r/AskReddit • u/Previous-Ad3911 • 7d ago

You can have 5000 of anything that starts with Y. What do you choose?

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u/BaronsDad 6d ago

Nvidia, Tesla, Broadcom, Netflix, Dominos, United Rentals, bitcoin...

MegaMillions Tuesday, March 27, 2012: 9 19 34 44 51 (24)

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u/no-signal 6d ago

Bitcoin was 10 cent. Buy $2000 worth and start dumping slowly every year. You will have way more than 100m in 2024.

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u/Iggest 6d ago

Hey I don't know much about crypto or the stock market. Can you explain why dump slowly every year?

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u/RoadDoggFL 6d ago

It's not unique to crypto. Any asset is likely to lose value if the supply skyrockets, if suddenly everyone around the world tried to get rid of their US dollars, the US economy would be in crisis. The most unique part of crypto is that it would take much less activity to affect the price negatively, so slowly offloading would definitely be the best move.

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u/Iggest 6d ago

Thank you!