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The Motley Fool Giving Good Advice On Bitcoin?www.fool.com/investing/2024/12/19/ultimate-guide-investing-bitcoin-max-returns/
635 sats \ 10 comments \ @siggy47 19 Dec bitcoin
It's critical to learn more about Bitcoin to develop conviction in the digital asset's prospects.
The fact that there will only ever be 21 million coins highlights its scarcity. In a world in which governments constantly debase fiat currencies by running the printing presses, owning something that has a fixed supply is alluring.
Bitcoin is also decentralized and global. And compared to gold, which is viewed as a popular store of value, Bitcoin is more divisible, easier to use in transactions, portable, and verifiable. I don't think it's a stretch to believe that Bitcoin's market cap will not only reach the $17.8 trillion value of all above-ground gold, but that it can also exceed this figure in the future.
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115 sats \ 5 replies \ @Bell_curve 19 Dec
Generated by AI 🤖?
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11 sats \ 0 replies \ @k00b 19 Dec
It definitely reads like AI, but appears to be original.
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11 sats \ 3 replies \ @siggy47 OP 19 Dec
That never occurred to me. Did you check with an ai detector? My internal detector isn't great.
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91 sats \ 2 replies \ @Bell_curve 19 Dec
I did not check.
I was half kidding and making fun of motley fool.
I used to be a fan of motley fool in 1999!
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11 sats \ 1 reply \ @siggy47 OP 19 Dec
I never joined, but I had friends who used to pay what I thought was a lot of money for access to their content.
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43 sats \ 0 replies \ @Bell_curve 19 Dec
Same, I never paid for their subscriber content.
They used to circulate free content to newspapers such as LA Times in their early days (1998).
I remember watching an interview with the 2 founders (I think it was Charlie Rose)
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98 sats \ 0 replies \ @grayruby 19 Dec
They have many different writers with varying opinions.
I think the fool might have been worth it in the early days when David and Tom were making the picks. Not sure it is relevant anymore.
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43 sats \ 0 replies \ @BlokchainB 19 Dec
I was a customer of one of their products a few years back. I started to run an experiment in the fall of 2021 their stock picks vs buying bitcoin.
So far Bitcoin is crushing their picks in fiat terms.
I’ll be doing an update on this experiment this weekend!
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43 sats \ 0 replies \ @Satosora 19 Dec
Its easy to say this now that bitcoin is successful. Were they saying the same thing when it wasnt 100k? Before trump was elected? Its always easy to say that it "might" be a good idea to watch and allocate some resources to, after it is proven. From what l remember from their articles, they always said low cost etfs were a good buy. Also to buy dividend etfs. Suddenly it is bitcoin?
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43 sats \ 0 replies \ @LowK3y19 19 Dec
Didn’t they say bitcoin was an another tulip mania ?
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