SPY

Joe-M-4

That's true as of this report, correct! Take a look at the SPY vs. Top Ten section or the AMKT vs. Top Ten section of the post if you want to see how this plays out over time and indexes...

foxroadblue

That’s worse than SPY so why would anyone do that lmao

Soil_Electronic

SPY at almost all time highs. Bitcoin literally a turd

1980Phils

There is nothing wrong with an investment in SPY but BITCOIN is an amazing opportunity that has blown the SPY returns away by a percentage of many thousands since its invention. Bitcoin has already returned a higher percentage since 2013 than SPY has done in the entire century you mentioned.

snoughman

I mean I don't know how much you have but investing in SPY and crypto are complete opposites. Based on this comment, you'd be much better suited in an index fund like SPY due to lack of volatility.

SouthJazz1010

I was thinking about pure leverage trading. So I was wrong. I have to admit that I'm not too familiar with options trading, but you are right about the 10X profit. I'm not sure about the premiums in BTC options etc, premiums are probably pretty high because BTC is volatile, a bit too risky to do options and levage trading with I guess. Honestly got a bit interested in options now. Where are you trading those SPY 10x options?

SouthJazz1010

10X with SPY options during a week? Are you serious, leverage SPY? You don't think you can leverage BTC to?

SouthJazz1010

What are you talking about, Bitcoin was at ~$26K a year ago it's currently up ~$120% You could have pleaded the same argument a year ago but change the number to $26K. $26K worth of SPY blablabla***

1980Phils

No guarantee SPY is gonna provide 10% returns every year. Can lose 10% also. Over a 10 year span Bitcoin has done better than SPY and has more upside still.

Brilliant-Elk2404

He is not wrong. At its current state if you buy in the only thing you are doing is letting people who bought earlier dump their bags on you. Why would he buy "promise" of better financial future from you for $62k when he can buy $62k worth of SPY instead and enjoy stead 10 % growth and not be exit liquidity for early investors?

BigTLoc

If you bought BTC prior to 2021 then you know for sure that you have and awesome return. However, many who got in later wonder if they would have been better off buying SPY and chilling. This graph answers that question. It compares the difference in total return from buying BTC vs SPY on every date in the past 4 years. Basically, unless you bought during 2 periods in 2021 or in 2024, you have done well with BTC vs. SPY. Just made this bc I was curious.

Cautious_You7796

I've been DCA'ing into some coins (DOGE, AAVE, ETH, and LINK) with the intention of eventually moving that money into something more stable like QQQ or SPY. If you had put in $10 into DOGE every week starting in 2014 you'd have spent about $4000 but that $4000 is now $110,000.

Soil_Electronic

SPY finnished green screw this whole Crypto space

Remyleboo99

USA - SPY is doing ok. Hitting ATHs recently too. BTC didn’t go up in the same fashion. China - Hang Seng has been going up like crazy the past few days. BTC hasn’t reacted to that either. If both sides of the world aren’t affected BTC in such ways… hmm I’m confident it’ll go up a lot eventually but it’s just funny how the liquidity and pumping on both sides of the world aren’t affecting BTC as much as you would think.

Peeeeech

Was looking okay this morning, now it’s drilling drilling for real. Is this cuz of the middle east? SPY seems to be holding up fine. I’m so confused

Longjumping-Bonus723

Sure. Dock workers strike + massive Iran attack -> SPY falls down -> BTW goes down. As simple as that.

mallison945

I remember when BTC wasn’t just a 5x of the SPY

jwz9904

it's taking too long, we want it now, why is SPY at ath already?

hautdoge

You want assurance? Look at SPY over the long term. You’re basically guaranteed to get positive returns over a 10 yr time horizon. Btc is not the only thing that goes up consistently. There are plenty of others. You may just be stuck in an echo chamber.

dj73

Scalping can work but you have already identified a major achilles heel. FEES! ByBit has better fees than Binance - 0.05% Taker and 0.02% Maker for example on Futures. Thats not the real issue though, the real issue is the bizarre behaviour of BTC or ETH during trading hours. Very few setups work if you are used to trading SPY or QQQ or even forex or nasdaq wether minis or not. Opening range is not clearly defined, nor is friday close as crypto trades 24x7 - so they only loosely correlate to market opens and closes and etc. If you trade silver bullet it can be even worse. It CAN be done but your win rate will suffer until you get the hang of it.

Peeeeech

MSTR and COIN don’t give an f what SPY or QQQ does today. Crazy how the table has turned

olduvai_man

I'd rather invest in the other SPY before throwing $1 at the crypto one.

ZombieDracula

Stumbled upon $SPY Spacepay. Seems legit, probably nothing but threw 20 dollars at it. Do with that what you will.

lordinov

We want, but it can’t. As long as people compare it to SPY and gold they will all move somewhat correlated, sometimes yes, sometimes no.

drparapine

I am a naturally risk averse person. I do only Bitcoin. I never had a shitcoin phase. Once I did the necessary education, everything just went straight from SPY to BTC and will stay there until retirement when I sell only what I need for monthly expenses. And when I die the rest will go to my wife and kid.

Temporary_Principle1

You shouldn't even have all your money in BTC thats extremely wreckless. I know you may feel good now, but clearly you have never been through a full bear or bull cycle. BTC could crash to $1 tomorrow and then you would lose every single dollar to your name. It's not a guranteed investment, in fact it's one of the least safe investments (compared to VOO and SPY) besides alt-coins. If you're being genuine and not trolling you need to seriously study up and inform yourself more before investing in anything whether it be crypto or stock.

papa_autist

"...and the process of wealth-getting degenerates into a gamble and a lottery." Ridiculous, now excuse me while go all-in on these 0DTE SPY calls.

Soil_Electronic

SPY 500 at all time highs boomers eating good

The_Bubble_Burst_25

Yep...I think they go a quarter...markets take off right before election and then hit ATH in October...sell my March Gold Calls for SPY Leap Puts....this is going to be brutal imo. That BTC 8-13k is still in cards imo as this mirrors so much of 70-75 and 00-08 where markets found new lows ..so SnP 3000 or less. Flip that put buy some BTC and a couple alts and I'm throwing that shit in a security deposit box for 10 years lol. Maybe keep half my alts to offload on exchange.

Dee_Doo_Dow

At $125k-$150k this next cycle I’ll sell the same value BTC as my principal investment. I’ll then HODL until the following bull run cycle, by which time I’ll be 50ish. The total value of my holdings for enough to retire on, I’ll sell about 20% and likely put it in SPY and property. I’ll then keep selling about 20% of the total value each time it grows, and maintain approx the same BTC holding value, whilst reducing my risk. I plan to always HODL some BTC which my daughter will one day inherit.

Bongressman

Lol, yes. And I love Bitcoin. Take Bitcoin profits, straight into SPY, VOO, QQQ for an extra secure hold into retirement.

unknown839201

To gamble on an asset that has already gone from 60k to 15k in the short term last bull run I love bitcoin but it's a long term investment, not something like SPY where borrowing money to invest can be remotely justified

Diligent-Basket8017

What’s SPY brother? Newer to the space and interested in any stand out coins mentioned by the community. Seen this one come up a few times!

Re_LE_Vant_UN

Tradingview you can make a pair with anything by going to the symbol search and typing the symbols, doing a slash in-between them, then hitting ENTER. ADAUSD/XRP ADAUSD/SPY ADAUSD/VIX ADAUSD/TSLA ADAUSD/META ADAUSD/GOOG All work, for example.

SaiiBoii

Well said, thanks for your input! My time horizon is to make a realistic return (4-5x) this bull run while saving up cash side by side to get to 5 figure savings and dump it in SPY once the market dips.

SaiiBoii

SPY and BTC are indeed correlated

Oliver84Twist

This. BTC has a high beta - meaning when SPY goes up, it goes up more. SPY goes down - we go down more. ALT coins have a high beta versus BTC with the same relation.

Re_LE_Vant_UN

I would argue they have been. SPY is up 54% from the bear market with a new ATH. BTC is also up lots from the bottom, as we know. All without any rate cuts, actually were rate increases. Markets are forward looking, so they say. The only thing that hasn't been doing this are Alts. 👀

double-yefreitor

i know people who swap between SPY and VOO so same thing should work here. technically, it's legally dubious i guess.

dtlars

Was Bitcoin-shamed for hodlng only 4 @ avg 9k 3 y/o. Redditt is full of odd sorts that just mess with our minds. It was the Bob Loukas thread, and the pressure was intense to always get more. I finally sold most at ath and put it into SPY, QQQ, and raw land for a new house. Block the noise and do your own thing. May Saylor enjoy his bag when BTC hits 45M and totally usurps all world currencies. I'll be dead by then, but my daughter will have a nice house to live e in or sell

LargeSnorlax

I think a lot of people are expecting numbers like the stock market and never really looked at any crypto history before fomoing in at highs - There's basically apocalyptic doom posting over a 4% Bitcoin day when there used to be regular +-10% days with alts swinging 20-30%. [SPY is up 21% on the year](https://i.imgur.com/HAbBGbX.png) and [Bitcoin is up 107%](https://i.imgur.com/WM08kR0.png), if people bought only at the top there's not really anything to say other than they'll almost certainly get a chance to DCA lower during September.

Dry_Outside241

Doesn't move with the market up, but dumps with every SPY red candle.

The_Buttaman

People same the same thing when the Dow hit 10k, SPY hitting 300, etc.

knightsone43

If that is the case then just invest in SPY. Same thing and has way more history, chart goes up and to the right forever. This sub is full of regards.

PM_Me_Your_Mustash

BlackRock has the ETFs now, they successfully turned crypto into a daily market and dump it whenever they want, no different that SPY

lordinov

Same goes for SPY, if you bought the top in 2021 at 480, you had to wait till this year to break even.

Soil_Electronic

And SPY sits almost at all time highs 😅

stayyfr0styy

Based on what, CPI? The index that is designed to under-report buying power because rising prices dictates what people can afford to buy therefore the basket of goods keeps becoming lower quality since that’s what people can afford. Obviously if average wages only increase by 3% on average, than CPI can only increase by 3% since it’s based on what consumers are buying. If inflation is actually 100% but average workers don’t get a raise, they can’t increase their spending and magically inflation is 0% since their spending didn’t increase. You need to compare assets that store their value, like real estate, gold, s&p500, even cheeseburger index. Gold was $1,200 an ounce in 2010. SPY was $130. Average house was $220k. Today gold is $2,500 an ounce. So compared to gold, the dollar is down more than 50%. Average house price is now is $440k. The dollar is down 50% compared to housing. Spy is now $562. The dollar is down 70% compared to stocks. Any assets that store their value is up 50-70% compared to the dollar.

durtfuck

Fosho I went ham buying BTC this year. Now I’m going to pour everything else into SPY or VOO for a while.

Charming_Jury_8688

I think the best way to start is to buy and hold the stocks YOU like (I like SPY because it has large volume and diversified). Once you reach 100 shares of said stock, look into selling covered calls. From there you can start to formulate a gameplan and learn the tools (the greeks) this will help you choose a "good" price and time. Then look at cash secured puts. once you have these conservative option strategies down then you can have the confidence to move up the risk curve and greater complexity. DO NOT BUY CALLS AND PUTS JUST BECAUSE SOME LUCKY BASTARD ON WALLSTREETBETS MADE A MILLION. YOU ARE VERY LIKELY TO LOSE MONEY. Learn covered calls and cash secured puts first! It's boring, its expensive but it is much much much more reliable for continuous income. Its like basketball, if you dont master the fundamentals you will get dunked on.

IndependenceNew8080

If I were to dive into the world of trading options. Would you recommend I keep it simple and start with SPY?

Charming_Jury_8688

First 100k was just job. Second 100k stocks. Third 100k stock, bitcoin, options, and dividends. Fourth 100k options. It sounds like my journey has been climbing up the risk spectrum but I've actually been more risk-averse. So although it's more volatile I try to size appropriately. You don't really need to risk much to benefit from the upside in bitcoin and options. Now I'm just happy to make $2500/month through SPY options. Lowering expenses has really kicked my savings into turbo-drive. Nothing crazy just make sensible bets with decent upside and be okay with the potential loss. It really is about controlling your emotions and learning from your mistakes. Also read until your eyes bleed. 😂

DrEtatstician

25 years of trading experience and I am seriously thinking , all I need is 75% BTC 25% SPY and just relax

aprx4

If you want *that* no longer possible, stop the printer and it'll solve other "irrelevant concerns". Do you think that it's just coincidence we have more billionaires and a pumping stock market when Fed lowered the rate? If you already have SPY chart zoomed out, open Fed interest chart and see the correlation. Quantitative easing was supposed to be temporary 16 years ago, but it's new normal now. Look further into history, average income was increasing at same pace of productivity until US dollar is unpegged from gold. Monetary debasement also became new normal 50 years ago. Middle class peaked at same time, we've been going down ever since. They have been kicking cans down the road for 50 years while trying to sell you bandaids like wealth tax and price control that will further lead to eventual collapse.

aprx4

Elon and Bezos exists because of crazy money printing since 2008 crisis which continuously pumped stock market and pretty much every other assets. Open SPY or NASDAQ chart and zoom out. If money is cheaper everything else gets more expensive. Wealth disparity is another consequence of money printing and they want you to believe that wealth tax or taxing unrealized gain is solution, but it's barely even a bandaid.

WhiteVent98

Whats SPY? Whats VOO? Whats VTI?

Horszt

What is SPY?

WhiteVent98

It cant hold 60k right now, so I am loading. No more 25% BTC 75% SPY. Im allocating 100% BTC right now.

Slightly-Blasted

I know that, you know that, The average person does not know that, And despite the members of this sub being more savvy then most, still happens all the time, I see these posts weekly. Until the ability to rob someone blind with no chance of recovery or legal recourse is taken away, it will never be mainstream. When the #1 crypto exchange in the world is considered unsafe to use, What really is the point of putting money into crypto? You’d have better returns investing into VOO or SPY, or one of the many dividend stocks.

aveeyoyo

You would have better returns by investing on SPY and less risky too.

SqueakyNinja7

I’d recommend splitting between crypto and good index funds like TQQQ and UPRO. These are 3x leveraged the underlying, QQQ and SPY respectively. Much higher risk but at 17 you can handle the roller coaster and move into less risky investments as you get older.

veegaz

Half is way too much imo. I did 33% lump sum on crypto (BTC, ETH, BNB, ICP), 33% on ETFs (SPY, QOO, VTI) and 33% as hybrid emergency fund/gambling on futures/options

usuallyusualspinach

Love it! Keep stacking! I bought so much this year I’m gonna chill unless it straight up crashes. Now just buying SPY (S&P500 ETF)

dheera

First of all, financial advisors are a ripoff. There's about a 99% percent chance you will end up with more money if you just time cost average into an index fund such as VOO or SPY and stop looking at it until you retire. If you have some throwaway money to spare, go ahead and put some into BTC as long as you're okay with potentially losing it all. It's a bet. Financial advisors will say no to cover their ass. For you it's insurance against the injuries of kicking yourself if it goes 10X. That's it.

PM_Me_Your_Mustash

That’s the thing, the 1000% gains will never happen when you zoom out because it already happened. Like buying BTC right now at $65,000, it needs to double its $1 TRILLION market cap to get there. You would gain max 100% on that. BTC started trading around $0.06. I hate the “zoom out” sayings for this reason. Of note: if you purchased SPY calls on money and held today you’d be up 3,500%!!

PM_Me_Your_Mustash

Imagine if you held SPY calls this week. You’d be up 3,500%!!

VobraX

This is why i keep crypto just 10% of my portfolio and 80% in SPY lol.

Environmental-Bowl43

Here is a list including the three biggest stocks in the world, BTC and ETH, SPY and QQQ. It compares the previous market tops for all of them, to the bear lows to where they are today. SPY: Peaked at 474.96 on 31/12/2021, dropped to 357.18 on 30/09/2022 which is a -24.79% drop. Today it is 550.26 which is a 54.05% rise from the bear market low or a 15.85% rise from 31/12/2021 QQQ: Peaked at 403.99 on 19/11/2021, dropped to 260.74 on 14/10/2022 which is a -35.45% drop. Today it is 471.66 which is a 80.89% rise from the bear market low or a 16.75% rise from 19/11/2021 NVIDIA: Peaked at 32.99 on 19/11/2021, dropped to 11.23 on 14/10/2022 which is a -65.95% drop. Today it is 120.95 which is a 977.02% rise from the bear market low or a 266.62% rise from 19/11/2021 MICROSOFT: Peaked at 343.11 on 19/11/2021, dropped to 221.39 on 04/11/2022 which is a -35.47% drop. Today it is 419.66 which is a 89.55% rise from the bear market low or a 22.31% rise from 19/11/2021 APPLE: Peaked at 179.45 on 10/12/2021, dropped to 129.62 on 06/01/2023 which is a -27.76% drop. Today it is 224.97 which is a 73.56% rise from the bear market low or a 25.36% rise from 10/12/2021 BTC: Peaked at 64400 on 12/11/2021, dropped to 16942.8 on 30/12/2022 which is a -73.69% drop. Today it is 59517.1 which is a 251.28% rise from the bear market low or a -7.58% loss from 12/11/2021 ETH: Peaked at 4644.43 on 12/11/2021, dropped to 993.64 on 17/06/2022 which is a -78.60% drop. Today it is 2660.03 which is a 167.70% rise from the bear market low or a -42.72% loss from 12/11/2021

IlllIlIIlIlII

SPY is not down from previous ATH in 2021, Bitcoin is, if your timings are bad then you will make more money with S&P than Bitcoin.

Random_Name532890

If you had 20% more every year you have doubled after 3.5 years. The example was about the math in general, because it’s often surprising to people. Yes, SPY usually won’t have 3 years of 20% in a row. On average over longer term you can expect doubling about every 7 years. But that includes the good and all the bad years then. With basically no risk of crashing to zero (also when over longer times).

EdgeLord19941

SPY does not double every 3.5 years lol

jwz9904

but you're never getting -99% on SPY

Dont_Waver

Yup. But you're never getting 200% on SPY

Dont_Waver

Because a great year for SPY is up 20 percent.

OkBurner777

People need to understand this more. Bitcoin value is based on its strength as an ‘unprintable/undilutable’ alternative fiat, because it doesn’t have any value on its own, like gold or silver coins would let’s say. If nobody uses, or demands it as a fiat, it’s worthless. So ‘investment’ in bitcoin in ways where you aren’t holding coins/keys, is essentially speculating USD against another currency, like you would Yen or CAD. In an economic collapse, where the USD succumbs to rapid inflation or otherwise can no longer be used effectively, bitcoin will go down with it! 1. Because people (and massive investment banks) will liquidate positions in favour in huge amounts of USD (even if the value of each dollar is little), gold, land, etc. 2. Because if things get serious, as in no power, internet, servers, etc, bitcoin is very useless. 3. Because in a survival situation nobody is taking a bitcoin in exchange for a carton of eggs and bread. The survival of bitcoin is essentially hoping that society continues precisely on a track where an alternative *liquid* store of value is desired due to steady devaluation of its reserve currency - because any shock to the system, or real SHTF scenario, will see bitcoin track nearly identically to SPY, the DOW, and other indexes - which we often see on a weekly basis when everything moves as one (supply and demand).

iso20022_

Don't do it. Just buy BTC, ETH and a small bag of Solana, wait a year and you will make more money in a year than in 10 years investing in  SPY

TrickyStickySwirl

Shit ain’t that it tho? Supply and demand, of course demand will be higher when the price is higher, you can’t have one without the other. For me I just increasingly realize how worthless the dollar is, and can’t wait to get rid of it to buy things like BTC, and a little SPY in an IRA for good measure.

TheDeadReagans

This is actually terrible advice. One, because Mark Cuban got rich by selling his business to even richer people during the dot.com boom so he himself didn't even take this advice and never has and then he bought the Dallas Mavericks. Buying an pro sports franchise is pretty much a guaranteed money making machine investment. Alex Meruelo bought a failing NHL franchise in Arizona in 2019 for $350 million. He sold it a 5 years later for $1.2 billion. None of these guys understand how to invest as a small time investor. Secondly, 10% is like the bare minimum that they recommend you put into retirement investments when you're in your 20's. Suggesting someone set aside 10% to invest in high risk speculation is certifiably insane. Thirdly, you can get rich slowly without the risk. Let's say someone graduated from high school in 2004 decided to start investing $50/month into SPY. So from 2004 to 2008, you're a broke college student AND the financial crisis hits at the very end, You can only do $50/month. Your portfolio is worth only around $3000. You get your first real job after college you can afford to increase your investments to $200/month and you just do that consistently from 2009 until 2019, your protfolio is now worth $40,700, give or take. Then in 2019, you get your first big promotion and you can now afford $600/month into SPY. Using historical performance projected out to 2050, you'll end up with $2 million in SPY by 2050, give or take. Now of course, this is a cryptocurrency sub so everyone is just looking to buy the next Bitcoin or Ethereum. And there's nothing wrong with that or spending some extra money looking for the next big weed stock or flipping options like a WSB degen. But don't just abandon the slow steady route either. I've had Ethereum in my portfolio since 2017. Even if all of that went away, I'd still be on track to hit the seven figure mark in my portfolio by the 2040's, late 2030's if I'm lucky. I'll in my 40's then, still got my health, still live well and still on pace to retire with multiple passive streams of income.

JaggaJazz

I don't think people realize how much of BTC pricing is based off large conglomerates and individual whales. Those ads you see on TV about investing in crypto? You're paying for that right now, that price is baked in. It's obviously way more complicated than my simple post here, but I'm overall more of a bear than I am a bull. However, everything is inflated, and I've been in enough bull runs to know that logic is non-existent in the market and we could just as easily see BTC @ 10k as we could see BTC @ 100k Max out your Roth and 401ks, invest a good amount into SPY, and once you have all of that done, then you can throw money into crypto Too many people think they're traders, which is why real traders make bank in the market at this point

biba8163

> viix in my 401k. have said the intention for this portfolio is safe yoy growth..funds/etfs and take profits into dividends you are not getting safer growth or more returns with fzrox, schd or fzilx. Look at how each of those went down in March 2020. All of them tanked as much as the SPY. Everything tanked around 30% in 2020 but - SPY is up 138% since then - SCHD is up 100% since then - fzilx is up 63% since then You're not getting any more safety and you're losing in returns. Read up on dividend traps - yeah it's a trap. International has been underperforming forever. If you have viix maybe you're at Vanguard. Read up on John Bogle, its founder. He said you don't need international. Vanguard keeps stressing international exposure and it has cost investors a ton over the years. And you're not in safety if you have FBTC and FETH anyway. If you're young, you should be more risky if there is risk/reward payoff so you're not wrong to risk some on crypto in a ROTH account. If you really want safety, you can ladder 10-yr, 20-yr, 30-yr treasuries. I am doing some of this for the first time in my life since I stopped working 2 years ago since I need guaranteed safety (still probably lose to inflation anyway)

bzkilla88

Better to invest in the S&P 500 (SPY) . In crypto you gotta be in a group and know which one they will pump so you can pump and dump with them. If you’re alone just know when to sell and don’t get greedy. Any profit is a profit. Don’t be the guy that’s up $10k and don’t sell and now you’re up $20. I’ve been there man. Shit sucks lol.

drparapine

Yes I recant my statement on 529’s. I just realized I tried to do this earlier this year and was gravely disappointed at the lack of options allowed me in that vehicle. So I’m no longer contributing to it annually.  Capital gains tax free status only applies to Roth IRA’s. Ever since it was possible, everything I ever had in a Roth has now been redirected from SPY to FBTC. 

Charming_Jury_8688

I think going forward a small percentage of my bitcoin will be used for this. The only caveat is that this would be after holding for 1 or 2 cycles (because I don't want to sell at a loss also tax implications). Like I love stocks, if I wake up in 2030 and see SPY down 40% of course I will sell some btc because that's a valuable asset at a discount.

Life_Walrus_4263

if makro market dies crypto dies even faster. fact. man crypto dips even when SPY says the weather is bad. never though of gold but i should

vincelee2000

It is 100% if you only invest in index ETF such as SPY and QQQ. SPY goes up forever by its design

throwaway92715

The way I see it, I have my regular employer matched 401(k) contributions in a Vanguard fund, I have my annual Roth IRA contributions in SPY/VOO etc, and the rest goes into Bitcoin.

TotesGnar

I respect you for admitting you were against it, not a lot of people do. One of the best ways to understand why the S&P 500 is not an inflation hedge is when you look up the "SPY/M2" chart versus the "BTC/M2" chart. What you'll see is that the S&P 500 has not risen in relation to the M2 money supply and you'll see that the Bitcoin chart looks virtually no different then the "Bitcoin/USD" price chart. This may be the most mind-blowing way to visually see the inflation hedge narrative at play. For me personally, I am not investing in it because I think it'll replace fiat one day. I don't really care if it gets used as a currency. I care way more about it being a perfect store of value related to anything else.

somermike

I was specifically talking about BTC. 60k 56k, 53k, 49k. Those are the descending lows since hitting 73k without making a new high. The market crash has also not wrapped yet. SPY 440 is very real.

Octaazacubane

Previously "hedged" with more traditional investments like SPY, a treasury money market fund, some AAPL or a dividend stock like F. I am now rawdoggin, now with leverage!

WhiteVent98

:| bitcoin is literally following $SPY when the markets are open lol. It’s definitely manipulatable. Also how exchanges fake volume…

Deadeye313

Tell him not to invest in one company, he should invest in broad market etfs like VOO or SPY or VTI. ...I was about to also type "if he wants dividends, he could invest in SCHD" but intel isn't even a dividend company anymore...

tj78492

Majority in cold storage. Hedging with a portfolio of 80% IBIT / 20% SPY. Biggest risk is yourself in self custody to me. Also have some SPY incase I'm wrong on Bitcoin. I also like IBIT as you can borrow against it on M1 Finance and tax returns are straight forward as it's in a brokerage.

anon-187101

just look at the data average 30-day correlation to SPY is ~0, for one it also went on a massive run during a period of increasing rates in 2017 but feel free to go with the story you tell yourself in your head, haha

Accomplished-Video71

In my opinion: bitcoin is safe Proven track record: buy SPY. "Safe" 11% return for 50+ years, if you believe in the US economy. Blockchain is only 15 years old so there's nothing "safe" in investment terms.

peekdasneaks

Put it this way, 13m BTC in 20 years is a 200x or 20000% gain SPY in the last 20 years has seen a 4x or 400% gain

TotesGnar

For the sake of your mental health please don't look up the "BTC/SPY" chart on tradingview. Or even worse "SPY/M2".

Re_LE_Vant_UN

I'm at about 8% APY on the staking. Not as good as SPY but this has greater potential returns by a lot. If we ever get a proper bull market that cycles into an alt season.

HeavyRightFoot19

None, still holding 0.47 but bought 1k of SPY calls

TaterTotsAndFanta

Take your remaining funds, divide it by 4. Put 25% into SPY and Nas100. Put the remaining 50% into a HISA and if the market dumps another 10 to 20%, dca and all in.

RatherOakyAfterbirth

Or it’s just getting started, SPY is already down 5% premarket.