"What is the proper Bitcoin allocation? 5%? You think you have enough at 5%? Proper allocation is close to 10X, which is like a 1980s loan" -Techlead
"Wealth is created primarily through leverage... Boomers took in 30 year home loans and that is how they multiplied their wealth. Without leverage they would be still quite poor today despite some home appreciation. So buying Bitcoin at 1x is like buying a house without a loan and you will be waiting a long time. Making money slowly is easy but making money fast is the hard part. Bitcoin is the real estate for this generation and sure you could start with 1x. That's 100% allocation but that is not what your parents did, right? They went on 10x leverage and without that type of leverage, you could be severely under allocated. " ~Techlead What are your thoughts?? submitted by /u/incognito-b5w [link] [comments]
"Wealth is created primarily through leverage... Boomers took in 30 year home loans and that is how they multiplied their wealth. Without leverage they would be still quite poor today despite some home appreciation. So buying Bitcoin at 1x is like buying a house without a loan and you will be waiting a long time. Making money slowly is easy but making money fast is the hard part.
Bitcoin is the real estate for this generation and sure you could start with 1x. That's 100% allocation but that is not what your parents did, right? They went on 10x leverage and without that type of leverage, you could be severely under allocated. "
~Techlead
What are your thoughts??
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