SPY

cyclicamp

Because there’s a pretty standard calculation for correlation you can do and btc hasn’t been remotely correlated to SPY until very recently. Unless you consider “number go up” a trend, in which case yes, both numbers have gone up.

Premier_Legacy

SPY about to leg down hard. All markets will follow 🫣

somewhat-profitable-

probably not. the market itself is in a precarious position-- until SPY finds its footing and resumes its bull run, crypto will suffer.

Jvhowube

Feels like BTC is just a leveraged SPY tracker

LolWhereAreWe

SPY down 1.25%, hell of a bloodbath

Premier_Legacy

SPY is due for a healthy pullback , pretty normal though. Btc has just become leveraged nasdaq though, so it will probably eat shit. And alts are leveraged btc and eth liquidity, so they will eat mega shit. So, make a play

Frogeyedpeas

I predict just a bit below 69k or whatever previous ATH was. People think bitcoin hit $18k (which is just shy of $20k old ATH) because of FTX. The truth is whales were always going to sell off and dump it to that price whether FTX happened or didn’t. If not FTX then they would blame interest rates, or the SPY crashing, or the Russian Invasion, it doesn’t matter. 

TokenGrowNutes

I’ve never seen a time where altcoins go down when BTC doesn’t. BTC is the SPY of altcoins- they all move lockstep.

cryptokingmylo

I only invested what I could afford to lose which ment putting in like 100 bucks a month for my DCA. I reached a point where my exposure to crypto was too big so I started to invest into SPY. I'm still massively over exposed to crypto 😂 Hindsight is 20-20, crypto was much smaller and volitle back than, I see people panic here now for 5% Dips......

TheBalloonEffect

Options on the SPY

Starkey18

The majority of people here accept crypto as a whole Is a casino. Bitcoin on the other hand is now considered to be a globally recognized commodity. Whilst it’s riskier than stocks im more confident of a 2x in Bitcoin than a 2x in SPY.

Kcirnek_

You have to look at the broader market and look at QQQ, SPY, which was unsettled by weak bank earnings and conflict in the middle East.

ThinCrusts

Stock market dumping (check out SPY). Go read some news there you might get an idea why (I don't know haven't checked yet).

nobackhandtim

Just sharing what my plans are. Selling my crypto and leaving it on Robinhood gold to get that 5-5.25% interest. Make some money off interest to pay for taxes. Figure out if I should buy rental property, vacation home or primary home. 50% in SPY 25% hand picked stocks 25% in property

Wolverine1850

Well of course I know him. He's me. And yes, in tax advantaged retirement accounts. Not through my employer (That's basically SPY). But in the accounts I manage, yes. And also MSTR.

JLivermore1929

I concur. Loading up 100% on Bitcoin is similar to WSB degenerates loading up on SPY 0 date to expiration YOLO call options. I could make 1,000x overnight on the options…. Or not.

AstroRoverToday

SPY: 25% in 2023

fanzakh

It is but it's also true it does not inverse inflation at the moment. It tracks pretty closely with speculative assets like stocks. Put SPY and BTC in a chart and you'll see their bull and bear coincide pretty neatly.

pullupman

QQQ does. SPY doesn't and neither does the DOW. So you are flat out wrong.

truckstop_sushi

Plenty of people dont DCA, and that doesn't change the fact that those 2021 dollars could have been better invested in even the most basic stock market index SPY....

brandishedlight

If you want to just dump your money into SPY or the total market index fund, that’s the smartest thing to do and I’ll never argue against that. But if you’re that type of person Bitcoin probably isn’t even on your radar to begin with. To each their own, is what I’m saying. Individual stock picking can be just as ruthless and volatile and a company can decide to dilute the ever loving shit out of their shares at any moment

First_Finding_8

I’m not a maxi but I became a one coiner slowly and naturally by process of elimination. None of the others are as good as BTC. I root for them, I spend more time engaging with them and reading about them. I’d be happy to buy some if it ever made sense. But for awhile, it doesn’t make sense. Anything but BTC just seems like a poor investment decision. Like trying to pick individual stocks instead of just buying an S&P500 index fund. BTC is SPY.

StumbleMyMirth

No. Just no. Please don't do this with your parents month. You could end up destroying their livelihood and your relationship. If you have conviction (after reading and viewing only pro bitcoin material for just a couple months) then fine, you do you. You may be right, but the fact is nobody knows what the future holds, and your parents, who know nothing of Bitcoin, are trusting you. You may be "mentally ready to HODL" but I can say with 100% certainty, not even knowing them, that your parents are not. Put their money in SPY and QQQ with some bonds thrown in, and do what you will with your own money.

Nano_gigantic

SPY and QQQ are down 99% against Bitcoin over last 10 years

Tasty_Chest

It is so strange to me that anyone ever buys SPY over VOO. Its 3x as expensive

Scorpionuen

Put 25x my annual salary in $SPY to be set for life (the 4% rule for retirement), spend $2-3M on a nice house on a big lot and DCA the rest in Bitcoin over the 2 years.

foresightest

SPY tracks the S&P 500 index sorta straight up. SPYG targets more growth oriented companies and is currently ~ $73 a share. So while both are tracking S&P 500, SPYG has more of a focus on the room for growth. Meaning more volatility but also more room for higher returns compared to the broader market that makes up SPY.

Ok-Tradition-6350

She is 21. The talk you need to have is about the realities of life, The maturity of a 21 yr old is likely to get rich quick , and saying things like large chunks into highly volatile BC, will only fertilize the impatience of youth. The dad conversation to have is that if she locks this money into retirement only, at that age she will retire young and wealthy. With that time frame and compounding with consecutive maxed Roths, even conventional with conversions. It's not as much as what she should buy, SPY,QQQ,BC etf"s. It's about her not spending that money at all and leaving it to work for her

shisuifalls

SPYG as opposed to just SPY? Go easy on me. I just started investing last month.

ChristianArbogast

Open up a brokerage account. Ideally a Roth IRA, (IF she has earned income to contribute). If it’s a roth and she has earned income, just do the max yearly. Keep the rest parked in either a traditional IRA or a brokerage. I personally like Schwab, and you could also go sit down at a branch and ask for advice. I don’t know if schwab pays interest on cash balances. If you think BTC is the way to go, have her buy the ETF. Keep the rest in SPY or QQQ, various index’s. I’d leave a little to put in random companies, possibly with a Schwab advisor. I could also recommend Fidelity, and they pay 5% on cash balances, and have directed investing for a fee. I don’t know if schwab charges a fee. But Fidelity also sells their own self custodied bitcoin iirc.

AdFun4962

VOO or SPY, BND, BTC in different percentages.

Any_Builder_937

SPY, QQQ, BTC, BONDs only If you need cash flow and are worried about a downturn in stocks

somermike

And you'd be down compared to buying SPY shares at the same time. At it's ATH, 1BTC would have purchases over 150 SPY shares. That's down to roughly 130 now. https://docs.google.com/spreadsheets/d/e/2PACX-1vTXqP6Fouh7s-j8BSwD4ClSq06jCHAWMYQn30sX6U2_hE0s93iw9FdwCCwtXCe0xdjeq-XLlm2DvByP/pubchart?oid=306994169&format=image

Ok_Art_2874

I hold some USD fiat in a savings account as emergency cash. Rest of everything else is in 3 funds: SPY QQQ IBIT/FBTC So, for me the question is not whether Bitcoin will outperform fiat (it will). The question is, will Bitcoin outperform the S&P 500 and the Nasdaq 100 over the next 3, 5, and 10 years?

Nano_gigantic

Look at a BTC vs SPY or a BTC vs QQQ chart. Over the long term Bitcoin is crushing even the safest, most consistent investments. The bear markets have been brutal but the upside far outweighs them. It’s proven to be a great investment at any point, whether you buy early or “late” as long as you are willing to hold over the long term.

Fabulous_Winter1256

I'm a firm believer in hedging your bets. I also invest in stocks. Some are speculative, others are index funds like SPY and QQQ. The rest of my investments are in BTC. Getting your timing right on when to buy and when to sell is difficult and rarely works out well. DCA is your friend. I'm a buy and hold type person and so far that's been a great move. I've taken some profits but still have most of what I invested years back. My best advice is to be patient. It takes a lot of time to build wealth. Stay the course.

yung_dingaling

If you want to compare risk, many investors use the Sharpe or Sortino ratios. If we start from 2017 after bitcoin had a relatively long time to establish itself and right around the peak of its cycle then we get the following: BTC sharpe = 1.08; Sortino = 2.34; max drawdown 71%; CAGR = 80% Gold sharpe = 0.58; Sortino = 1.08; max drawdown = 18%; CAGR = 9% SPY sharpe = 0.79; Sortino = 1.21; max drawdown = 24%; CAGR = 14% Taking all the above into account, if you're holding long term then bitcoin is objectively less risky than more traditional stores of value. The longer you hold it the better a store of value it is and you can see it in the numbers.

Citizen_Kano

I've been DCAing equal amounts into SPY and crypto since 2020. The crypto is way ahead at the moment

Charming_Jury_8688

I like Michael Gayed's perspective on "store of value" Nothing is a store of value, everything has its appropriate time and place. I'm still bullish on bitcoin but I don't know the future, maybe uranium will be the best "store of value" over the course of my lifetime. Maybe goats? or Iodine tablets? Or the SPY index? The point is about diversification.

almafuerte12

Just buy SPY ETF (SPDR S&P 500) and make 11% for the next ten years. They will still be around. ;)

db2901

The circlejerk in this sub is crazy   Nobody in any finance sub is getting congratulated for an 8% gain in 4 years. Any index fund following one of the main indexes has done better than inflation over the last 4 years.  SPY is +85% in that time period.  I own some bitcoin but you people really need to step outside of your own circle. 

frumpydrangus

Isn’t SPY or VOO an etf of securities?

CatchingWicks

Slice and dice it however you want. SPY is one stock/etf

mystic_swole

I bought like 200oz of silver last year, while I was purchasing btc too, totally should have just skipped it and only bought btc/SPY

Ok_Art_2874

OP: I am trying to HODL Bitcoin as a store of value, in addition to other assets in a portfolio. I tried to put together a series of assets going from low to high volatility, so that if I am forced to liquidate, I can start with the low vol assets first. So, in increasing order of volatility and risk I have: 1. Cash USD: I know fiat is getting devalued but one still needs a healthy amount. I have it in a high yield savings account giving 4.5% interest 2. VTINX: 30/70 stock/bond fund 3. VBIAX: 60/40 stock/bond fund 4. SPY: S&P500 index fund 5. QQQ: Tech stocks index fund 6. Bitcoin ETFs This way, I will touch my bitcoin last in the event I need to liquidate. And hopefully, that gives me the choice of when to do so - in a bull market

hookers_and__blow

So far I've got orders for the following: MSTR 26K COIN 25K VOO 10K IBIT 40K FBTC 66K SPY 20K CLSK 10K Missing anything?

kaiserwilhelmthe4th

Ok. I have not traded futures. I have traded options and like it. When I traded options, I put into consideration holding the position "long term"., which still was a maximum of the next expiration month. I wouldn't mind revisiting options for short term gains, but not sure about the spreads and fees. I would like to look into the futures market and would love to hear from anyone who actively trades options. My options trading would normally involve picking up DIA or SPY or a specific down stock when there was a dip and wait for a rebound and sell. I would do the reverse and buy puts as well. I've also sold covered calls and sold uncovered calls then added a straddle for insurance. However, I still remember walking into work one day and having my options exercised on Apple, out of the money, which was dumb for anyone to do anyway. But the shock of my account being negative $40k didn't feel good. Thankfully, I had the other options to cover the transaction, sold and all was well. Yea, I don't want to repeat that feeling.

suuperfli

superior money. fulfils the use case of money better, so it is taking the monetary premium away from other assets. better than gold, fiat, and monetary premium of other assets (ie SPY) since it has a capped supply and sufficiently decentralized to ensure it remains so (no inflation theft), can't be confiscated (can store in your head and go anywhere), can't be censored (p2p).

Revolutionary-Ebb-26

You mean 0.055M instead of 0.066M? Meh.. a big dip in Bitcoin was once $100. One day a big one will be $100k and one day it will be like the SPY.. just inching along like a drunken snail.

nightjar123

Two things one should never short: SPY and BTC I've shorted SPY in the past, and every time I regret it. Thankfully, I've never shorted BTC.

chainer3000

Like everyone else, just waiting for the fed news. Last 24 hours I been loading up, I’m all ready 1 hour after the news. SPY is also way up

Putrid_Pollution3455

speculating here but last time they raised rates was 2022....if rate cuts are getting priced out of the valuations then everything comes down except cash-equivalents. Currently, Long term bonds TLT is pricing in that rate cut or else it'd sit where it was last time rates were 5.25% around 82 bucks a pop and it's now at 93. I'm guessing SPY and bitcoin are all assuming cuts and the potential for massive leverage opportunities when rates finally do come down. I don't think it's looking good. Two previous higher than expected inflation reports showing a trend....unless they redefine trend, but one or two more higher than expected cpi reports and we might be looking at rate hikes. As always....3 options, 33% chance....up, down, or sideways.

parota_kurma

Absolutely agree. But unfortunately, some employers like mine can also control what you can buy in a PCRA. I cannot trade individual stocks, options, or leveraged etfs in my pcra. For eg, I can buy SPY but I can’t buy TQQQ.

eggaholic69

no one should ever do a 401k. You're better off just buying SPY on your own. 401ks grow at 4% a year while SPY does 13% and ofc bitcoin does much better.

kirpid

Okay, I think you misunderstood my core strategy. I need to take profits at the top of the bull market and reaccumulate my position during the bear market. So I can eat my cake and have it too. Maybe I should park my money in an ETF, when I’m waiting for the bottom to show itself. But believe it or not, SPY and the world ETF had a bear market at the same time as bitcoin, due to the rising interest rates. So it was a cash is king situation. Besides, I’m into crypto for self custody and decentralization. We all saw what happened with the GameStop short squeeze. I mean, how was it mathematically possible to sell 140% of a stock in the first place? Just my personal thesis, but I think our financial institutions are failing into fractional reserves of derivatives of derivatives and will eventually have to migrate to the EVM for settlement, once it’s time to pay the piper.

AvengerDr

What's there to follow? You don't know what an etf is? It's an *exchange traded fund*, an investment product that can be bought on stock exchanges, just like our dearly beloved Bitcoin etfs. A "world market" etf is an etf that invests in the total world market by capitalization. So in every big company in the world. It's traditionally seen as the "safe" harbour as far as ETFs go, as you can't go (totally) wrong by investing in the whole market. Since you said you don't know where to reinvest after taking profit from stocks. I cited SPY (an etf that invests only in the S&P500) because Americans think that's enough. Outside of the US, world etfs are more popular.

AvengerDr

>because I don’t know where to reaccumulate after taking profits. World ETFs? Or for the Americans that don't believe in the rest of the world, the classic SPY.

Ok_Art_2874

Yes, question is what to get out of in order to get into BTC? I mainly have 3 funds: SPY, QQQ, and BTC ETF.

shutupimlurkingbro

As long as you can trade it for fiat currency it’s not a big deal. You trade it against other currencies and you will always have a way to have your money for coffee, or groceries, or a car, or a house. Now that etfs have opened up the doors the boomers and all of the people too scared to put more then a toe in have a door. The rich have started dumping into it, and if SPY retracts it’s a viable place to store your money to keep it from being debased by world governments. Tl;dr shit got too legit.

CupHead11011

No. Stocks represent companies that make money. Btc only has the value people project on it, similar to gold aside from its physical purposes. He said its gunning for spy because he thinks it will surpass the AUM of the etf. SPY isnt the whole stock market. Its just one etf in the market.

TheAgent2

If you invest in the stock market. It’s not something you time? So if you are buying the SPY every month you aren’t concerned with the price so if you pick up the highs and lows you end up doing well because of consistency. It’s the same with BTC. There will be highs and lows but consistency is key.

ST-Fish

and in a post where he said that Bitcoin's returns would be better than SPY annual average, and then fucked up the calculation, you think his intention was to lie to you? Not just an error? On this sub of all places, where everyone hypes the ever living shit out of everything? w/e

BradlyL

3.5x in 10 years is much better than the expected 2x you’d receive from SPY annual average returns.

jaymeetee

SPY and USD are both down over 99% compared to BTC over the past 10 years

iqwrist

If you are saving about $256 a month, then you are doing well than most people, even people in the United States. Don’t FOMO into anything without knowing what you are doing. Bitcoin can be a good saving tool but can be very bad because of its lack of predictability. The first rule in investing is: only invest what you can afford to lose. You state that you don’t need any of your savings soon but do you really know when you might have need of it? The second rule of investing is: diversifying your portfolio; aka don’t put all your eggs in one basket. So this is my advice: 1) Put 25% of the $256 into Bitcoin 2) Put 25% into S&P 500 stock (SPY on Robinhood app)( it has consistently appreciated by 10% each year) 3) Maintain the remaining 50% in the cash savings ‘cos you never know when you may need it. I am advising you from experience. Do this and you will thank you later.

Jhammertime42

Why do they need to celebrate when something hits ATH to show they care? SPY went all time high. Many stocks went all time high recently and you don't see people jumping up and down. There's no need to celebrate for every ATH. Just invest, DCA, and look back in 10-20 years. An ATH today could be a 5% drop tomorrow, so are they supposed to feel sad when it's down? When you're celebrating every ATH, it means you're letting emotions get in the way of your investment.

volatilepigeon

>ETFs are most often used for long term holding, Untrue, SPY ETF is the most actively traded security on the planet. Maybe retail investors use ETFs for the long term, but I assure you, institutional investors don't, and at the end of the day, it's them that move the market. I agree with you that adoption is adoption, I just think people who believe the price is only going to up from here are being irrational. And hey I didn't say BTC has no intrinsic value, just that it is extremely difficult give it a valuation, it is unlike any other security in existence. I am aware of all its benefits over fiat currency, but that doesn't mean the world has suddenly grown aware of them too.

ImJustBME

Everyone made money in 2021. You pay fund managers to manage the downside risk as well, and she did horrible. Since 2021, I've I did better than her. aka SPY

Cygnus_X

I'll probably be out at 100k per coin. I've always seen bitcoin as a greatly under valued currency system, and while I think it could easily get to an 8T market cap, I've been waiting forever for the market to act rationally and drive the price up. My patience is about out. There are things I want more than the coin like a nice home. I also want to be in assets with a more traditional tailwind such as SPY. If I can hold until we get higher, I will, but right now I'm staring down 100k

AverageUnited3237

I just told you. Bitcoin price won't "stabilize" because the units ite measured in (fiat) is being debased to zero. So Bitcoin will always go up. It seems premature to me to have this conversation while BTC is trouncing the SPY in both absolute return and risk/reward (Sharpe ratio) since inception and in the recent past. Perhaps this discussion would be more relevant once BTC starts to underperform traditional financial investments for any significant length of time?

Ok_Art_2874

OP: if you have close to $4M in BTC, then you have pretty much won the financial game. Start slowly diversifying by selling BTC and converting into either real estate or buying broader stock index funds like SPY.

parota_kurma

My employer offers a PCRA within our 401k. I have been DCA’ing every day moving from SPY to ARKB. But pls let me know if there is another better spot etf that I should switch to

ilovesaintpaul

I'll take a 24x any day over SPY in a 10-year period. Shit, I'll even take a 4x.

CUbuffGuy

I hold about 85% BTC, 15% XRP. I believe with the ETF route being opened we will start to see basket ETF’s which aren’t just for a single crypto. For example, where traditional markets have $SPY, I can see us having “$CRYPT” or something like that. The most obvious starting bundle for this is BTC/ETH/XRP. They are the big three cryptos that have ran the regulatory gauntlet and proven the test of time, remaining in the top 10 for 3 cycles now. I don’t think it would be wise to get rid of your XRP before then, but who knows. Quite possible in waiting for that BTC continues to outperform or that it never happens at all. That’s just what I see, and right now if that’s the case people are sleeping on XRP.

IAmAccutane

SPY isn't meant to be a hedge against inflation.

Tr1LL_B1LL

Tbf, btc still seems to be very much correlated to the s&p 500, which is representative of the stock market as a whole.. which is representative of the dollar. I think once BTC stops moving so much with SPY, we’ll be in better shape. (These are just my thoughts, and imo the charts seems to support this. But i’m always looking for reasons to be more bullish on btc, so feel free to explain why i’m wrong 😬)

A_Stones_throw

I have been doing that thru a reinvestment robo advisor with my IRA but even that hasnt done bettet than my crypto, in this case only up 87% in 5 years. Also, one of the most overlooked aspects of crypto can be the ability to buy portions of it, like I can buy $5 worth or 5k worth which is impossible with the stock market. In my Vanguard account, I have to buy 3k worth at a time to get the total stock index fund. Similarly buying SPY, at my random $50 buy ins it would take me a few months to accumulate enough to buy even one share, and how many gains would I miss?

A_Stones_throw

I have been doing that thru a reinvestment robo advisor with my IRA but even that hasnt done bettet than my crypto, in this case only up 87% in 5 years. Also, one of the most overlooked aspects of crypto can be the ability to buy portions of it, like I can buy $5 worth or 5k worth which is impossible with the stock market. In my Vanguard account, I have to buy 3k worth at a time to get the total stock index fund. Similarly buying SPY, at my random $50 buy ins it would take me a few months to accumulate enough to buy even one share, and how many gains would I miss?

Icefrog1

The big issue with that comparison is you are comparing SPY which is basically a representation of the entire US market vs bitcoin. Now compare it to an etf of tech stocks or semiconductors or individual companies like tesla, nvidia, amd, etc and suddenly it's not so great.

Extension-Temporary4

There’s nothing to study. Bitcoin is a gamble. It’s a casino. Don’t get me wrong, I love it and believe it’s a store of value and will one day serve the legitimate purpose of sheltering money from the govts prying eyes when we go completely digital. That said, it’s a crap shoot. I would not put half your earnings in it. At most, 20% (and that’s still a bad idea). Bukkd real wealth by buying some good index funds — look at SPY, XLK, QQQ, DIA, vti, viog, iwd, schw….

Sad-Kangaroo-1761

Ask anyone who’s been in for more than a couple days and they’re going to tell to you drop it all in SPY, all day.

Citizen_Kano

The fuck are you talking about? My SPY is up 25% in the last year

Megamorter

save some money for taxes and buy SPY (or SCHG if you want semiconductor exposure) don’t need to tell anyone. congrats on your gains, well done!

Soi_Boi_13

What fiat risk is there to holding SPY? Owning productive companies can’t be spun as a bad thing. Sorry.

Away-Bird-6339

I tried posting this on the sub a week ago. Bitcoin will hit all time high and do a little retracement. It's a classic cup and handle and people are going to pile in after it breaks ATH again. Of course if SPY crashes etc. I think bitcoin does too. But unless Taiwan is invaded, AI will giving record profits to large caps and we should be in a bull market. Just my advice though anything can happen.

bubumamajuju

Sorry that happened. That being said, if you believe in Bitcoin - you know it will overtake gold. That’s over a 10x return from today without thinking. The bull run has just begun. Of course it’s long term value as we know is much higher as the only decentralized non-deflationary asset. Portable wealth. Even if you have a shit job, imagine that every dollar saved is 20x in the long term. If you’re getting paid 20 dollars an hour at fucking target, you’re getting paid 400 dollars an hour if you’re putting that into Bitcoin. Meanwhile some of my software engineer coworkers who get paid 150 an hour… they’re really getting paid less than that because their asset mix of bonds and SPY and shitcoins and their new overpriced car will not exceed inflation. An ATH doesn’t really mean shit right now. Just keep buying over the next 10 years and build up an emergency fund and never touch your Bitcoin again and you’ll be better than fine.

permanentburner89

Anybody else notice how closely it's following SPY today? Even the dead cat bounce

Duckgrad90

Absolutely. In the next 5–10 years……it will likely 3-5x minimum…..and likely much sooner. Google CNBC Mark Cuban…..supply and demand and just BTC. I say WHEN it has tripled in value……take out initial 10k and put in safer SPY, etc…..and let the remaining run. Nobody knows for sure…..but your kid will likely have 20-50k…..maybe 100k+……PLUS the safer acct value. I started Roth 401ks for my kids so there retirement is “set”……both will have mill’s tax free. Check that box!

rsreddit9

Yes. That’s why I’m 80% SPY now until I spend a lot more time learning. I’m in cs with a lot of math background, so no future strategy will be employed without serious testing

rsreddit9

I bought some stocks ~1.5y ago, and I’m well beating the market in that period (was abt even from 2020-2022 so had some losers I was too stubborn with for sure considering I had GME), but I’ve transitioned in the last 3 weeks to mostly SPY. The key, which is very challenging, is to not be too greedy and expose yourself to the right amount of risk. If SPY keeps going up I’m happy for the extra gains. If it drops, I know my stocks I’m mostly out of (example Decker and AMD) will probably drop off harder based on past trends I think op shouldn’t invest in individual stocks now, but that’s just my own opinion of the market. DCA out of btc basically directly to SPY is a good strategy to reduce risk, especially if more than 30% of op’s assets is crypto. I’m something like 20 crypto 50 stock rest cd/savings

International_Mr_

Don’t dump it in all at once. Just DCA into it. You got 10,000 you want to invest, do a weekly or monthly buy of 1,000 into SPY, VOO, whatever you want

ramadz

Come on. So have all the folks who have bought SPY or VTI and held it.

stuffandthings16

Can’t get myself to buy anything with the current environment. Too much froth, certainty, and ridiculousness with meme coins. Want to buy SPY puts too but lord it’s the same thing there. Paralyzed and can’t make a play because everything seems to not make sense

traditionalman16

A clarification on Point 4. Microstrategy has functionally added Bitcoin as a treasury asset like companies would hold cash, t-bills, commercial paper, etc. The result has been an explosion in it's marketcap as the underlying value of Bitcoin has grown alongside some speculative institutions using it as a derivative proxy for Bitcoin. The marketcap if sustained could open the door for MSTRs inclusion into SPY. Once in the index institutions, hedge funds, alongside retirement account holders will have an allocation to Bitcoin without knowing it. Forward looking companies may adopt a similar strategy.

frumpydrangus

Are you guys holding the ETFs in your IRAs and HSAs forever? Already got a solid return, not sure when to load stuff back into SPY

Ok_Art_2874

OP, buy $10k worth of S&P500 index fund (SPY or VOO) and $2k worth of bitcoin ETF (IBIT or FBTC)

Ok_Art_2874

Too risky. Keep at least $50-100k in cash as emergency fund. Beyond that, bulk of your savings should be in dividend earning stock index funds like SPY. Allocate 10% to dividend earning bonds and 10% to Bitcoin. No more than that

cryptokingmylo

This exact thing happend to me, I stopped buying about 2 years ago and invested into SPY to be responsible, I'm back to square one again 😂 Altough I told my girlfriend that if my crypto = 1 house ill cash out. I'm so close

Charming_Jury_8688

SPY you can sell covered calls to generate cash.

Independent-Wolf-832

Yeah, I agree. Bitcoin is staying at a quarter of my portfolio. I know there’s a chance I could retire early if I went all in but that would be gambling my family’s future. My income is good enough that I could recover eventually, so not a catastrophe if I lost it all. I’ll stick to my boring and reliable SPY, 401k and then take a chance with what is left over.