ATM!

qwertyuiop121314321

...and then the sign next to the ATM ; "THE TOP 10 FUCK UPs." 🤣

idliketoseethat

We are still firmly attached to traditional brick and mortar banks. A bank account is required by investment brokerages and you can't just deposit cash to an online account. Once my money is in the bank I can then use my ATM debit card, send funds by ACH or withdraw using my PayPal account but it still takes a traditional bank account to make those things happen.

Amber_Sam

Any Bitcoin ATM - BTCmap.org or coinatmradar.com

wiiw_otmgi

Bitcoin ATM? Welcome to 2018 Alberta

kirtash93

One weak/dumb moment and funds gone. One thing is always think about "Why I would link my wallet to certain site. Is it necessary for something?" and also do a research. In this case, if it was for tracking your portfolio that is the purpose of CMC they would only require your PUBLIC wallet address because blockchain is PUBLIC and they have all the necessary data there. If it is an exchange, they would require and API Key (Always set this APIs ONLY on READ mode). Another thing you can do to protect yourself is to have your big wallets on another device that you only use to move funds, something like having your own ATM/Bank. Then have a layer of hot wallets that you can use in your personal device. My advice after getting hacked (dont want to talk about this) is to do that. One weak moment, one mistake and you are f\*\*\*d. Cold wallet saved my ass btw.

kirtash93

One weak/dumb moment and funds gone. One thing is always think about "Why I would link my wallet to certain site. Is it necessary for something?" and also do a research. In this case, if it was for tracking your portfolio that is the purpose of CMC they would only require your PUBLIC wallet address because blockchain is PUBLIC and they have all the necessary data there. If it is an exchange, they would require and API Key (Always set this APIs ONLY on READ mode). Another thing you can do to protect yourself is to have your big wallets on another device that you only use to move funds, something like having your own ATM/Bank. Then have a layer of hot wallets that you can use in your personal device. My advice after getting hacked (dont want to talk about this) is to do that. One weak moment, one mistake and you are f\*\*\*d. Cold wallet saved my ass btw.

kirtash93

One weak/dumb moment and funds gone. One thing is always think about "Why I would link my wallet to certain site. Is it necessary for something?" and also do a research. In this case, if it was for tracking your portfolio that is the purpose of CMC they would only require your PUBLIC wallet address because blockchain is PUBLIC and they have all the necessary data there. If it is an exchange, they would require and API Key (Always set this APIs ONLY on READ mode). Another thing you can do to protect yourself is to have your big wallets on another device that you only use to move funds, something like having your own ATM/Bank. Then have a layer of hot wallets that you can use in your personal device. My advice after getting hacked (dont want to talk about this) is to do that. One weak moment, one mistake and you are f\*\*\*d. Cold wallet saved my ass btw.

trelayner

Sell it at an exchange and withdraw the Fiat from an ATM Some exchanges will give you a debit card, so the selling happens automatically

NiagaraBTC

Bitcoin Well Is probably your best option for an ATM in Canada. The spread is extremely high if you use it like a standard Bitcoin ATM. If you make a Lite account on Bitcoin Well, however, the spread is only 7%. Quite reasonable for noKYC (only an email is required). (My username works as a referral and supports our local meetup, btw)

LILSKAGS

Absolutely love this. Bitcoin ATMs owners fees can 16 to 25% they love scammers. Good for the judge that signed off on this hope the go after the ATM owner as well.

japanb

In Hong Kong they have OTC no KYC for 3% goes off binance price or 8% using ATM

Wabusho

But if you want to buy for a newcomer, it doesn’t really work like an ATM. You’d have to bring cash, have a wallet ready to receive the bitcoin, etc

HighElfEsteem

I strongly agree with you on your first point, but strongly disagree with you on your second. Crypto ATMs are an excellent entry point for people new to crypto, especially older people skeptical of Google search results. They know how an ATM works, they don’t know how coinbase or trust wallet work.

shayKyarbouti

Maybe for visibility? No idea. I wouldn’t have noticed otherwise if it was placed like a regular ATM

MagicPurpleBeans

I log all my finances in CLI 😂 using flask to host a temp local server on termux to create a interactive dashboard ATM it just allows me to make charts of data in my db. But once work thins out a little again I would love to start pulling in market data to same dash board so along side my income/expenses I have news boards for certain market data ect. As long as I can pull your data into CLI through API I can display data how I want... Something I would pay a small amount monthly since I'm too busy to go and find and organize all the data you already have 😀 had a small glance will sign up anyway I like the looks of your data and how's it presented 😂

angelleye

Rental property, storage facilities, private lending, ATM machines, vending machines, dividend paying stocks, syndications, energy, laundromats, car wash, vehicles to rent on turo, etc

kirtash93

Oh! No no, 2FA is enabled in every account you have and they you have the codes in an app like Google authenticator. Bitwarden is just a password manager that saves your account info (username and password) encrypted with another password that you need to use to open it and be able to use the data inside. It allows you to easily generate a random password for each account. Bitwarden has also 2FA so every time you want to connect to a new device you need to put the password and also the 2FA code that you get in another app like Google Authenticator (advice, never sync this with Google account) for example. For example, when I got hacked 1 year ago and lost all my MOONs, etc because I installed a malware in my PC, the hacker got access to all my passwords even if I had Bitwarden because I had it opened (unencrypted) so they basically cloned the info and got access to everything. Since then I set it to instantly lock(encrypt) after I use it instead of the 5 minutes cooldown I had in that time. Since then I increased my own security, now every password is different for each account (i dont know my own passwords), all accounts have 2FA enabled, I have my 2FA codes in my device and a backup in an old phone just in case to have a way to move fast. I also have an old laptop for crypto stuff like exchanges, etc. I dont use crypto in my personal devices, etc. I basically have my own ATM.

MichaelAischmann

Against erasing a database? Yeah, decentralized blockchains are immune to that. And you also don't need an ATM to move crypto in your custody.

Kitchen_Image_1031

Association with a Legacy Language:COBOL is a widely used and well-established programming language, particularly in business and financial applications, and is still in use in many critical systems, including those powering a significant portion of ATM transactions and credit card transactions. The association with such a foundational language might attract investors interested in its historical significance or who believe in the long-term relevance of the underlying technology.

Ok-Feeling7673

Guess what! No internet also means no banking or ATM service. Fiat wont save you.

Mysterious_Mouse_388

$11 worth. that way if the ATM's go dark I can still buy lunch

JayAndViolentMob

Authorities seize cash from bank ATM after customer used it to deposit money into a scammer's account.

Prudent-Pangolin-557

Honestly, it’s wild. Selling at these levels makes zero sense unless it's bots, panic traders, or whales gaming leverage. Exchange reserves are at record lows — that's not a bearish signal. Retail’s quiet, but smart money’s stacking for the long haul. I was reading something on "Crypto ATM Expert" the other day — they broke down how this low supply + institutional buying could snap back hard. Makes you think twice before getting shaken out.

Grand-Button5819

I used Bitcoin ATMs many times. Never had a technical or UX issue, but I guess these are vendor-dependent and can vary from ATM to ATM. The main issue with them is the fees. Since the EU mandated KYC on all transactions, there's no longer a reason to pay the higher fee when I can use an exchange just as well and pay less.

NiagaraBTC

I literally just used one without issue about 20 minutes ago. Look for a Bitcoin Well machine. If you have a Lite account with them the spread isn't nearly as bad as a standard ATM.

karbonator

I used one once, several years ago. Had cash from someone paying me back or something, and did it just to see it work. Wouldn't choose it for routinely buying bitcoin, but it did work. I don't picture it as something you'd want to rely on so much as something that could save the day if you needed it. Like using an ATM at a festival - you wouldn't choose to use it if you can avoid the fee, but if you need to use it then it's better the option exists.

BatterEarl

BTC ATM are run by shady businesses. Did you ever see a BTC ATM in an upscale establishment?

Status-Nose-7173

I like how you said "be at your computer" as if every single person walking around doesn't have a personal computer in their pocket at all times lol. As you just said, the BTC ATM only exists for people who are "confused" and can't put the effort in to download an app on their phone, aka people who are too stupid and lazy to be using crypto anyway. We don't need them.

leemennell

Probably high fees. But don’t forget BTC ATM’s

Personal-Ebb-4717

pretty much. This is a step backward for crypto adoption. Now stores will think twice before opening a BC ATM.

BTCMachineElf

I spent a few hours shoveling cash into a bitcoin ATM. Then I discovered local online exchanges where you could cash deposit by going to a bank and depositing to their account.

sdmikecfc

I had so much trouble with my cards that I ended up pulling cash all the time and the ATM fees were close to the bitcoin ATM fees. Either way I prefer that over pan handling in Ukraine haha

MrTheums

This situation highlights a critical weakness in the current regulatory landscape surrounding cryptocurrency ATMs. The ease with which funds can be seized, regardless of the kiosk owner's involvement, underscores the need for clearer legal frameworks. We need to distinguish between legitimate businesses facilitating transactions and those knowingly enabling illicit activities. The lack of such distinction leads to situations like this, where innocent parties might suffer losses due to ambiguous legal interpretations. The incident also points to the inherent risks associated with cash-to-crypto transactions. The anonymity offered by these kiosks, while attractive to some, makes them prime targets for scammers and money launderers. Improved KYC/AML compliance measures within the ATM industry could significantly reduce the potential for exploitation. Ultimately, better regulation, not confiscation, is the solution.

midachavi

The higher the cost of BTC the smaller fraction of it you pay for bread. BTC is divisible by 100,000,000 called Satoshis or SATs. ATM the bread costs let's say 1000 sats. When the value of the dollar falls and the bread costs 1000USD the value of bitcoin rises proportionally. and you would still pay 1000sats for said bread

-Vlemmix-

This! I've got the majority of my money in btc, and expect it to reach 500.000 in a few years, but... You never know what's going to happen. Gold is solid in the long run, but won't make you extremely rich. Stocks are good in the long run, but I'm a bit weary about the near future of socks ATM. If btc really hits 1M, you would have loved to have gone all-in, but still end up with 500k in btc, and some in good and stocks. If btc somehow will never pass 130k or dumps to almost nothing, I'd be fucked going all in. I still see btc as a all-or-nothing in the end. And even if the "nothing/going-to-zero" scenario isn't probable, it's possible.

sdmikecfc

Fun fact, I was in Kyiv a few months before the war and my debt card got eaten by an ATM. I was solo traveling and thought I was fucked (only card that worked in the country). I was able to find a btc atm with good fees and I was fine after all.

andys811

This is r/bitcoin not r/solana. We have jobs (I'm unemployed ATM)

Kaxinavliver

Does this mean that Iran had a ton of cash in crypto which they are now liquidating to buy more missiles for Yen? Damn chineases they don't wanna take BTC directly but have to use an ATM and pay them in bills and coins. Could it be that Xi and the old boys wanna touch the actual fabric? $335M sure sounds like an arms deal to me. I'm sure noone on this forum ever sell a single coin. There is not a more satisfying feeling to a cryptoredditor then a wallet full of ETH 😁

ShavedW00KIE

Why would I as a shareholder care if my shares are diluted if the number of Satoshis per share is growing with every ATM purchase? The common stock has a floor price of the number of Bitcoin divided by the number of shares. Right now it’s over 180,000 SATs per share. It was 150,000 SATs when I purchased my shares. Before I bought in it was less than 100,000 SATs. The goal is to hold MSTR at least long enough to where the number is Satoshis per share is more than if you had just bought Bitcoin on the same day. I plan to hold for more than a decade. I hope Saylor sells a Billion shares. It’s just a way to capture more Fiat. Each time he buys, it makes me just a little richer in a world where Hyperbitcoinization has occurred. In that world my MSTR shares are only redeemable for Bitcoin.

KofiUchiha

I prefer to use Solcard https://solcard.cc/r/purchase visa debit card. I basically use it on a daily basis both irl or for online purchases, Works practically anywhere except for ATM’s, Uber or gas stations. the big perk is that it’s a non-kyc card with unlimited spending. there is a $10k monthly deposit limit. It’s compatible with apple pay/google pay so you can just tap and pay irl. deposit fee may be a bit pricey but I’ll take that for a reliable non-kyc card I’m EU located, but works worldwide It’s solana based, so you deposit SOL, USDT or USDC on the solana network and it will automatically get added to your card in USD some examples I’ve been spending it on: Groceries irl, clothing (online and irl), plane tickets, shoes, new iphone, watch, gift cards, restaurants, hotels, Topgolf,…

Mirved

Its easier to just go to an ATM and burn your money directly.

harvested

Today's MSTR bitcoin announcement is interesting because it's the first buy after the STRD product launch, as well as the STRK / STRF scaling over the last 2 weeks and lack of common stock ATM. This isn't just relevant to Strategy holders - if Saylor keeps improving methods of tapping into fixed income markets, that's driving a lot of capital into bitcoin that would otherwise be stranded.

Nofocusgiven

Find a Bitcoin ATM they accept them

Lisaro_

Hi thank you for your answer precisely the ATM in Switzerland can be a solution But I don't want a kyc myself

Amber_Sam

Check BTCmap.org out. Find another ATM or ask vendors who accept Bitcoin payments. Also have a look at Vexl app and/or Bitcoin meetups. Even better solution would be driving one hour to Geneva or anywhere in Switzerland and use ATMs there, higher limit for KYC.

mechabased

You can shove it in a Bitcoin ATM and lose like 20% of your money. Also you're on CCTV.

Amazing_Collar1133

Two words: Bitcoin ATM. You'll pay a ton for the spread but you'll get BTC for sure.

Stryker406

Bitcoin ATM’s

Fransisco_xz

The Israel and Iran war struck crypto had and we don't now ATM how further this will develop but considering how Iran is hitting back , this won't end soon which means the prices will either stagnate at the current low or reach a lower dip even (a dippity dip I call). Better buy the next dips but with low portions to manage the volatility and make gains on the long term.

llIIllIIlIl1

Strategies preferred stocks are very hot right now. They didn't even need to hit the ATM for their last purchase.

Imaginary-Finger2898

In what world is BTC ATM harder to trace? Compared to what?

Jolly-Championship31

i actually love these discussions but you kind of went full conspiracy tin foil hatter on the guy.. i hodl btc by the way. so anyway you didn't really do a good job on answering the question he presented. If the power and telecoms are out, the fact is you cannot access your bitcoin. there is no solution but that you must wait for 1, power and 2, internet. when i have people ask me this, i simply say 'yep we're fucked' and have to revert to 'cash' temporarily. example; there was a weather event where i live and the telecom networks were cooked and power was off in hundreds of thousands of homes and business for up to a week.. however, bank cards and cash worked when places had to go 'cash only' temporarily. ATM machines also worked. btc would not.

Secret-Snow-6929

My wild experience with gold and bitcoin being the top leading investment vehicles. It all started while I was in the hospital in 2023 for a few days (recovering from an injury), which gave me a lot of time to think about how I could not blow through my money day trading, which I had done successfully until then. Rinse and repeat. I had to get off that wagon, so I thought, what is the most boring yet stable asset class? If I buy it, I can't trade it, which I have impulsively done so many times, and gold came to mind. Mind you at the time gold was trading at the year low and looking to go further Oct 23, btw should have bought Bitcoin then to at 30k I told my friend to buy bitcoin I promise you it will only go up the goal was to reach 100k which I thought was doable and hear we are do I regret, yes but I make another decision and was to buy in Oct ‘23 at the time when I went to look at it physically I had no idea as to what the expericce was like. I then found a bullion dealer in the Gold District. There are many, too. I just picked one and went with it. Multiple vendors buy and sell gold in the building on the same floor. So I decided to pick randomly this little old asian lady (she is safe and trustworthy), she asked me Can I help you and I said You can. I said I never purchssed gold before and no clue how or what or even the spot for the day (I had a general) I knew wanted to buy some gold so I cant get hand on my money and to create somewhat of a barrier to do so, I thought bullion that's my answer. She kindly said, " Oh, that's wonderful, you’re getting your first piece of gold, I said Yes, it would be I prefaced it by saying I don't want to get ripped off because at this point, I knew very little about it. She said Absolutely, I will help you and guide you to the right things with a gold investment. Unfortunately, she said I don't usually deal with gold; I do with silver and some diamonds. I asked her what the better investment was at the time, gold or silver? She replied well, son. Gold is near its ATH but down a lot in the past few days. She said it's a solid investment, but then she buys as much silver as you can. You know why, because it is severely undervalued, down significantly in the past year, and much lower than gold. The reason to buy now is that silver will recover and go higher. There is a lot more to go with silver than gold. Wow, she was emphatic about silver, I knew something about what she was saying felt right, and boy was she. I said I would like gold, though I know nothing about silver. She said that's ok, I can take you to our neighbor who deals in bullion. I said Are they honest people and she replied Yes, and fair. Ok, we went to a gold booth, and she introduced me to a lady and said this gentleman would like to buy some gold. I said that I know nothing about how to buy it, and if you could guide me through the process, she started. It all happened so fast and was like a blur, but before you knew it, I was handing over stacks of money (which at the time was a lot for me). It felt surreal to be parting with it to buy beautiful shiny bars and collectors' coins. Well, I did. I thanked them and left, but I have no idea where the price will go if it goes up or continues to drop. I told myself, You're not touching this, and let it sit. Stay put, period. It was no small amount, and I was highly nervous about transporting it. Luckily, I have it in a safety deposit box at the bank, which was another barrier for me to get it and start trading (gambling) with it. So it sat and I watched the price bumble around for a bit and learned as much as I could about the precious metal, seeing I had a small fortune of this stuff. And so it started to grow and get higher, hitting ATM highs. I remember watching YouTube videos on gold and dealers. I remember specifically what this one very successful and seasoned dealer said gold was $2300 ATH at the time he said if gold hits $2500 which he was skeptical but knew it possibly could be said I am going to sell half of all my holdings $2500 is a significant number and gold struggled for years around 1600-to break 2,000 it finally did so that never left my mind. Still, I watched in amazement as it continued to go higher and higher, hitting ATH each time, which amazed me, yet assured with what is occurring with the underlying fundamentals, the price was justified. The great thing about gold is that it is not violently volatile like Bitcoin can be, so it provided an investment I could watch grow without throwing up at a 10-40 % drop. Something to consider when you're looking to invest. This brings me to where I am today and the price of gold. I still believe gold is going higher, albeit slower, and not as a percentage, which is significantly higher than today's prices. I am targeting gold at 3k by 2026. I feel the time is right to pull my 48% gain out and reallocate it to another undervalued investment class. I think that it is most prudent to capture more gains. If you hold onto some precious or non-precious assets, such as Gold and Bitcoin, we are entering a whole new era where old and new asset classes will be turned on their heads. Gold and Bitcoin lead to the next chapter of reallocating investment classes. Thank you for hearing about my journey. I hope it helps anyone not considering holding, and I mean it with conviction. I want your advice on where I should invest the reallocated profits into a new investment vehicle, and what you think I should rotate into next as I continue exploring my investing journey.

Big-Finding2976

Problem with SPX is the MC is already quite high at $1.5bn. Great if you bought a year ago and you're up 195x but people buying now aren't going to see those sort of gains, so it's better to look for something that hasn't mooned yet, like PEP which has a MC of $20m ATM, giving you 50x if it reaches $1bn.

According_Tax7036

Xrp would like a word with you. 50 grand deep at 0.40-0.50 cent range. Valued at 240k ATM . Peak xrp 3.40 would have been worth 340k.still way up from my initial 50 grand 

Antonio_928s4

How much do you think Bitcoin will be worth in 20 years? I “only” have .031 Bitcoin. I remember I was visiting my family in N Vancouver back in 2011, and I saw an ATM selling Bitcoin, but my then girlfriend didn’t allow me to “waste” $100 on it. Well, she is not my girlfriend anymore neither…

MichaelAischmann

I'm currently in Kenya & have been to some slums. No shop has a card machine. The population often lacks simple things like a birth certificate or ID, which are required to open a bank account. And who would set up an ATM im a slum? That thing will be gone before anyone can enter their pin. M-PESA, often considered the most influential mobile money system and one of the first, hasn't evolved much since 2007. Depending on the amount, transfers to another person can cost up to a dollar. Withdrawals cost up to $2.5. It also has transaction & max holding limits. For crypto, all you need is a phone & everyone has that, even in slums. Most people of course us the local currency but trusting its longevity in one of the most corrupt countries in the world is another thing entirely. All that goes to say that I can understand how crypto can a good option for the people there.