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The Crescendo Community is Taking a HUGE Vote Today Using Its Governance Model + Fifth Round of Investor Distributions Sent + FINAL ROUND of NKLB Distributions
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I’m 44 and won’t be telling my dad I’m selling my BTL to buy more bitcoin. He wouldn’t understand at all…and that’s after telling me he’s seen proof that a client of his owns 4500 bitcoin 🤪
I want to do this, but figured I should stay diversified. Just in case of that 0.1% chance Bitcoin doesn’t work out. Also my in-laws gave us 1/3 of the deposit as a wedding gift with the expectation we’d invest in a BTL. We’d be multiple Bitcoins up and future multimillionaires if we did so seems stupid as I write this. But it’s profitable which makes it hard to do too.
70% BTC, 8%NVDA, 2% Coinbase, 20% BTL property
Hah! Mate it's not as bad as IFAs. I've spoken to two in a professional capacity, and three casually at the pub. All of them gave me huuuuge red flags. One had previously been a Foxtons estate agent, another had been an odd-job guy for his dad's property company. Nothing wrong with those jobs, but I got extremly scammy, bordenline-unemployable vibes from them. And they were the standard mouthy fuckboi types. I asked them all a few testing questions about sound money and the dyanmics of bond yields, they all got defensive and just barked soundbites about getting a BTL property or something. I've never met any sort of mainstream money advisor person that wasn't either an entry-level clerk or a massive con artist.
If its BTL debt then leverage the fuck out of it and take on some more to get that cash flowing.
The global cryptocurrency market has been segmented into the offering, process, type, end user, and region. Based on offering, the market is segmented into hardware (ASIC, GPU, FPGA & others and software (mining platform, exchange & coin wallet). Among these, the hardware segment led the market in 2021 and is expected to maintain its dominance throughout the forecast period. Based on the process, the Cryptocurrency market is classified into mining and transaction. In 2021, the mining category dominated the global market. Based on type, the market is segmented into bitcoin (BTC), Ethereum (ETH), tether (USDT), Binance coin (BNB), Cardano (ADA), ripple (XRP), and others. The bitcoin (BTC) segment dominated the market in 2021. Based on end users, the market is classified into trading retail and e-commerce, banking, and others. The trading category dominated the Cryptocurrency market in 2021. Read the full market research report, "Cryptocurrency Market Size, Share, Growth Report by Offering (Hardware & Software, By Process (Mining, Transaction), By Type (Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance Coin (BNB), Cardano (ADA), Ripple (XRP), Others), End User (Trading, Retail and E-commerce, Banking, Others) and By Region - Global and Regional Industry Overview, Market Intelligence, Complete Analysis, Historical Data, and Forecasts 2022 – 2030", published by Beyond Market Insights. The global cryptocurrency market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The Asia Pacific dominated the market in 2021. Due to the increased bitcoin exchanges in this region, the industry has changed and seen some healthy competition. Chinese institutions are hiring blockchain expertise to increase transparency and combat fraud in the country's financial sector. These components are fueling the growth of the regional bitcoin market. The Asia Pacific Cryptocurrency market is also expected to grow significantly due to several technological developments and Japan's and Taiwan's approval of virtual currency for use across various platforms. Key players in the global cryptocurrency market include Advanced Micro Devices Inc., BitFury Group Limited, BTL Group Ltd., Coincheck Inc., Antier Solutions, Intel Corporation, Ledger SAS, NVIDIA Corporation, Ripple, Xilinx Inc., Xapo Holdings Limited, and Others.
Hear me out here, because I haven't fully thought all of this through. Consider a few things. * Rent has been appreciating against household income for decades taking up more and more % of household spending. * The main factor really limiting interest rate increases is mortgage debt. * Interest rates are still far lower than inflation and look to be for a long time. * The more discretionary household spend is eroded by rent and mortgage increases, the less fuel there is to fund economic growth. *There is more and more civil unrest due to cost of living increases. I essentially think we're sleep walking into a crisis because all the numbers still look manageable. I think it's going to take policies extreme enough to constitute a black swan event to fix. I don't know what those are but just to put forward an unlikely but possible scenario - a super populist government gets elected and starts forced sale of BTL properties at state defined prices Hope this isn't too tin foil hat for you, but I think people are way too comfortable with the status quo on house prices. The meme is *stonks go up* but it's nothing compared to *house prices go up*.
Beyond what you think don't be surprised that Terra might still revive itself and there are possibilities that existing projects on the chain like BTL, and Astroverse might choose to stay to help out, so also with TFM, though the team has proposed for it to go multichain. With these projects, it will surprise you how Terra will scale more than you can ever imagine.
Whether luna comes back or not I think what is important is preserving the Terra ecosystem, the ecosystem is worth more and has a lot of projects built on it with good use cases to the benefit of DeFi. TFM, BTL, Astroverse built on the platform might choose to stay if the ecosystem can be restored because these are truly good projects that will help the ecosystem and users.
Are you sure that's not BTL? "C" is round on the bottom too.
I think they don't like the idea that they have had it easier than nearly any generation before or after them, but it's true they had better life than their parents and grandparents, due to tech etc they are living longer, they also had cheap houses to build generation wealth. It's not anti boomer or their fault. Also with the huge amount of boomers using BTL as a way to get even more income they have truly fked the housing market for the rest, and it's only going to get worse.
in "general' OP is right, but if you deep dive as to where some of these could help, then there is utility. :) - but yes for the most part, crap. now, for ONE good example.... $ADK in joint with $BTL (and eventually $FCC which is very new). The two coins mentioned earlier you can use for trading like usual, but also with an actualy EU cert'd offshore bank [payrico.com](https://payrico.com) \- so at least there's real life use there where you can use the coins to pay for your account/fees and also use to move actual FIAT cash to/from your bank (more use-case coming).