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I’ve been investing since the early 1980s. I have a business degree and took investing classes. A close friend of my parents wrote the first investing book I read at age 10, called Stock Market ABC by Joanne K. Friedlander and Jean Neal, published in 1969 and given to me on my 10th birthday in April of that year. This started my interest in investing. I also have a background in technology, going back to 1982. I started a technology consulting practice 15 years ago and continue to be a successful player in the field. This combination of background and interests was the genesis of my interest in Bitcoin. I was searching for a way to mitigate risk in my portfolio. Bitcoin’s design makes it an interesting investment option for those seeking a hedge against currency debasement and the irresponsible fiscal governance most countries suffer. With a relatively small investment in Bitcoin, you can add alpha to your portfolio safely and innovatively. If you want to know more about it, please ask questions here, and I’ll respond with advice on books, websites, and podcasts you can consume to increase your understanding and appreciation of this new asset.
Thanks for this article. This could get interesting.
From Fidelity. The emphasis is theirs:
“Fidelity now has 2 crypto funds—one for bitcoin, one for ether—so you can add exposure to crypto in brokerage, trust, and IRA accounts.
Spot crypto ETPs (FBTC and FETH) are for investors with a high risk tolerance and invest in a single cryptocurrency, which are highly volatile and could become illiquid. Investors could lose their entire investment.”
I don’t often see fund managers advising that one could lose their entire investment in a product.
What impact do you believe quantum computing will have on Bitcoin over the next few years? I keep reading articles postulating that Bitcoin mining will be vastly simplified through this.
Do you ever use Grok? If so, “deepsearch” and “think” are pretty good at answering these types of questions.