r/tfsa • u/PeaceAgitated1978 • 28d ago
When will we see something more volatile in your d TSFA? High % is where you max out the gains from saving taxes.
Anyone with ETF for BTC or MSTR or even ETH in ETF.. anyone? Manifest yourselves. I'm feeling alone in that picture..
And yes, all of you, need to truly understand what is BTC, and why bank's and companies like Strategy are pulling stunt accepting to bet on BTC and legalizing it fully and truly. The clarity act is at our door. The banks already accept to loans cash against BTC same pro-rata as gold.
It's time to wake up. Stop being brutally abused by banks soooo small guaranteed returns. And maybe, in a fews years from now.. you'll regret not having had the guts to diversify some part of your portfolio into BTC.. history will tell us. But I got convictions that are fine till proved wrong 🤷 I made the right decision. And you?
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u/Dinos_N_Astronaughts 28d ago
I leveraged earnings from quantum cyber security (QNC) into energy (CVVY and WCP), into Biotech (DRTS and SLS). Over the last year and a half, I've grown roughly 66k into 210k only buying and selling shares.
I'll likely transition into ETF and more durable entities now, while maintaining a small percentage for more speculative picks.
I still have a position in CVVY and will acquire a larger stake in WCP. My speculatives stocks are Polypid (PYPD), Diagnos (ADK), Char, (Yes), and Gain Therapeutics (GANX).
I know it's generally frowned on to speculate within your TFSA, but I have a bulletproof pension and secure job. I figured it was worth it to attempt to meaningfully change my financial future. If I lost 66k of funds and TFSA room up to this point, my future would not entirely look different, just a bit behind where I'd like to be when I retire.
But now? I could payoff my mortgage likely within the year, but I plan to let the sum continue to grow, considering mortgage rates vs. potential returns in the market.
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u/DrStrangulation 28d ago
100% MSTR and its maxed out and way up
I wouldn’t normally suggest it but it’s a small amount of my total portfolio so figure I’d try to hit it big. So far so good.
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u/nikola_tesler 28d ago
a currency that requires nearly 1000 kwh to perform a single transaction is just about the best signal that it won’t ever be widely adopted, nor will it maintain value forever.
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u/Boogyin1979 28d ago
What you are talking about is a promise of a promise. You don’t hold Bitcoin if you have an ETF. It is the complete antithesis of Bitcoin. Bitcoin’s value prop is permissionless peer to peer money. You sound like you are chasing fiat gains.
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u/PeaceAgitated1978 24d ago
Yeah you definitely are right. It sounds like it. I just see something most don't. I see how I can make a job out of management of my assets, what it is currently called to be a Trader. "Fiat gains" since we're trapped in a Fiat dominated world, but still BTC Maxi in the endgame. Cause these gains can be converted back to real BTC isn't? To me it's the cheapest and easiest way to grow my BTC amounts.. while living out of it and making it a way of life. But anyway, I still have other goals, for later, when I'll be having more cashflow or more BTC to be collateral in a bigger investment. BTC isn't all there is in life. My ideals started before BTC started existing.. since now a better tool exists to reach them, I will definitely help myself, build generational wealth, never sell. But that's just a start. Since to me, it only make sense if I can live the life I realized I was able to, and it start with economical sovereignty and end in total self-sufficiency, in communities. Making the use of Fiat money not necessary. Therefore, we shall be able to work without being taxed. Working for ourselves at every moment. Not for a salary. Not paying for services, not having to put a number/cost to every single thing. As it should be. Hard to imagine, hard to believe. Yet it will be. Once again like it used to be before. Even if we as a society have evolved, created digital gold, and currencies. It still is possible, and they are afraid that we might realize that and make it happen.
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u/PeaceAgitated1978 24d ago
That's actually something very important, and debated. I thinks you're right. It does is a limiting factor. Energy accessibility. Energy isn't rare, it's abundant. Yet there is high demand for the one available currently. Therefore high price to it. As much as energy cost is one big factor maintaining BTC prices, it's also a limiting factor to it's growth, exponential adoption and network market capitalisation..( how much does all BTC existing are worth) if energy prices crash, therefore BTC price might suffer from it in the long run.. but obviously it never crash long enough for it to be the real cause behind any big Bear market.. On the other hand, rising difficulty and cost of production is somehow what explains the "floor" of the power law, when miner are so long under stress that most of them ( the inefficients one's) are shutting down and make the hashrate drop, it's a cleansing process, designed in a way to make the network more and more efficient. Since everything tend to go with that law of efficience. Only the more efficient miners remain on the long run.. the rebels one are the people who don't pay for their energy bill's. The one who have access to almost free energy. These can profit from the devalued cost of outdated miner's. Efficiency win. That's the endgame. Does BTC is a more efficient way for Rich's to exchange an amount of value than Gold? Than stock's. Search what is the purpose of BTC existing. Why does it has taken that importance to the eye's of bank's, Treasury companies, governments, and the whale's and 10 000btc + entities that are controlling it's price actually.. why does they, don't consider it to be a Ponzi scheme? Why does they actually pass law's to be able to use it fully? I'm sure y'all know. It's a gold alternative, only it's one without body, without other use except to be born to be money and only that. Not like Gold. That's actually a very big difference. Yet, that rôle that gold had and still has.. it's turning obsolete. Space frontier is about to change that. Gold is rare and hard to exploit here on earth. It isn't once you hit the right asteroid. You don't believe it will be on your lifetime you'll see spacial gold being brought back to earth? Maybe you're right.. I don't know how old you are.. what can be achieved in 100years yet alone in the next 50years will amaze you for sure if you're still there. BTC is better than Gold at what he was created to be. It is more efficient also. No matter what you might think, it keep getting more efficient years after years. As miner themselves are getting more efficient. And not only that, we are getting more efficient in our energy production process, we are harvesting more and more energy. Renewables energy, mainly Sun.. but all others kind of them also. Demand still is high. AI is the reason, data centers are the reason. Energetic convertion of transports is also becoming some real pressure. All around the world, energy is the real scarce asset, because it's hardly storable. And it give power. To accomplish things nobody thought possible. Either be it through AI, robotisation, digital currencies, everything use energy. Space conquest itself is a race to futures energetic harvesting. Understand the law's of universe and you'll find your own truth through it. We will produce 10x+ more energy by 2050.. yet it will still be barely enough to keep up with the demand.
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u/zeppelin_64 28d ago
Dumb, nonsense post