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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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19040919 No.19040919 [Reply] [Original]

Theoretically what is a make it stack of BTC and ETH for a 23 yr old bloomer?

Could you hypothetically make it with 1btc and 32 ETH?

>> No.19040938

>>19040919

No retard. Buy Link.

>> No.19040963

>>19040919
64 ETH to make it

>> No.19040979

>>19040938
how much link? I just deposited $1k into my coinbase

>> No.19040983

>>19040919
>32 ETH
This is meme promoted by mETH heads

>> No.19040990

>>19040938
Dont listen to this faget

Buy at least 1 BTC and 32 ETH if you plan holding 10+ years. You will fucking make it.

Set up recurring payments, stack sats. Treat BTC as your 401k.

>> No.19041000

>>19040979
0, stop falling for shills on this board

>> No.19041313

>>19040990
What if I hypothetically theoretically already have those stacks and want confirmation bias that I will make it

>> No.19041359

>>19041000
I'm only joking anon. I missed the LINk pumps imo. I saw it being shipped when it was worth pennies and didn't buy then won't buy now

>> No.19041530
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19041530

>>19040919
hello Bloomer,

ETH? eth developers rescued themselfs after the DAO hack, reason why there is ETH and ETC. Not only hat, it is highly debatable if ETH 2.0 will ever come out for "muh staking".

>> No.19041542

>>19040919
Let's do a short analysis:
At about current prices give or take a bit, 1 BTC and 32 ETH is about $15k
If both of those assets reach their ATH again, your stack will be worth ~$64,000
That's definitely not making it.

If both of your assets double their ATHs, you've got ~$129,000
Which is a workable amount for a 24-25 year old, but also still not/makeit/ money

As much as people forecast BTC going to $100k, it's generally not safe to bet it will reach there in the next two years, as there could be significant selling pressure at ~$56,000 where the one trillion dollar marketcap for bitcoin is

Now considering /makeit/ money for a 25 year old could be thought of as having somewhere between at least $250,000 to $500,000 in liquid assets, since you could fairly easily double or quadruple that amount in less than 10 years on other, safer financial instruments, then we can say that a /makingit/ portfolio for your age would likely be 6 bitcoins
On a longterm bet that they will reach a value of at least $56,000 and likely higher with more uncertainty, after taxes you will have enough money to "reach an escape velocity" and start snowballing your money into more money with safer and less volatile instruments

And fuck ETH cause it's gey and BTC leads the market

>> No.19041557

>>19040938
bitcoin is playing it safe, link is playing green.
any cryto that isnt a shitcoin will be worth alot more in the future

>> No.19041562
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19041562

BTC is fucked beyond repair.

muh lightning will save us...... No it wont, LN is highly flawed and as a joke there is more BTC on the ETH network than in LN.

>> No.19041586
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19041586

Since you are a bloomer, you might have time, read everything on medium by _unwriter, here a primer

https://medium.com/@_unwriter/the-resolution-of-the-bitcoin-cash-experiment-52b86d8cd187

>> No.19041608
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19041608

and to your question of how much is a make it stack :

picrel.

>> No.19041628
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19041628

>>19041359

>> No.19041668
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19041668

>>19041628
Fixed

>> No.19041754

>>19041542
now do those calculations for $15k worth of link

>> No.19041954

>>19041668
Fixed what

>> No.19041995

>>19041542
I've done this math before myself. If I've got $100k I'm in the clear imo. Given that I also have a stock portfolio that I've done pretty well with and precious metals

>> No.19042075

>>19041586
Based do I should just buy more BTC

>> No.19042131

no you won't make it with that amount unless you wait years

UBT is going on a chainlink style run right now

>> No.19042594

If you want to make it with BTC in 3 years you need 6. Just 1 is all you need in the long run though.