Not close to investment advice-but hope my experience can help someone make the best decision for them.As I stated, I sold my condo and rolled the money into bitcoin. My long term plan is to hold 20-50% forever. Here's what I've learned in 5 points.1-Most people, especially those in the developed world, have zero clue what bitcoin is. This is true among higher income earners. My average friend and colleague makes between $150-$250k as a single income earner with no kids (think high disposable income). Maybe 5% have any serious allocation relative to net worth in bitcoin. 2 out of 60 people I know actually understand to a decent degree what bitcoin is.We are getting close to the older folks participating in bitcoin. It will be very, very small, but they are starting to join. This is especially true for very wealthy people-they don't talk about it, but I know several that own a few hundred grand worth of bitcoin.The people I refuse to listen to our those with income wealth, not investment wealth. Be wary of your suburban dad with the leased e class amg who works as a sales manager pulling in $200k a year. These people know how to play the office game and are income rich. They have zero clue what is going on. They THINK they do.I think maximalists will be disappointed in how this roles out. Digital wallets will be common place in the next 3-5 years. Many who own bitcoin will have very little clue how it works.The same people who were calling housing market tops in 2017 just bought homes. Not making fun of them, observing -I still think housing goes higher. These same people have little to no bitcoin, or sold it and think it's going to 10k. It's just like housing-people say things that they want to happen. via /r/Bitcoin https://bit.ly/3CgtYY2
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