BITCOIN

eskbanker

Seems a bit disingenuous to describe these as ATMs, as the available functionality (at this stage at least) would seem better labelled as 'vending machines'....

Thrugelmir

Scottex99 said:

The only problem with doing 4-5 years of crypto investing, when you go back to traditional it feels like an absolute bore. Of course more money is the only aim of the game but you switch back into gold or some stock that does 2.39% in a year (up or down) and it's... boring.

My best investments over the years have been boring. Endlessly grinding out cash profits to distribute to shareholders. 

Adyinvestment

eskbanker said:

Seems a bit disingenuous to describe these as ATMs, as the available functionality (at this stage at least) would seem better labelled as 'vending machines'....

They are big machines with Bitcoin plastered all over it, giving you the ability to buy Bitcoin (and also send it all over the world)

That's good enough for me 

eskbanker

Adyinvestment said:

eskbanker said:

Seems a bit disingenuous to describe these as ATMs, as the available functionality (at this stage at least) would seem better labelled as 'vending machines'....

They are big machines with Bitcoin plastered all over it, giving you the ability to buy Bitcoin (and also send it all over the world)

That's good enough for me 

Anyone used one of these Coke ATMs recently?

Adyinvestment

I can't think of many better ways to advertise/legitimise/build a brand name for CocaCola than them ATM's lol

RolandFlagg

I just want to give an example of how adding 2% of BTC in the past can produce big upside in the years it does well, but doesn't give much more downside on the years it does badly with this chart:

https://snipboard.io/9hVOFR.jpg

The boxes to look at are the White AA box. This is standard 60% stocks, 40% bonds portfolio.

And the Grey box that says AAw/2.0%. This is 58% stocks, 40% bonds, 2% bitcoin.

For example:

Bitcoin good year 2017:
Standard 60/40 (white box) up 14.6%
58/40/2 allocation (grey box) up 40.6%

Bitcoin bad year 2018:
Standard 60/40 (white box) down 5.6%
58/40/2 allocation (grey box) down 6.8%

When Bitcoin goes up in a year, it often goes parabolic.

But yet in 2018 when it crashed 72%, it would have given you only a 1.2% extra loss to a standard 60/40 portfolio.

tebbins

RolandFlagg said:

I just want to give an example of how adding 2% of BTC in the past can produce big upside in the years it does well, but doesn't give much more downside on the years it does badly with this chart:

https://snipboard.io/9hVOFR.jpg

The boxes to look at are the White AA box. This is standard 60% stocks, 40% bonds portfolio.

And the Grey box that says AAw/2.0%. This is 58% stocks, 40% bonds, 2% bitcoin.

For example:

Bitcoin good year 2017:
Standard 60/40 (white box) up 14.6%
58/40/2 allocation (grey box) up 40.6%

Bitcoin bad year 2018:
Standard 60/40 (white box) down 5.6%
58/40/2 allocation (grey box) down 6.8%

Past performance and all that, which is utterly unknowable for crypto but at least with stocks and bonds you can make somewhat educated guesses based on valuations and yields.

RolandFlagg

tebbins said:

RolandFlagg said:

I just want to give an example of how adding 2% of BTC in the past can produce big upside in the years it does well, but doesn't give much more downside on the years it does badly with this chart:

https://snipboard.io/9hVOFR.jpg

The boxes to look at are the White AA box. This is standard 60% stocks, 40% bonds portfolio.

And the Grey box that says AAw/2.0%. This is 58% stocks, 40% bonds, 2% bitcoin.

For example:

Bitcoin good year 2017:
Standard 60/40 (white box) up 14.6%
58/40/2 allocation (grey box) up 40.6%

Bitcoin bad year 2018:
Standard 60/40 (white box) down 5.6%
58/40/2 allocation (grey box) down 6.8%

Past performance and all that, which is utterly unknowable for crypto but at least with stocks and bonds you can make somewhat educated guesses based on valuations and yields.

Small risk, large reward.

tebbins

RolandFlagg said:

tebbins said:

RolandFlagg said:

I just want to give an example of how adding 2% of BTC in the past can produce big upside in the years it does well, but doesn't give much more downside on the years it does badly with this chart:

https://snipboard.io/9hVOFR.jpg

The boxes to look at are the White AA box. This is standard 60% stocks, 40% bonds portfolio.

And the Grey box that says AAw/2.0%. This is 58% stocks, 40% bonds, 2% bitcoin.

For example:

Bitcoin good year 2017:
Standard 60/40 (white box) up 14.6%
58/40/2 allocation (grey box) up 40.6%

Bitcoin bad year 2018:
Standard 60/40 (white box) down 5.6%
58/40/2 allocation (grey box) down 6.8%

Past performance and all that, which is utterly unknowable for crypto but at least with stocks and bonds you can make somewhat educated guesses based on valuations and yields.

Small risk, large reward.

>.................... > The point > .................... >


                                 You

User232002

tebbins said:

Past performance and all that, which is utterly unknowable for crypto but at least with stocks and bonds you can make somewhat educated guesses based on valuations and yields.

Not really. 

'Valuations and yields,' eh? Compare the valuation of Bitcoin to Gold. Then compare metrics and inflows. As I have continually pointed out in several threads, Bitcoin can have a yield. Other assets have an even easier yield (such as Ethereum). Other tokens can be evaluated using metrics such as P/E ratios just as you would a normal stock. 

Just because you lack the knowledge of these aspects in the crypto world doesn't mean they don't exist.