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- #41
Thank you gentlemen for your input and opinions. For the record, I do have a "cold" wallet (electronic hardware not connected to the internet) and I'm using the mentioned security measures.
I look at BTC as a store of wealth and while it's value will probably increase over time, that's not where the major gains are expected to be made. There is expected to be another coin which will exceed BTC's value and growth potential. Hopefully one or more of the altcoins purchased will experience some asymmetrical gains.
I do have some physical gold and silver in an IRA. I have yet to acquire any physical gold or silver for self storage.
I have also acquired some small stakes in the traditional stock market after having previously taken my money out of stocks.
But I'm taking a hands on approach in selecting my stocks, rather than relying on "pre-packaged" offerings in a managed portfolio. I'm retired, so there will be no more pre-tax money coming in.
I look at BTC as a store of wealth and while it's value will probably increase over time, that's not where the major gains are expected to be made. There is expected to be another coin which will exceed BTC's value and growth potential. Hopefully one or more of the altcoins purchased will experience some asymmetrical gains.
I do have some physical gold and silver in an IRA. I have yet to acquire any physical gold or silver for self storage.
I have also acquired some small stakes in the traditional stock market after having previously taken my money out of stocks.
But I'm taking a hands on approach in selecting my stocks, rather than relying on "pre-packaged" offerings in a managed portfolio. I'm retired, so there will be no more pre-tax money coming in.