Quote (addone @ Jun 12 2021 09:29am)
where to convert dollars to then everything and anything hopeful?
btc/crypto
land/realestate
gold/silver/oil commodities
or maybe some into stockmarket?
Bitcoin will be the great store of value in the upcoming years for sure, 2021 should be the acceleration of the network effect.
I wouldn't want to be in land/real estate especially would not want to buy something now.
Gold/Silver should do great especially with the new Basel regulation on the paper market, this is still the most manipulated markets in the world.
Oil & commodities will do great, the supercycles has already started. We should have good news in the upcoming months/years in the deuterium nuclear fusion, still a lot of room for traditional uranium nuclear too in my opinion. Energy will be a sector with a lot of upside in the upcoming years, I would want to be into that if I had capital.
Stock market is a lot USD correlated, I would want to be strategic about where to put my money, my personal opinion is the upside/downside risk isn't there for me. Overall I would want a more defensive portfolio for the upcoming months/years. I have a very unique way of analyzing stuff as a Bitcoin maximalist, usually one would use the USD to see how it perform ; we compare real estate in USD, we compare apple stock in USD, we price everything in USD. Take the S&P for example, if we slap it against the USD and the purchasing power declining every year it's mostly flat. If you slap gold against USD purchasing power it's not bad. If you slap any store of value against Bitcoin you will see that it's a shitty return, Bitcoin is the hope in this shitty financial system, it gives people a chance to have an appreciating purchasing power over time, nothing else does that at such an incredible speed. Our monetary system is build for our currencies to lose purchasing power over time, it is literally designed that way. Bitcoin does the opposite and solve a lot of problem en route. Everybody will soon compete to own a piece of ultra scarce appreciating Bitcoin.
You can always build more house, cut more trees, find more oil, mine more gold. Nobody can say that we found and exploited all of the available resources.
There will only be 21m Bitcoin ever mined, think about it it might be the best decision of your life.