Dear Quentin,
I’ve managed to acquire one bitcoin. I’m a 51-year-old single woman, and I’m a fully signed-up bitcoin follower. Given the volatility, I don’t want to cash it in, as I don’t think the crypto market is “bubblish.” When I first bought bitcoin it was $48,000, and then it fell to $16,000. I bought it at the wrong time, but anyone who has ridden the storm once isn’t worried about this downturn, and they’re buying furiously. My car is a piece of s—, but there’s no way I’m spending any money on anything other than bitcoin. […]
My retirement is completely in bitcoin. That is, I invested in Strategy, a bitcoin treasury company. That’s because of my faith in Strategy CEO Michael Saylor. Strategy buys bitcoin and sells shares of the company. I’m not a bit worried, and I would lose lots of money if I sold today. When I bought bitcoin in 2021, I didn’t fully understand it. But I do know it’s not something that should not be traded. Once you understand that, you buy and you hold. If I had money, I’d buy the dip.
… Why don’t more people do what I’m doing? What’s the catch? I don’t see one.
50-Something Bitcoin Fan
Source: ‘My retirement is completely in bitcoin’: Why don’t more people do what I do? – MarketWatch