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I don't think there is any "passive" income in YouTube or creating something. Passive income flow is owning for example 20% of a farm which pays you out a share

I don't think there is any "passive" income in YouTube or creating something. Passive income flow is owning for example 20% of a farm which pays you out a share of their income every year. This being said, don't make it complicated. The last 10 years, putting your savings into FAANG was enough, and the next 10? Well, I am 3 years in BTC and it paid me well (2019: +60%, 2020: +350%, 2021: +80%). Watch 5 minutes of this (timestamped) https://youtu.be/ld8SBflZR7o?t=1033 https://youtu.be/ld8SBflZR7o?t=1033 And read this: https://twitter.com/RaoulGMI/status/1369038305187270658 https://twitter.com/RaoulGMI/status/1369038305187270658 Don't read Twitter, HackerNews or any other social media site regarding finance. Or at least, follow 1-2 people who know what they are saying. Stay otherwise away and make money.

akudha 6y ago
Is it too late to get into BTC?
- rulambo 6y ago
  Have you taken your time and watched 5 minutes of the linked YouTube video? HedgeFunds are just starting to get into BTC. The price is still to low for them to allocate even 1% of their capital to it. When the price hits around 500k, then it is starting to get interesting. So, no. It's not.
- csomar 6y ago
  It's definitively late if you are expecting the x100 returns, and significantly perilous now since prices have risen a lot recently.
- dbrereton 6y ago
  Anyone answering this question for you is probably biased in either direction. You should do your own reading and decide for yourself. Here's a good article from 2018 that gives an argument on the bullish side: https://vijayboyapati.medium.com/the-bullish-case-for-bitcoin-6ecc8bdecc1 https://vijayboyapati.medium.com/the-bullish-case-for-bitcoi..., and here's a more bearish view: https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3 https://crypto-anonymous-2021.medium.com/the-bit-short-insid....
- puddingnomeat 6y ago
  That depends. Where is the ceiling? There has to be a rational upper bound. Right?

akudha 6y ago

Is it too late to get into BTC?

rulambo 6y ago
Have you taken your time and watched 5 minutes of the linked YouTube video? HedgeFunds are just starting to get into BTC. The price is still to low for them to allocate even 1% of their capital to it. When the price hits around 500k, then it is starting to get interesting. So, no. It's not.
csomar 6y ago
It's definitively late if you are expecting the x100 returns, and significantly perilous now since prices have risen a lot recently.
dbrereton 6y ago
Anyone answering this question for you is probably biased in either direction. You should do your own reading and decide for yourself. Here's a good article from 2018 that gives an argument on the bullish side: https://vijayboyapati.medium.com/the-bullish-case-for-bitcoin-6ecc8bdecc1 https://vijayboyapati.medium.com/the-bullish-case-for-bitcoi..., and here's a more bearish view: https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3 https://crypto-anonymous-2021.medium.com/the-bit-short-insid....
puddingnomeat 6y ago
That depends. Where is the ceiling? There has to be a rational upper bound. Right?