The S&P 500 vs Bitcoin.
Hi there, I’m a new crypto investor and have previously only invested in the S&P for the last few years. I have a healthy amount in my isa, however recently I’ve been thinking about significantly reducing my monthly contributions to the S&P in favor of crypto, and even just draining it, in favor of bitcoin and another project I believe in. Just curious if anyone’s been in a similar position. My isa is essentially my retirement fund, and this is a whole new level of risk for me - perhaps it wouldn’t be if I further understood bitcoin but I imagine that will come with time. Any advice is appreciated. TLDR: Should I significantly reduce my monthly contributions in the S&P in favor of bitcoin, perhaps even dumping my whole fund into bitcoin. submitted by /u/TreacleReal5537 [link] [comments]
Hi there, I’m a new crypto investor and have previously only invested in the S&P for the last few years. I have a healthy amount in my isa, however recently I’ve been thinking about significantly reducing my monthly contributions to the S&P in favor of crypto, and even just draining it, in favor of bitcoin and another project I believe in.
Just curious if anyone’s been in a similar position. My isa is essentially my retirement fund, and this is a whole new level of risk for me - perhaps it wouldn’t be if I further understood bitcoin but I imagine that will come with time. Any advice is appreciated.
TLDR: Should I significantly reduce my monthly contributions in the S&P in favor of bitcoin, perhaps even dumping my whole fund into bitcoin.
[link] [comments]
